This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A Montgomery Maryland Special Warranty Deed — Individual to Individual is a legal document that facilitates the transfer of property ownership between two individuals in Montgomery County, Maryland. This type of deed provides a limited warranty of title, guaranteeing that the seller (granter) holds valid title to the property but only warrants against any defects or claims that occurred during their ownership. This Special Warranty Deed serves as legal proof of ownership transfer and outlines crucial details regarding the property, including a thorough description of the property itself, the names of the parties involved, the transfer price, and any specific conditions or restrictions that may apply. It is typically prepared by an attorney or a title company to ensure all legal requirements are met. In Montgomery County, Maryland, there are various types of Special Warranty Deeds available for different situations. Some common types include: 1. Montgomery Maryland Special Warranty Deed with Survivorship: This type of deed includes a survivorship clause, where if one of the parties passes away, their share automatically transfers to the surviving party. 2. Montgomery Maryland Special Warranty Deed with Life Estate: In this scenario, the granter retains the right to use and occupy the property until their death, after which it transfers to the named individual. 3. Montgomery Maryland Special Warranty Deed with Restrictions: This kind of deed includes specific conditions or restrictions that both parties must adhere to, such as land use limitations, maintenance obligations, or architectural guidelines. It is important to consult with a qualified attorney or a real estate professional familiar with Montgomery County, Maryland's laws and regulations to determine the most appropriate type of Special Warranty Deed for your unique circumstances.A Montgomery Maryland Special Warranty Deed — Individual to Individual is a legal document that facilitates the transfer of property ownership between two individuals in Montgomery County, Maryland. This type of deed provides a limited warranty of title, guaranteeing that the seller (granter) holds valid title to the property but only warrants against any defects or claims that occurred during their ownership. This Special Warranty Deed serves as legal proof of ownership transfer and outlines crucial details regarding the property, including a thorough description of the property itself, the names of the parties involved, the transfer price, and any specific conditions or restrictions that may apply. It is typically prepared by an attorney or a title company to ensure all legal requirements are met. In Montgomery County, Maryland, there are various types of Special Warranty Deeds available for different situations. Some common types include: 1. Montgomery Maryland Special Warranty Deed with Survivorship: This type of deed includes a survivorship clause, where if one of the parties passes away, their share automatically transfers to the surviving party. 2. Montgomery Maryland Special Warranty Deed with Life Estate: In this scenario, the granter retains the right to use and occupy the property until their death, after which it transfers to the named individual. 3. Montgomery Maryland Special Warranty Deed with Restrictions: This kind of deed includes specific conditions or restrictions that both parties must adhere to, such as land use limitations, maintenance obligations, or architectural guidelines. It is important to consult with a qualified attorney or a real estate professional familiar with Montgomery County, Maryland's laws and regulations to determine the most appropriate type of Special Warranty Deed for your unique circumstances.
