This form is a Special Warranty Deed for a Timeshare where the Grantors are husband and wife, or two individuals, and the Grantees are three individuals. Grantors convey and specially warrant the described property to the Grantees. Grantees take the property as tenants in common or joint tenants with the right of survivorship. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.
A special warranty deed is a legal document used to transfer ownership of real estate, specifically a timeshare property, in Hillsborough, Florida. This type of deed is commonly used when a husband and wife or two individuals wish to transfer their ownership interests to three individuals. It offers certain limited warranties to the grantee (the person receiving the property) from the granter (the person transferring the property). In Hillsborough, Florida, there are two types of special warranty deeds for a timeshare involving a transfer from a husband and wife or two individuals to three individuals: the General Special Warranty Deed and the Limited Special Warranty Deed. 1. General Special Warranty Deed: This type of deed assures the grantee that the property has not been encumbered or burdened during the granter's period of ownership, except for any limitations or encumbrances that are specifically mentioned in the deed. It guarantees that the granter will defend the title against any lawful claims made by others during their ownership. 2. Limited Special Warranty Deed: Similar to the general special warranty deed, this type of deed also guarantees that the granter has not encumbered the property, except for any stated limitations or encumbrances. However, unlike the general special warranty deed, it limits the granter's warranty to only the time period they have owned the property, rather than extending back to previous owners. When utilizing these special warranty deeds for a timeshare transfer in Hillsborough, Florida, certain important details must be included. These include: Granteror Information: The names and addresses of the husband and wife or two individuals who are transferring their ownership interests. — Grantee Information: The names and addresses of the three individuals who will be receiving the ownership interests. — Legal Description: Accurate and detailed legal description of the timeshare property being transferred. This includes the physical address, unit number, and any applicable lot or block numbers. — Consideration: The amount of money or other valuable consideration given in exchange for the transfer of the timeshare property. — Witness and Notary: The special warranty deed must be signed and acknowledged by the granter(s) in the presence of at least two witnesses, and notarized to make it legally valid. It is crucial to consult with a qualified real estate attorney or professional specializing in timeshare transfers in Hillsborough, Florida, to ensure that all legal requirements are met and that the special warranty deed accurately reflects the intentions of the parties involved.A special warranty deed is a legal document used to transfer ownership of real estate, specifically a timeshare property, in Hillsborough, Florida. This type of deed is commonly used when a husband and wife or two individuals wish to transfer their ownership interests to three individuals. It offers certain limited warranties to the grantee (the person receiving the property) from the granter (the person transferring the property). In Hillsborough, Florida, there are two types of special warranty deeds for a timeshare involving a transfer from a husband and wife or two individuals to three individuals: the General Special Warranty Deed and the Limited Special Warranty Deed. 1. General Special Warranty Deed: This type of deed assures the grantee that the property has not been encumbered or burdened during the granter's period of ownership, except for any limitations or encumbrances that are specifically mentioned in the deed. It guarantees that the granter will defend the title against any lawful claims made by others during their ownership. 2. Limited Special Warranty Deed: Similar to the general special warranty deed, this type of deed also guarantees that the granter has not encumbered the property, except for any stated limitations or encumbrances. However, unlike the general special warranty deed, it limits the granter's warranty to only the time period they have owned the property, rather than extending back to previous owners. When utilizing these special warranty deeds for a timeshare transfer in Hillsborough, Florida, certain important details must be included. These include: Granteror Information: The names and addresses of the husband and wife or two individuals who are transferring their ownership interests. — Grantee Information: The names and addresses of the three individuals who will be receiving the ownership interests. — Legal Description: Accurate and detailed legal description of the timeshare property being transferred. This includes the physical address, unit number, and any applicable lot or block numbers. — Consideration: The amount of money or other valuable consideration given in exchange for the transfer of the timeshare property. — Witness and Notary: The special warranty deed must be signed and acknowledged by the granter(s) in the presence of at least two witnesses, and notarized to make it legally valid. It is crucial to consult with a qualified real estate attorney or professional specializing in timeshare transfers in Hillsborough, Florida, to ensure that all legal requirements are met and that the special warranty deed accurately reflects the intentions of the parties involved.