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 warranty deed is a legal document used in real estate transactions when a property is transferred from one party to another. In Oakland, Michigan, a warranty deed from Husband and Wife to an Individual signifies the transfer of property ownership rights from a married couple to an individual. This type of deed ensures that the grantee (the individual receiving the property) is protected against any previous claims or liens on the property. Keywords: Oakland Michigan, warranty deed, Husband and Wife, Individual, property ownership, transfer, legal document, real estate transactions, grantee, claims, liens. Different types of Oakland Michigan Warranty Deeds from Husband and Wife to an Individual include: 1. General Warranty Deed: This type of deed guarantees that the granter (Husband and Wife) has the legal right to transfer the property and ensures that the property is free from any liens or encumbrances, both past and present. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed guarantees that the granter has only defended against claims that occurred during their ownership of the property. It limits the granter's liability to any defects arising solely from their period of ownership. 3. Quitclaim Deed: Although not specifically a warranty deed, a quitclaim deed is commonly used when transferring property between spouses. It conveys any interest the granters may have in the property without providing any guarantees or warranties on the property's title. 4. Joint Tenancy Deed: This type of warranty deed is used when the transferring parties hold joint ownership of the property. It typically includes "right of survivorship," meaning that if one of the joint owners passes away, their ownership automatically transfers to the remaining owner(s). Additionally, it is essential to consult with a qualified attorney or title company to determine the specific requirements and regulations related to warranty deeds in Oakland, Michigan. Each jurisdiction may have unique guidelines and procedures that need to be followed during the transfer of property ownership.A warranty deed is a legal document used in real estate transactions when a property is transferred from one party to another. In Oakland, Michigan, a warranty deed from Husband and Wife to an Individual signifies the transfer of property ownership rights from a married couple to an individual. This type of deed ensures that the grantee (the individual receiving the property) is protected against any previous claims or liens on the property. Keywords: Oakland Michigan, warranty deed, Husband and Wife, Individual, property ownership, transfer, legal document, real estate transactions, grantee, claims, liens. Different types of Oakland Michigan Warranty Deeds from Husband and Wife to an Individual include: 1. General Warranty Deed: This type of deed guarantees that the granter (Husband and Wife) has the legal right to transfer the property and ensures that the property is free from any liens or encumbrances, both past and present. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed guarantees that the granter has only defended against claims that occurred during their ownership of the property. It limits the granter's liability to any defects arising solely from their period of ownership. 3. Quitclaim Deed: Although not specifically a warranty deed, a quitclaim deed is commonly used when transferring property between spouses. It conveys any interest the granters may have in the property without providing any guarantees or warranties on the property's title. 4. Joint Tenancy Deed: This type of warranty deed is used when the transferring parties hold joint ownership of the property. It typically includes "right of survivorship," meaning that if one of the joint owners passes away, their ownership automatically transfers to the remaining owner(s). Additionally, it is essential to consult with a qualified attorney or title company to determine the specific requirements and regulations related to warranty deeds in Oakland, Michigan. Each jurisdiction may have unique guidelines and procedures that need to be followed during the transfer of property ownership.
