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Florida Special Warranty Deed from Individual to Individual

Hialeah Florida Special Warranty Deed from Individual to Individual

Name: Hialeah Florida Special Warranty Deed from Individual to Individual
Brand: US Legal Forms
Rating: 4.88 (346 reviews)

Category:

Florida Real Estate - Deeds - Warranty

State:

Florida

City:

Hialeah

Control #:

FL-057-77

Format:

Instant download

Description

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.

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FAQ

In Florida, a special warranty deed transfers title in fee simple to the grantee with warranties and covenants of title that are limited to only the acts of the grantor or that result from the acts of the grantor. A special warranty deed is a form of deed customarily used in commercial real property transactions.

A warranty deed is different than a regular quitclaim deed. A quitclaim deed includes no warranty of good and marketable title. A warranty deed includes five warranties of title. If a buyer discovers an issue with the property title, they may have a legal claim against the title insurance company.

When you transfer title and ownership of real estate in Florida, you sign a deed conveying or transferring the property to the new owner. In most real estate closings, the seller is responsible for providing the deed that is signed at closing.

The answer is yes. Parties to a transaction are always free to prepare their own deeds. If you do so, be sure your deed measures up to your state's legal regulations, to help avert any legal challenge to the deed later.

The deed must be in writing; The deed must be signed by the transferor (the current owner) of the property or his or her duly authorized agent or representative; The deed must be signed in the presence of two witnesses, each of whom must also sign the deed.

Filing a Deed in Florida The comptroller's office charges a small fee for the deed's filing in the form of a documentary stamp tax, levied at 70 cents per $100 of the sale or transfer amount. There will also be a $10 fee for the first page of the document and $8.50 for each additional page.

While the seller in a Warranty Deed must defend the title against all other claims and compensate the buyer for any unsettled debts or damages, the seller in a Special Warranty Deed is only responsible for debts and problems accrued or caused during his ownership of the property.

General Warranty Deed (Statutory Warranty Deed) When you need it: Because of its comprehensive protections, the statutory warranty deed in Florida is the most common deed type and used in the sale or purchase of almost all residential properties.

A statutory warranty deed is different from a warranty deed because it is a shorter form made available through your state's statutes and it may not outright list the promise that the title is guaranteed to be clear. Instead, because it is a statutory form, this guarantee is implied and is still legally enforceable.

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Tenants in Common Florida. Our Pensacola lawyers help businesses and individuals with their legal needs.The Office of the Property Appraiser reviews all ownership changes, properly recorded in the Clerk of Courts Recorder's Office. Ordinances require two separate readings. The Applicant must justify any special requests for special exception uses or variances. For the sale of real estate, a warranty deed is more common. Fill out Application for new license or changes to an existing license. Mazda b2200 for sale in florida. Click here for Your Personal Concierge to get in touch directly to share any concerns or feedback. Fill out the form below and we'll contact you shortly.

Hialeah Florida Special Warranty Deed from Individual to Individual

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FAQ

Does Florida have a special warranty deed?

Is a warranty deed the same as a deed in Florida?

How do I transfer property from one person to another in Florida?

Can I prepare my own warranty deed in Florida?

How do I transfer a warranty deed in Florida?

How much does it cost to transfer a deed in Florida?

What is the difference between a warranty deed and special warranty deed in Florida?

What type of deed is most commonly used in Florida?

What is the difference between statutory warranty deed and special warranty deed in Florida?

What is a special warranty deed used for in Florida?

Interesting Questions

What is a Special Warranty Deed?

What makes a Special Warranty Deed different from a General Warranty Deed?

Why would someone use a Special Warranty Deed instead of a General Warranty Deed?

Is a Special Warranty Deed sufficient to prove ownership of a property?

Does a Special Warranty Deed protect the new owner from all potential problems with the property's title?

Can a Special Warranty Deed be used for commercial properties as well?

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