What is a trustees deed in Florida?

A trustee deed conveys ownership of real estate that is being held in trust. The trustee's deed refers to the person who is making the conveyance.

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Florida Warranty Deed from two Individuals to Trust (Two Co-Trustees)

Tampa Florida Warranty Deed from two Individuals to Trust (Two Co-Trustees)

Name: Tampa Florida Warranty Deed from two Individuals to Trust (Two Co-Trustees)
Brand: US Legal Forms
Rating: 4.79 (447 reviews)

Category:

Florida Real Estate - Deeds - Warranty

State:

Florida

City:

Tampa

Control #:

FL-SDEED-8-16

Format:

Instant download

Description

This form is a Warranty Deed where the grantors are two individuals and the grantee is a trust.

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FAQ

A trustee deed?sometimes called a deed of trust or a trust deed?is a legal document created when someone purchases real estate in a trust deed state, such as California (check your local laws to see what is required in your state). A trust deed is used in place of a mortgage.

The difference between a deed and a deed of trust is the type of ownership interest each document conveys. A deed is a full ownership interest. A deed of trust is a security interest.

A legal document (which may be a deed or other instrument) that creates a trust. The trust document appoints the trustees and states the terms of the trust, including who the beneficiaries are and the trust property that will be subject to the trust.

Does Florida require witnesses for a warranty deed? Yes, Florida requires a warranty deed to be witnessed by two people pursuant to section 689.01 of the Florida statutes. Only the grantor (current owner) needs to sign the warranty deed. A notary seal is required to record the deed.

Trustees use this form for a trustee to transfer real estate out of a Florida living trust or land trust, or in a foreclosure situation. It meets the same content requirements as a standard warranty or quitclaim deed, but also includes relevant details about the trust, and any other information needed for the transfer.

The general Warranty Deed is the most common type of Deed to transfer residential property in Florida and is most likely the type of Deed that you will find at the closing table of a home purchase or sale. The general Warranty Deed is considered the top tier Deed for ownership of a property.

A statutory warranty deed, also referred to as a general warranty deed in Florida, provides full and complete warranty of the title for the property being sold or transferred. This legally protects the grantee against any type of claim.

To transfer real property into your Trust, a new deed reflecting the name of the Trust must be executed, notarized and recorded with the County Recorder in the County where the property is located. Care must be taken that the exact legal description in the existing deed appears on the new deed.

A trustee deed conveys ownership of real estate that is being held in trust. The trustee's deed refers to the person who is making the conveyance.

A statutory warranty deed is a short-form deed that includes the promises of a long-form general warranty deed. It guarantees the grantor holds and is transferring full and legal title to the property. Using either a statutory or general warranty deed provides the most protection to the buyer of the property.

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Lady Bird Deeds in Florida. Lady Bird Deed is also known as a "transfer on death deed.In Florida, trusts whose trustee(s) hold title to Florida real estate under the trust arrangement generally fall into one of two general categories. All payments made to Citizens Bank and Trust Co., Trustee. Interested persons have been afforded an opportunity to participate in the making of this amendment. Due consideration has been given to the two. The EIN (Employer Identification Number, also called IRS Tax ID) for The Bank of Tampa is 591447189.

Tampa Florida Warranty Deed from two Individuals to Trust (Two Co-Trustees)

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FAQ

What does trustee's deed mean in real estate?

What is the difference between a deed and a trust deed?

What is the purpose of a trust deed?

Who signs warranty deed Florida?

What is a Florida trustee's deed?

What type of deed is most commonly used in Florida?

What is Florida statutory warranty?

How do I transfer a deed to a trust in Florida?

What is a trustees deed in Florida?

What is a statutory warranty deed in Florida?

Interesting Questions

What is a warranty deed?

What is a trust?

What is the purpose of transferring a warranty deed to a trust?

Who are the parties involved in a warranty deed transfer to a trust?

What are the responsibilities of the co-trustees?

What happens to the property after it is transferred to the trust?

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