This form is a Special Warranty Deed where the Grantor is in individual and the Grantee is an individual. Grantor conveys and specially warrants the described property to the grantee. The Grantor will only warrant and will only defend the property as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A Cape Coral Florida Special Warranty Deed from Individual to Individual is a legal document that transfers ownership of real estate property located in Cape Coral, Florida, from one individual to another. This type of deed offers limited protection to the buyer, specifically related to the title issues that could arise during the seller's ownership of the property. Unlike a General Warranty Deed that provides the highest level of protection, a Special Warranty Deed guarantees that the seller will defend the title only against any claims or encumbrances that occurred during their tenure as the property owner. This means that the seller is not responsible for any potential title problems that existed before they acquired the property. The Cape Coral Florida Special Warranty Deed from Individual to Individual serves as proof of the transfer of ownership and includes essential details like the names of both parties involved, the legal description of the property, the purchase price, and any relevant terms and conditions. It is typically prepared by a real estate attorney or professional and requires the signature of both the seller and the buyer in the presence of a notary public. Different variations or terms used for Special Warranty Deeds in Cape Coral, Florida include: 1. Limited Warranty Deed: This variation offers similar protection to the buyer; however, the seller's liability is limited to issues that arise during their ownership and excludes problems caused by prior owners. 2. Bargain and Sale Deed: This type of deed is commonly used in Cape Coral, Florida, and implies that the seller holds the title to the property but makes no explicit warranty against any claims or encumbrances. It essentially transfers the property "as-is" to the buyer. 3. Quitclaim Deed: While not strictly a Special Warranty Deed, a Quitclaim Deed is occasionally used in Cape Coral, Florida, for transfers from one individual to another. This type of deed operates on the principle that the seller "quits" or gives up any claim they may have on the property without making any warranties. It provides the least amount of protection to the buyer. When engaging in a real estate transaction in Cape Coral, Florida, it is crucial for both parties to thoroughly review and understand the specific terms mentioned in the Special Warranty Deed. Consulting with a real estate attorney can ensure the buyer's best interests are protected and that there are no lingering title issues that may arise in the future.A Cape Coral Florida Special Warranty Deed from Individual to Individual is a legal document that transfers ownership of real estate property located in Cape Coral, Florida, from one individual to another. This type of deed offers limited protection to the buyer, specifically related to the title issues that could arise during the seller's ownership of the property. Unlike a General Warranty Deed that provides the highest level of protection, a Special Warranty Deed guarantees that the seller will defend the title only against any claims or encumbrances that occurred during their tenure as the property owner. This means that the seller is not responsible for any potential title problems that existed before they acquired the property. The Cape Coral Florida Special Warranty Deed from Individual to Individual serves as proof of the transfer of ownership and includes essential details like the names of both parties involved, the legal description of the property, the purchase price, and any relevant terms and conditions. It is typically prepared by a real estate attorney or professional and requires the signature of both the seller and the buyer in the presence of a notary public. Different variations or terms used for Special Warranty Deeds in Cape Coral, Florida include: 1. Limited Warranty Deed: This variation offers similar protection to the buyer; however, the seller's liability is limited to issues that arise during their ownership and excludes problems caused by prior owners. 2. Bargain and Sale Deed: This type of deed is commonly used in Cape Coral, Florida, and implies that the seller holds the title to the property but makes no explicit warranty against any claims or encumbrances. It essentially transfers the property "as-is" to the buyer. 3. Quitclaim Deed: While not strictly a Special Warranty Deed, a Quitclaim Deed is occasionally used in Cape Coral, Florida, for transfers from one individual to another. This type of deed operates on the principle that the seller "quits" or gives up any claim they may have on the property without making any warranties. It provides the least amount of protection to the buyer. When engaging in a real estate transaction in Cape Coral, Florida, it is crucial for both parties to thoroughly review and understand the specific terms mentioned in the Special Warranty Deed. Consulting with a real estate attorney can ensure the buyer's best interests are protected and that there are no lingering title issues that may arise in the future.