This form is a Warranty Deed where the Grantors are two individuals or husband and wife, both acting through an attorney in fact authorized by a recorded power of attorney, and the Grantee is an individual. Grantors convey and warrant the described property to Grantee. This deed complies with all state statutory laws.
A Carmel Indiana Warranty Deed — Two Individuals, or Husband and Wife, as Granters, both by attorney in fact, to an individual Grantee is a legal document used to transfer real property ownership from two individuals (who can be either married or unmarried) to an individual grantee. This type of warranty deed in Carmel, Indiana, allows couples or co-owners to convey their property rights with certain guarantees and protections. A warranty deed provides the assurance that the granters have the legal right to transfer the property and that the property is free from any claims or encumbrances, except those mentioned in the deed itself. By executing the deed with the assistance of an attorney in fact (authorized representative), the granters affirm their intention and consent to transfer the property rights to the grantee. There are different versions of a Carmel Indiana Warranty Deed — Two Individuals, or Husband and Wife, as Granters, both by attorney in fact, to an individual Grantee, each designed to address specific requirements or circumstances: 1. General Warranty Deed: This type of warranty deed guarantees the grantee's ownership and provides protection against any potential title defects or claims that might arise from previous owners. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only offers assurances against title defects or claims that occurred during the granter's ownership. It does not cover any potential issues arising from previous owners. 3. Quitclaim Deed: A quitclaim deed is a less comprehensive type of deed, which only transfers the granter's interest in the property without providing any warranties or guarantees. It simply conveys whatever interest the granter has, without making any promises about the title's validity. Regardless of the specific Carmel Indiana Warranty Deed type, it is crucial for the individuals acting as granters to consult an attorney to ensure the appropriate deed is selected based on their unique circumstances and to provide legal guidance throughout the process. This ensures effective property transfers while protecting the rights and interests of all parties involved.
