This Warranty Deed from Individual to Husband and Wife form is a Warranty Deed where the Grantor is an individual and the Grantees are husband and wife. Grantor conveys and warrants the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all applicable state statutory laws.
A Detroit Michigan Warranty Deed from Individual to Husband and Wife is a legal document that transfers ownership of property from an individual seller to a married couple, with a guarantee or warranty of clear title. This deed is commonly used in real estate transactions in Detroit, Michigan. The warranty aspect of the deed implies that the seller (the "granter") will defend the buyer (the "grantees") against any claims or issues related to the title of the property. It ensures that the granter has the legal right to sell the property and that there are no undisclosed encumbrances or liens. Different types of Detroit Michigan Warranty Deeds from Individual to Husband and Wife may include: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the grantees. It guarantees that the granter will defend the title against any claims, even if problems arose before the granter acquired the property. 2. Special (Limited) Warranty Deed: This type of warranty deed is similar to a general warranty deed but limits the granter's warranty to any issues that occurred during their ownership of the property. It does not provide protection against any existing problems arising before the granter's ownership. 3. Quitclaim Deed: Although not a warranty deed, a quitclaim deed is commonly used in property transfers between spouses. It transfers the interest the granter has in the property to the grantees, without any warranty or guarantee of clear title. This type of deed is often used when there is a high level of trust between the parties, such as in a marriage. In a Detroit Michigan Warranty Deed from Individual to Husband and Wife, important information will be included, such as: — The names and addresses of thgranteror and grantees; — A legal description of the property being transferred, including its physical address and parcel identification number (PIN); — The consideration or purchase price for the property; — Any specific rights or easements attached to the property; — Any existing encumbrances, such as mortgages or liens that will continue to be attached to the property even after the transfer; — The date of the transfer— - The notary acknowledgment, where the granter's signature is officially witnessed and notarized. It is essential to consult with a qualified real estate attorney or title company when preparing or reviewing a Detroit Michigan Warranty Deed to ensure compliance with local laws, as well as to safeguard the interests of both the granter and grantees.
