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 Pembroke Pines Florida Special Warranty Deed from Individual to Individual is a legal document used to transfer property ownership from one individual to another within the boundaries of Pembroke Pines, Florida. This document ensures that the seller, also known as the granter, guarantees the title to the property, but only for the period during which they owned it. A special warranty deed is distinct from a general warranty deed, as it provides a more limited warranty. While a general warranty deed guarantees the property title throughout its entire history, a special warranty deed only guarantees the title during the granter's ownership. This means that any defects or claims that occurred prior to the granter's ownership are not covered. The purpose of a special warranty deed is to protect the buyer, also known as the grantee, against any claims or issues that may arise during the granter's ownership period. It assures the grantee that the granter has not created any encumbrances, liens, or other defects on the property except those specifically disclosed in the deed. There might be variations or different types of Pembroke Pines Florida Special Warranty Deeds from Individual to Individual, depending on specific circumstances or additional provisions included in the document. Some of these variations may include: 1. Joint Tenants with Rights of Survivorship (TWOS): — This type of special warranty deed allows multiple individuals to own the property together. In case of the death of one tenant, their ownership automatically transfers to the surviving tenants, bypassing the probate process. 2. Tenants in Common (TIC): — In a TIC special warranty deed, two or more individuals own undivided shares of the property. Each person has the right to transfer or sell their portion without affecting the others. In this scenario, if one tenant passes away, their share is typically transferred according to their will or estate plan. 3. Life Estate Special Warranty Deed: — This type of special warranty deed grants ownership of the property to an individual, known as the life tenant, for the duration of their lifetime. After the life tenant's death, the property transfers to a designated individual, known as the remainder man. When dealing with a Pembroke Pines Florida Special Warranty Deed from Individual to Individual, it is crucial to consult with a qualified real estate attorney or title company to ensure all legal requirements are met and any potential issues are addressed or disclosed within the document.A Pembroke Pines Florida Special Warranty Deed from Individual to Individual is a legal document used to transfer property ownership from one individual to another within the boundaries of Pembroke Pines, Florida. This document ensures that the seller, also known as the granter, guarantees the title to the property, but only for the period during which they owned it. A special warranty deed is distinct from a general warranty deed, as it provides a more limited warranty. While a general warranty deed guarantees the property title throughout its entire history, a special warranty deed only guarantees the title during the granter's ownership. This means that any defects or claims that occurred prior to the granter's ownership are not covered. The purpose of a special warranty deed is to protect the buyer, also known as the grantee, against any claims or issues that may arise during the granter's ownership period. It assures the grantee that the granter has not created any encumbrances, liens, or other defects on the property except those specifically disclosed in the deed. There might be variations or different types of Pembroke Pines Florida Special Warranty Deeds from Individual to Individual, depending on specific circumstances or additional provisions included in the document. Some of these variations may include: 1. Joint Tenants with Rights of Survivorship (TWOS): — This type of special warranty deed allows multiple individuals to own the property together. In case of the death of one tenant, their ownership automatically transfers to the surviving tenants, bypassing the probate process. 2. Tenants in Common (TIC): — In a TIC special warranty deed, two or more individuals own undivided shares of the property. Each person has the right to transfer or sell their portion without affecting the others. In this scenario, if one tenant passes away, their share is typically transferred according to their will or estate plan. 3. Life Estate Special Warranty Deed: — This type of special warranty deed grants ownership of the property to an individual, known as the life tenant, for the duration of their lifetime. After the life tenant's death, the property transfers to a designated individual, known as the remainder man. When dealing with a Pembroke Pines Florida Special Warranty Deed from Individual to Individual, it is crucial to consult with a qualified real estate attorney or title company to ensure all legal requirements are met and any potential issues are addressed or disclosed within the document.