This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants 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.
Ann Arbor Michigan Warranty Deed from Individual to Individual is a legal document that transfers ownership of a property from one individual to another, guaranteeing that the property is free from any defects in title. This type of deed ensures that the granter, the individual selling the property, holds the legal right to transfer ownership and the grantee, the individual buying the property, will have clear ownership of the property. The Ann Arbor Michigan Warranty Deed from Individual to Individual provides certain rights and protections to the grantee. It includes a warranty of title, which means that the granter guarantees that the title to the property is valid, and they have the right to sell it. In case there is any defect in title, the granter is obligated to defend the grantee's right to the property. There are different types of warranty deeds in Ann Arbor, Michigan that can be used in transactions between individuals: 1. General Warranty Deed: This type of deed provides the highest level of protection to the grantee. It guarantees that the property is free from any defects in title, whether they occurred before or during the ownership of the granter. The granter is responsible for defending the title against any claims. 2. Special Warranty Deed: This deed also guarantees that the granter holds clear title, but only for the period in which they owned the property. It does not cover any defects that may have existed before their ownership. The granter is responsible for defending the title during their ownership, but not prior to that. 3. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed is commonly used in Ann Arbor, Michigan for transfers between individuals. It transfers the granter's interest in the property to the grantee, but without any warranty or guarantee of title. It is often used in situations where the parties know and trust each other, or when transferring property within a family. Regardless of the type of warranty deed used in Ann Arbor, Michigan, it is crucial to have the document properly prepared, executed, and recorded with the appropriate county office to ensure its legal validity. It is advisable to consult a qualified real estate attorney or title company to handle the process and ensure a smooth transfer of ownership.Ann Arbor Michigan Warranty Deed from Individual to Individual is a legal document that transfers ownership of a property from one individual to another, guaranteeing that the property is free from any defects in title. This type of deed ensures that the granter, the individual selling the property, holds the legal right to transfer ownership and the grantee, the individual buying the property, will have clear ownership of the property. The Ann Arbor Michigan Warranty Deed from Individual to Individual provides certain rights and protections to the grantee. It includes a warranty of title, which means that the granter guarantees that the title to the property is valid, and they have the right to sell it. In case there is any defect in title, the granter is obligated to defend the grantee's right to the property. There are different types of warranty deeds in Ann Arbor, Michigan that can be used in transactions between individuals: 1. General Warranty Deed: This type of deed provides the highest level of protection to the grantee. It guarantees that the property is free from any defects in title, whether they occurred before or during the ownership of the granter. The granter is responsible for defending the title against any claims. 2. Special Warranty Deed: This deed also guarantees that the granter holds clear title, but only for the period in which they owned the property. It does not cover any defects that may have existed before their ownership. The granter is responsible for defending the title during their ownership, but not prior to that. 3. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed is commonly used in Ann Arbor, Michigan for transfers between individuals. It transfers the granter's interest in the property to the grantee, but without any warranty or guarantee of title. It is often used in situations where the parties know and trust each other, or when transferring property within a family. Regardless of the type of warranty deed used in Ann Arbor, Michigan, it is crucial to have the document properly prepared, executed, and recorded with the appropriate county office to ensure its legal validity. It is advisable to consult a qualified real estate attorney or title company to handle the process and ensure a smooth transfer of ownership.
