This form is a Warranty Deed where the Grantors are three individuals and the Grantee are two individuals. Grantors convey and warrant the described property to Grantees. This deed complies with all state statutory laws.
A West Palm Beach Florida Warranty Deed from Three Individuals to Two Individuals is a legal document that transfers ownership of real property from three individuals to two individuals, ensuring that the property is free from any claims or defects. This type of deed provides a guarantee or warranty that the property is being conveyed with a clear title. In West Palm Beach, Florida, there are different types of warranty deeds depending on specific circumstances, such as: 1. General Warranty Deed: This is the most common type of warranty deed and provides the highest level of protection to the new owners. It guarantees that the property is free from any encumbrances, such as liens, mortgages, or claims, occurring at any time in the past. The three individuals transferring the property will be jointly and severally liable for any defects in the title. 2. Limited Warranty Deed: This type of warranty deed is similar to a general warranty deed but limits the warranty to only problems arising during the time the three individuals owned the property. Any encumbrances occurring before their ownership period will not be covered. The two individuals receiving the property will have protection against claims arising from the three individuals' ownership period only. 3. Special Warranty Deed: In this type of warranty deed, the three individuals transferring the property guarantee that they have not caused any defects in the title during their ownership period. It covers claims arising from actions or omissions by the three individuals but does not cover any defects that may have existed before they acquired the property. The two individuals receiving the property will have protection against claims arising from the actions or omissions of the three individuals. Overall, a West Palm Beach Florida Warranty Deed from Three Individuals to Two Individuals ensures a seamless and legally binding transfer of ownership, protecting the new owners from any potential title issues or claims. It provides peace of mind for both parties involved and establishes a clear record of ownership for the property.A West Palm Beach Florida Warranty Deed from Three Individuals to Two Individuals is a legal document that transfers ownership of real property from three individuals to two individuals, ensuring that the property is free from any claims or defects. This type of deed provides a guarantee or warranty that the property is being conveyed with a clear title. In West Palm Beach, Florida, there are different types of warranty deeds depending on specific circumstances, such as: 1. General Warranty Deed: This is the most common type of warranty deed and provides the highest level of protection to the new owners. It guarantees that the property is free from any encumbrances, such as liens, mortgages, or claims, occurring at any time in the past. The three individuals transferring the property will be jointly and severally liable for any defects in the title. 2. Limited Warranty Deed: This type of warranty deed is similar to a general warranty deed but limits the warranty to only problems arising during the time the three individuals owned the property. Any encumbrances occurring before their ownership period will not be covered. The two individuals receiving the property will have protection against claims arising from the three individuals' ownership period only. 3. Special Warranty Deed: In this type of warranty deed, the three individuals transferring the property guarantee that they have not caused any defects in the title during their ownership period. It covers claims arising from actions or omissions by the three individuals but does not cover any defects that may have existed before they acquired the property. The two individuals receiving the property will have protection against claims arising from the actions or omissions of the three individuals. Overall, a West Palm Beach Florida Warranty Deed from Three Individuals to Two Individuals ensures a seamless and legally binding transfer of ownership, protecting the new owners from any potential title issues or claims. It provides peace of mind for both parties involved and establishes a clear record of ownership for the property.