This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A warranty deed is a legal document used in Hillsborough, Florida, to transfer ownership of real estate from one individual to another. It provides the buyer with certain guarantees about the property's legal status and ownership rights. This type of deed assures the buyer that the property is free from any undisclosed encumbrances or claims. The Hillsborough County Clerk of the Circuit Court provides various types of warranty deeds from individual to individual, such as: 1. General Warranty Deed: A common type of warranty deed, which guarantees the buyer against any claims or issues arising both prior and during the ownership of the property. 2. Special Warranty Deed: This deed offers less extensive guarantees than a general warranty deed. It only warrants against claims or issues arising during the seller's ownership but not before their ownership. 3. Quitclaim Deed: Although not a warranty deed in the strictest sense, it is worth mentioning as it is commonly used in property transfers in Hillsborough, Florida. A quitclaim deed transfers the seller's interest or claim (if any) in the property to the buyer without any warranty or guarantee. It provides the least protection to the buyer and should be used cautiously. When preparing a Hillsborough Florida Warranty Deed from Individual to Individual, several essential details must be included: 1. Granter and Grantee Information: The deed should identify both the individual transferring the property (granter) and the individual receiving the property (grantee). Their full names, addresses, and contact information should be clearly stated. 2. Legal Description of the Property: A detailed and accurate legal description of the property being transferred is crucial. This includes the street address, lot and block numbers (if applicable), and subdivision name. 3. Consideration: The deed should specify the agreed-upon purchase price or other forms of consideration for the property. 4. Statement of Conveyance and Granting Clause: The document must contain language indicating the granter's intention to transfer ownership of the property to the grantee. Common phrases may include "conveys and warrants," "grants, bargains, and sells," or similar terminology. 5. Assurance of Title: The deed should include clauses assuring that the granter has the legal authority to transfer the property, that the property is free from undisclosed encumbrances, and that the granter will defend the title against any future claims. 6. Signature and Acknowledgment: The deed must be signed by the granter(s) in the presence of a notary public, who will acknowledge the signatures. Proper notarization is crucial for the deed's validity. It is important to consult with an attorney or a real estate professional when preparing or executing a Hillsborough Florida Warranty Deed from Individual to ensure compliance with local laws and regulations.
