This form is a Special Warranty Deed where the Grantors are Husband and Wife and the Grantees are two individuals. Grantors convey and specially warrant the described property to the grantees. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. The Grantees take the property as tenants in common or as joint tenants with the right of survivorship. This deed complies with all state statutory laws.
A Special Warranty Deed, also known as a Limited Warranty Deed, is a legal document used in real estate transactions to transfer ownership of property from a married couple (Husband and Wife) to two individuals in Hollywood, Florida. This type of deed offers limited protection to the new owners against any potential claims or defects that may arise during the time the property was under the ownership of the couple. In Hollywood, Florida, there are a few variations of the Special Warranty Deed — Husband and Wife to Two Individuals that are worth mentioning: 1. Hollywood Florida Special Warranty Deed — Husband and Wife to Two Individuals with Survivorship Rights: This type of deed ensures that if one owner passes away, their share of the property automatically transfers to the surviving owner(s) by right of survivorship. It offers greater security and avoids the need for probate. 2. Hollywood Florida Special Warranty Deed — Husband and Wife to Two Individuals as Tenants in Common: This variation allows the two individuals to own the property as tenants in common, meaning they each hold a distinct share of the property. If one owner passes away, their share would not automatically transfer to the other owner(s), but instead become part of their estate to distribute according to their will or applicable laws. 3. Hollywood Florida Special Warranty Deed — Husband and Wife to Two Individuals as Joint Tenants with Rights of Survivorship: Similar to the first type mentioned, this deed also includes survivorship rights. However, it provides for an equal undivided interest in the property, meaning the ownership is shared equally between the parties. If one owner passes away, their share transfers automatically to the surviving owner(s). It is important to consult with a qualified real estate attorney or legal professional to ensure the appropriate type of Special Warranty Deed is used for a specific situation.A Special Warranty Deed, also known as a Limited Warranty Deed, is a legal document used in real estate transactions to transfer ownership of property from a married couple (Husband and Wife) to two individuals in Hollywood, Florida. This type of deed offers limited protection to the new owners against any potential claims or defects that may arise during the time the property was under the ownership of the couple. In Hollywood, Florida, there are a few variations of the Special Warranty Deed — Husband and Wife to Two Individuals that are worth mentioning: 1. Hollywood Florida Special Warranty Deed — Husband and Wife to Two Individuals with Survivorship Rights: This type of deed ensures that if one owner passes away, their share of the property automatically transfers to the surviving owner(s) by right of survivorship. It offers greater security and avoids the need for probate. 2. Hollywood Florida Special Warranty Deed — Husband and Wife to Two Individuals as Tenants in Common: This variation allows the two individuals to own the property as tenants in common, meaning they each hold a distinct share of the property. If one owner passes away, their share would not automatically transfer to the other owner(s), but instead become part of their estate to distribute according to their will or applicable laws. 3. Hollywood Florida Special Warranty Deed — Husband and Wife to Two Individuals as Joint Tenants with Rights of Survivorship: Similar to the first type mentioned, this deed also includes survivorship rights. However, it provides for an equal undivided interest in the property, meaning the ownership is shared equally between the parties. If one owner passes away, their share transfers automatically to the surviving owner(s). It is important to consult with a qualified real estate attorney or legal professional to ensure the appropriate type of Special Warranty Deed is used for a specific situation.
