This form is a Warranty Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and warrant the described property to grantee 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 state statutory laws.
A Detroit, Michigan Warranty Deed from Husband and Wife to an Individual is a legal document that transfers ownership of property from a married couple to an individual. This type of deed is commonly used when a property is jointly owned by a husband and wife, and they wish to convey their interests in the property to a single individual. The deed guarantees that the granters (the husband and wife) hold clear and marketable title to the property and promises to defend the title against any claims or demands from others. The warranty deed includes specific keywords and sections that are crucial to its validity and clarity. Some essential elements included in the deed are as follows: 1. Heading: The deed begins with a heading that states it is a "Warranty Deed" and identifies the parties involved i.e., the husband and wife as granters and the individual as the grantee. 2. Consideration: The deed includes a provision stating the consideration, or the amount of money or value exchanged between the parties for the transfer of ownership. 3. Granting Clause: This section identifies the husband and wife as the granters and affirms their intention to convey their interests in the property to the individual. It typically states, "The Granters hereby convey and warrant to the Grantee…" 4. Description of the Property: The deed must include a detailed and accurate legal description of the property being transferred. This description includes the property's boundary lines, lot number, section, township, and any additional information necessary to identify the property uniquely. 5. Covenants: A warranty deed provides specific covenants or promises made by the granter to the grantee. These covenants typically include: a. General Warranty: The granter guarantees that the title to the property is free from any defects or claims, other than those explicitly mentioned in the deed or known to the grantee at the time of transfer. b. Right to Convey: The granter assures that they have the legal authority and right to convey the property. c. Quiet Enjoyment: The granter promises that the grantee will have undisturbed possession and peaceful enjoyment of the property. d. Further Assurances: The granter assures that they will provide any additional documents or actions necessary to establish the grantee's ownership rights. 6. Notary Acknowledgment: The deed must be notarized by a notary public to validate the signatures of the granters. Different variations of Detroit Michigan Warranty Deed from Husband and Wife to an Individual may exist based on the specific circumstances or requirements of the parties involved. These variations can include specific clauses or additional terms that are agreed upon by the granters and grantees. However, the core elements mentioned above remain consistent. It is recommended to consult with a qualified attorney or legal professional familiar with Michigan real estate law to ensure accuracy and compliance with local regulations when drafting or executing such a deed.A Detroit, Michigan Warranty Deed from Husband and Wife to an Individual is a legal document that transfers ownership of property from a married couple to an individual. This type of deed is commonly used when a property is jointly owned by a husband and wife, and they wish to convey their interests in the property to a single individual. The deed guarantees that the granters (the husband and wife) hold clear and marketable title to the property and promises to defend the title against any claims or demands from others. The warranty deed includes specific keywords and sections that are crucial to its validity and clarity. Some essential elements included in the deed are as follows: 1. Heading: The deed begins with a heading that states it is a "Warranty Deed" and identifies the parties involved i.e., the husband and wife as granters and the individual as the grantee. 2. Consideration: The deed includes a provision stating the consideration, or the amount of money or value exchanged between the parties for the transfer of ownership. 3. Granting Clause: This section identifies the husband and wife as the granters and affirms their intention to convey their interests in the property to the individual. It typically states, "The Granters hereby convey and warrant to the Grantee…" 4. Description of the Property: The deed must include a detailed and accurate legal description of the property being transferred. This description includes the property's boundary lines, lot number, section, township, and any additional information necessary to identify the property uniquely. 5. Covenants: A warranty deed provides specific covenants or promises made by the granter to the grantee. These covenants typically include: a. General Warranty: The granter guarantees that the title to the property is free from any defects or claims, other than those explicitly mentioned in the deed or known to the grantee at the time of transfer. b. Right to Convey: The granter assures that they have the legal authority and right to convey the property. c. Quiet Enjoyment: The granter promises that the grantee will have undisturbed possession and peaceful enjoyment of the property. d. Further Assurances: The granter assures that they will provide any additional documents or actions necessary to establish the grantee's ownership rights. 6. Notary Acknowledgment: The deed must be notarized by a notary public to validate the signatures of the granters. Different variations of Detroit Michigan Warranty Deed from Husband and Wife to an Individual may exist based on the specific circumstances or requirements of the parties involved. These variations can include specific clauses or additional terms that are agreed upon by the granters and grantees. However, the core elements mentioned above remain consistent. It is recommended to consult with a qualified attorney or legal professional familiar with Michigan real estate law to ensure accuracy and compliance with local regulations when drafting or executing such a deed.