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 Lakeland Florida Special Warranty Deed — Husband and Wife to Two Individuals is a legal document that transfers ownership of real estate property in Lakeland, Florida from a married couple to two individuals. This type of deed ensures that the property has not been encumbered during the time the couple held the ownership, except for any specifically mentioned limitations in the deed. In a Special Warranty Deed, the husband and wife granters protect the new owners, also known as grantees, against any potential defects or issues that may have occurred during their ownership. This means that they are only guaranteeing the title against any claims, liens, or encumbrances that may have arisen during their ownership period. The Special Warranty Deed — Husband and Wife to Two Individuals is commonly used for various purposes, such as: 1. Property Distribution: When a couple intends to divide their property rights among two individuals, such as children, siblings, or close friends. 2. Estate Planning: As part of an estate plan, a husband and wife might transfer a property to two individuals to ensure smooth transfer of ownership in the future. 3. Joint Investments: A married couple might sell or transfer a property to two individuals for joint investment purposes. It is essential to note that there may be additional variations of the Lakeland Florida Special Warranty Deed — Husband and Wife to Two Individuals based on specific circumstances. For example: 1. Joint Tenancy: The deed may specify that the ownership will be held as joint tenants, meaning that if one of the owners passes away, their share automatically transfers to the surviving owner. 2. Tenants in Common: Alternately, the deed may establish a tenancy in common, where each owner holds a distinct share of the property, which can be further divided, sold, or transferred without the consent of other owners. 3. Conditions or Restrictions: The deed might include specific conditions or restrictions on the usage or allocation of the property. Overall, a Lakeland Florida Special Warranty Deed — Husband and Wife to Two Individuals is a legally significant document that facilitates the transfer of property ownership from a married couple to two individuals in a way that protects the grantee's interests against any potential flaws in the title.A Lakeland Florida Special Warranty Deed — Husband and Wife to Two Individuals is a legal document that transfers ownership of real estate property in Lakeland, Florida from a married couple to two individuals. This type of deed ensures that the property has not been encumbered during the time the couple held the ownership, except for any specifically mentioned limitations in the deed. In a Special Warranty Deed, the husband and wife granters protect the new owners, also known as grantees, against any potential defects or issues that may have occurred during their ownership. This means that they are only guaranteeing the title against any claims, liens, or encumbrances that may have arisen during their ownership period. The Special Warranty Deed — Husband and Wife to Two Individuals is commonly used for various purposes, such as: 1. Property Distribution: When a couple intends to divide their property rights among two individuals, such as children, siblings, or close friends. 2. Estate Planning: As part of an estate plan, a husband and wife might transfer a property to two individuals to ensure smooth transfer of ownership in the future. 3. Joint Investments: A married couple might sell or transfer a property to two individuals for joint investment purposes. It is essential to note that there may be additional variations of the Lakeland Florida Special Warranty Deed — Husband and Wife to Two Individuals based on specific circumstances. For example: 1. Joint Tenancy: The deed may specify that the ownership will be held as joint tenants, meaning that if one of the owners passes away, their share automatically transfers to the surviving owner. 2. Tenants in Common: Alternately, the deed may establish a tenancy in common, where each owner holds a distinct share of the property, which can be further divided, sold, or transferred without the consent of other owners. 3. Conditions or Restrictions: The deed might include specific conditions or restrictions on the usage or allocation of the property. Overall, a Lakeland Florida Special Warranty Deed — Husband and Wife to Two Individuals is a legally significant document that facilitates the transfer of property ownership from a married couple to two individuals in a way that protects the grantee's interests against any potential flaws in the title.
