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.
Miami-Dade Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals In Miami-Dade County, Florida, a Special Warranty Deed is a legally binding document used when transferring ownership of a timeshare property from a married couple or two individuals to three individuals. This specific type of deed ensures that the property's title is transferred with certain limited guarantees, protecting the buyer's interests to a certain extent. A Special Warranty Deed for a timeshare in Miami-Dade County requires specific information to be included in the document. The following keywords can be used to describe the content and different types of special warranty deeds for this situation: 1. Granters: The Granters section should clearly state the names of the husband and wife or two individuals who are currently the owners of the timeshare property. Their contact information, including address, phone number, and email, should also be mentioned for identification purposes. 2. Grantees: The Grantees section should state the names of the three individuals who are assuming ownership of the timeshare property. Just like the Granters, their contact information should be included for identification purposes. 3. Property Details: This section provides a detailed description of the timeshare property being transferred. It includes the legal description of the property, such as the unit number, building name, and any distinguishing features. The timeshare resort's name, address, and other relevant details should also be mentioned. 4. Warranty: The Special Warranty Deed guarantees that the Granters have the legal right to transfer the property to the Grantees and that they will defend against any claims made against the property during their ownership period. However, this warranty is limited to any defects or claims arising only during the time when the Granters owned it. It does not cover any previous defects or claims. 5. Consideration: This section states the amount or value given by the Grantees to the Granters in exchange for the transfer of the timeshare property. It can also mention any other conditions or promises made in conjunction with the transfer. 6. Signatures and Notarization: Both the Granters and Grantees must sign the Special Warranty Deed in front of a licensed notary public. This notary public will validate the signatures and verify the identities of the parties involved. Additionally, there may be variations of the Miami-Dade Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals based on specific circumstances. For example: 1. Special Warranty Deed with Survivorship: This type of Special Warranty Deed ensures that if one of the Grantees passes away, their ownership automatically transfers to the surviving Grantees. 2. Special Warranty Deed with Specific Time Restrictions: In certain cases, the Special Warranty Deed may include specific time restrictions, indicating the duration or period of ownership for each individual Grantee. 3. Special Warranty Deed with Financial Obligations: If the transfer of the timeshare property involves additional financial obligations, such as outstanding debts or dues owed to the timeshare resort, this information should be clearly outlined in the deed. Remember, it's crucial to consult with a qualified attorney or real estate professional specializing in timeshare transactions to ensure the accuracy and legality of your Miami-Dade Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals.Miami-Dade Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals In Miami-Dade County, Florida, a Special Warranty Deed is a legally binding document used when transferring ownership of a timeshare property from a married couple or two individuals to three individuals. This specific type of deed ensures that the property's title is transferred with certain limited guarantees, protecting the buyer's interests to a certain extent. A Special Warranty Deed for a timeshare in Miami-Dade County requires specific information to be included in the document. The following keywords can be used to describe the content and different types of special warranty deeds for this situation: 1. Granters: The Granters section should clearly state the names of the husband and wife or two individuals who are currently the owners of the timeshare property. Their contact information, including address, phone number, and email, should also be mentioned for identification purposes. 2. Grantees: The Grantees section should state the names of the three individuals who are assuming ownership of the timeshare property. Just like the Granters, their contact information should be included for identification purposes. 3. Property Details: This section provides a detailed description of the timeshare property being transferred. It includes the legal description of the property, such as the unit number, building name, and any distinguishing features. The timeshare resort's name, address, and other relevant details should also be mentioned. 4. Warranty: The Special Warranty Deed guarantees that the Granters have the legal right to transfer the property to the Grantees and that they will defend against any claims made against the property during their ownership period. However, this warranty is limited to any defects or claims arising only during the time when the Granters owned it. It does not cover any previous defects or claims. 5. Consideration: This section states the amount or value given by the Grantees to the Granters in exchange for the transfer of the timeshare property. It can also mention any other conditions or promises made in conjunction with the transfer. 6. Signatures and Notarization: Both the Granters and Grantees must sign the Special Warranty Deed in front of a licensed notary public. This notary public will validate the signatures and verify the identities of the parties involved. Additionally, there may be variations of the Miami-Dade Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals based on specific circumstances. For example: 1. Special Warranty Deed with Survivorship: This type of Special Warranty Deed ensures that if one of the Grantees passes away, their ownership automatically transfers to the surviving Grantees. 2. Special Warranty Deed with Specific Time Restrictions: In certain cases, the Special Warranty Deed may include specific time restrictions, indicating the duration or period of ownership for each individual Grantee. 3. Special Warranty Deed with Financial Obligations: If the transfer of the timeshare property involves additional financial obligations, such as outstanding debts or dues owed to the timeshare resort, this information should be clearly outlined in the deed. Remember, it's crucial to consult with a qualified attorney or real estate professional specializing in timeshare transactions to ensure the accuracy and legality of your Miami-Dade Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals.