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 to transfer ownership of real estate from one party to another in Sterling Heights, Michigan. Specifically, a Sterling Heights Michigan Warranty Deed from Husband and Wife to an Individual is a type of warranty deed that involves the transfer of property from a married couple to an individual buyer. This type of deed provides assurance or "warranty" that the property being transferred is free of any encumbrances, claims, or defects in title, except for those specifically mentioned in the deed. It guarantees that the sellers (the husband and wife) have the legal right to sell the property and that they will defend the buyer against any claims that may arise from a previous owner's actions. Some relevant keywords related to this type of deed in Sterling Heights, Michigan, include: 1. Sterling Heights: Refers to the specific location where the warranty deed is being executed, emphasizing the jurisdiction and legal requirements applicable to the area. 2. Warranty Deed: Indicates the type of deed being used for the transfer of property, providing assurances and warranties to the buyer. 3. Husband and Wife: Specifies the sellers in this deed, implying joint ownership of the property by a married couple. 4. Individual: Denotes the buyer, who may be an individual person/entity seeking sole ownership of the property. Other specific types of Sterling Heights Michigan Warranty Deed from Husband and Wife to an Individual may include variations based on additional factors such as: 1. Tenancy: There can be different forms of tenancy, including tenancy by the entirety (ownership shared equally by spouses, with the right of survivorship), joint tenancy (ownership shared equally between multiple parties, with the right of survivorship), or tenancy in common (ownership divided between parties based on ownership shares, without the right of survivorship). 2. Consideration: The purchase price or value exchanged for the property can impact the wording and clauses within the warranty deed. 3. Encumbrances: The presence of existing liens, mortgages, easements, or other encumbrances on the property may affect the terms and warranties provided in the deed. In conclusion, a Sterling Heights Michigan Warranty Deed from Husband and Wife to an Individual is a legal document used to transfer property from a married couple to an individual buyer in Sterling Heights, Michigan. This type of deed provides assurances and warranties to the buyer regarding the property's title. Different variations of this deed may exist based on factors such as tenancy, consideration, and encumbrances.A warranty deed is a legal document used to transfer ownership of real estate from one party to another in Sterling Heights, Michigan. Specifically, a Sterling Heights Michigan Warranty Deed from Husband and Wife to an Individual is a type of warranty deed that involves the transfer of property from a married couple to an individual buyer. This type of deed provides assurance or "warranty" that the property being transferred is free of any encumbrances, claims, or defects in title, except for those specifically mentioned in the deed. It guarantees that the sellers (the husband and wife) have the legal right to sell the property and that they will defend the buyer against any claims that may arise from a previous owner's actions. Some relevant keywords related to this type of deed in Sterling Heights, Michigan, include: 1. Sterling Heights: Refers to the specific location where the warranty deed is being executed, emphasizing the jurisdiction and legal requirements applicable to the area. 2. Warranty Deed: Indicates the type of deed being used for the transfer of property, providing assurances and warranties to the buyer. 3. Husband and Wife: Specifies the sellers in this deed, implying joint ownership of the property by a married couple. 4. Individual: Denotes the buyer, who may be an individual person/entity seeking sole ownership of the property. Other specific types of Sterling Heights Michigan Warranty Deed from Husband and Wife to an Individual may include variations based on additional factors such as: 1. Tenancy: There can be different forms of tenancy, including tenancy by the entirety (ownership shared equally by spouses, with the right of survivorship), joint tenancy (ownership shared equally between multiple parties, with the right of survivorship), or tenancy in common (ownership divided between parties based on ownership shares, without the right of survivorship). 2. Consideration: The purchase price or value exchanged for the property can impact the wording and clauses within the warranty deed. 3. Encumbrances: The presence of existing liens, mortgages, easements, or other encumbrances on the property may affect the terms and warranties provided in the deed. In conclusion, a Sterling Heights Michigan Warranty Deed from Husband and Wife to an Individual is a legal document used to transfer property from a married couple to an individual buyer in Sterling Heights, Michigan. This type of deed provides assurances and warranties to the buyer regarding the property's title. Different variations of this deed may exist based on factors such as tenancy, consideration, and encumbrances.
