This form is a Warranty Deed where the grantors are husband and wife and the grantee is a trust. Grantors convey and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A warranty deed is a legal document that transfers ownership of real property from one party to another. In Atlanta, Georgia, a warranty deed from husband and wife to a trust involves the transfer of ownership of property jointly owned by a married couple to a trust, which is a legal entity set up to hold and manage property on behalf of beneficiaries. This type of deed provides assurance to the buyer (the trust in this case) that the husband and wife (granters) own the property free and clear of any liens or encumbrances, and they have the legal right to transfer the property. The granters also guarantee that they will defend the title against any future claims. Keywords: Atlanta Georgia, warranty deed, husband and wife, trust, transfer of ownership, property, real estate, legal document, granters, buyer, encumbrances, beneficiaries, defend the title. Different types of Atlanta Georgia Warranty Deed from Husband and Wife to a Trust may include: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection for the grantee (trust) by guaranteeing that the property is free from any defects in title, even if they occurred before the granters acquired the property. 2. Special Warranty Deed: With a special warranty deed, the granters guarantee that they have not done anything to adversely affect the title during their ownership. This means they will defend the title against any defects that may have occurred during their ownership, but not against any defects that may have occurred before they acquired the property. 3. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed may also be used to transfer property from husband and wife to a trust. However, unlike a warranty deed, a quitclaim deed does not provide any guarantees or warranties about the state of the property's title. It simply transfers the granters' interest in the property to the grantee without any assurances. 4. Special Purpose Deed: In certain cases, a special purpose deed may be used for specific purposes, such as transferring property for tax planning purposes or in a divorce settlement. These deeds may have specific terms and conditions tailored to the unique circumstances of the transfer. It is essential to consult with a qualified attorney or real estate professional to determine the most appropriate type of warranty deed and ensure all legal requirements are met when transferring property from husband and wife to a trust in Atlanta, Georgia.
