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 real estate transactions to transfer ownership of a property from one individual to another in Orlando, Florida. It guarantees that the seller (granter) has clear title to the property and has the right to transfer it to the buyer (grantee) free from any encumbrances or claims. In Orlando, Florida, there are primarily two types of warranty deeds commonly used for transfers between individuals: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the buyer. It contains specific covenants or promises from the seller that guarantee full ownership of the property and protects against any title defects arising from the past. The seller guarantees to defend the buyer against any future claims to the property's title. 2. Special Warranty Deed: Also known as a limited warranty deed, this type of warranty deed offers a more limited level of protection compared to a general warranty deed. It only guarantees that the seller did not cause any title defects during their ownership of the property. Special warranty deeds do not provide protection against any defects that may have existed before the seller's ownership. When preparing an Orlando Florida warranty deed from individual to individual, it is crucial to include key information such as the seller's and buyer's full names and addresses, a detailed legal description of the property, and the purchase price or consideration. Additionally, it should contain the granter's statement of conveyance, affirming their intent to transfer ownership, and any relevant clauses or provisions specific to the transaction. The keywords that can be used in the description are: Orlando Florida, warranty deed, individual to individual, real estate transaction, ownership transfer, encumbrances, claims, title defects, covenants, promises, general warranty deed, special warranty deed, limited warranty deed, legal description, purchase price, consideration, conveyance, buyer, seller, title protection.
