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 Jacksonville Florida Special Warranty Deed from Individual to Individual is a legal document that facilitates the transfer of ownership of a property from one individual to another in the city of Jacksonville, Florida. The deed serves as evidence of the transaction, ensuring that the new owner has clear and marketable title to the property. The term "Special Warranty Deed" indicates that the transferor, or seller, provides a limited warranty or guarantee to the buyer. This warranty ensures that the seller has not incurred any title defects or encumbrances on the property during their period of ownership. Unlike a General Warranty Deed, which provides a broader warranty covering the entire history of the property, a Special Warranty Deed only guarantees against defects or encumbrances arising during the ownership of the seller. However, it is important to note that the Special Warranty Deed does not provide any guarantee against defects that existed before the seller acquired the property. Therefore, the buyer should conduct a thorough title search and obtain title insurance to protect themselves against any potential pre-existing issues. There are several subtypes or variations of the Jacksonville Florida Special Warranty Deed from Individual to Individual, depending on specific circumstances or contingencies. These may include: 1. Special Warranty Deed with Right of Survivorship: This type of deed is commonly used when property is transferred between spouses or family members. It ensures that if one party passes away, their share of the property automatically passes to the surviving owner(s) without the need for probate. 2. Special Warranty Deed with Reservation of Minerals: In some cases, the seller may choose to reserve the rights to any mineral or oil rights associated with the property being transferred. This deed variation allows the seller to retain ownership of these valuable resources, while still transferring the surface rights to the buyer. 3. Special Warranty Deed subject to Liens: In situations where the property being transferred has outstanding liens, the deed may include a clause stipulating that the buyer assumes responsibility for these liens. This provision ensures that the buyer is aware of and agrees to take on any existing financial obligations associated with the property. In summary, the Jacksonville Florida Special Warranty Deed from Individual to Individual is a legal document that ensures a smooth transfer of property ownership in the city. It provides a limited warranty against defects or encumbrances arising during the seller's ownership and may have different variations depending on specific circumstances or contingencies. It is advisable for both parties involved to consult with legal professionals and conduct thorough due diligence before entering into such a transaction.A Jacksonville Florida Special Warranty Deed from Individual to Individual is a legal document that facilitates the transfer of ownership of a property from one individual to another in the city of Jacksonville, Florida. The deed serves as evidence of the transaction, ensuring that the new owner has clear and marketable title to the property. The term "Special Warranty Deed" indicates that the transferor, or seller, provides a limited warranty or guarantee to the buyer. This warranty ensures that the seller has not incurred any title defects or encumbrances on the property during their period of ownership. Unlike a General Warranty Deed, which provides a broader warranty covering the entire history of the property, a Special Warranty Deed only guarantees against defects or encumbrances arising during the ownership of the seller. However, it is important to note that the Special Warranty Deed does not provide any guarantee against defects that existed before the seller acquired the property. Therefore, the buyer should conduct a thorough title search and obtain title insurance to protect themselves against any potential pre-existing issues. There are several subtypes or variations of the Jacksonville Florida Special Warranty Deed from Individual to Individual, depending on specific circumstances or contingencies. These may include: 1. Special Warranty Deed with Right of Survivorship: This type of deed is commonly used when property is transferred between spouses or family members. It ensures that if one party passes away, their share of the property automatically passes to the surviving owner(s) without the need for probate. 2. Special Warranty Deed with Reservation of Minerals: In some cases, the seller may choose to reserve the rights to any mineral or oil rights associated with the property being transferred. This deed variation allows the seller to retain ownership of these valuable resources, while still transferring the surface rights to the buyer. 3. Special Warranty Deed subject to Liens: In situations where the property being transferred has outstanding liens, the deed may include a clause stipulating that the buyer assumes responsibility for these liens. This provision ensures that the buyer is aware of and agrees to take on any existing financial obligations associated with the property. In summary, the Jacksonville Florida Special Warranty Deed from Individual to Individual is a legal document that ensures a smooth transfer of property ownership in the city. It provides a limited warranty against defects or encumbrances arising during the seller's ownership and may have different variations depending on specific circumstances or contingencies. It is advisable for both parties involved to consult with legal professionals and conduct thorough due diligence before entering into such a transaction.
