This form is a Special Warranty Deed where the Grantor is an individual and the Grantees are husband and wife. Grantor conveys and specially warrants the described property to the Grantees. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A Fort Lauderdale Florida Special Warranty Deed from an Individual to Two Individuals / Husband and Wife is a legal document that transfers ownership of a property from one person (the granter) to a married couple (the grantees) in the area of Fort Lauderdale, Florida. This type of deed provides a limited warranty of title, with the granter warranting that they have not adversely affected the title to the property during their ownership. It is commonly used in real estate transactions to protect buyers' interests. There are a few different variations of special warranty deeds in Fort Lauderdale: 1. Special Warranty Deed with Joint Tenancy: This type of deed creates a joint tenancy ownership between the husband and wife. Joint tenants have an equal right to possess and use the property and, in the event of the death of one spouse, the surviving spouse automatically acquires the deceased spouse's share. 2. Special Warranty Deed with Tenancy by the Entirety: This deed establishes tenancy by the entirety, which is a form of joint ownership exclusive to married couples. It provides certain protections and benefits, such as creditor protection and the right of survivorship. In this arrangement, both spouses become the sole owners of the property, and if one spouse passes away, the surviving spouse automatically inherits the entire property. 3. Special Warranty Deed with Tenants in Common: This type of deed allows the husband and wife to hold the property as tenants in common. Unlike joint tenancy, tenants in common can have unequal shares of ownership. Each spouse has a distinct share of the property, which they can sell, transfer, or will to their chosen beneficiaries. When preparing a Fort Lauderdale Florida Special Warranty Deed from an Individual to Two Individuals / Husband and Wife, it is crucial to include vital details such as the full legal names of the granter and grantees, the property's full description, the deed's purpose, and the terms of the transfer. It is advisable to consult with a real estate attorney to ensure all legal requirements are met and to protect the interests of both parties involved.A Fort Lauderdale Florida Special Warranty Deed from an Individual to Two Individuals / Husband and Wife is a legal document that transfers ownership of a property from one person (the granter) to a married couple (the grantees) in the area of Fort Lauderdale, Florida. This type of deed provides a limited warranty of title, with the granter warranting that they have not adversely affected the title to the property during their ownership. It is commonly used in real estate transactions to protect buyers' interests. There are a few different variations of special warranty deeds in Fort Lauderdale: 1. Special Warranty Deed with Joint Tenancy: This type of deed creates a joint tenancy ownership between the husband and wife. Joint tenants have an equal right to possess and use the property and, in the event of the death of one spouse, the surviving spouse automatically acquires the deceased spouse's share. 2. Special Warranty Deed with Tenancy by the Entirety: This deed establishes tenancy by the entirety, which is a form of joint ownership exclusive to married couples. It provides certain protections and benefits, such as creditor protection and the right of survivorship. In this arrangement, both spouses become the sole owners of the property, and if one spouse passes away, the surviving spouse automatically inherits the entire property. 3. Special Warranty Deed with Tenants in Common: This type of deed allows the husband and wife to hold the property as tenants in common. Unlike joint tenancy, tenants in common can have unequal shares of ownership. Each spouse has a distinct share of the property, which they can sell, transfer, or will to their chosen beneficiaries. When preparing a Fort Lauderdale Florida Special Warranty Deed from an Individual to Two Individuals / Husband and Wife, it is crucial to include vital details such as the full legal names of the granter and grantees, the property's full description, the deed's purpose, and the terms of the transfer. It is advisable to consult with a real estate attorney to ensure all legal requirements are met and to protect the interests of both parties involved.