Detroit Michigan Warranty Deed from Individual to Three Individuals

• Category: Michigan Real Estate - Deeds - Warranty
• State: Michigan
• City: Detroit
• Control #: MI-SDEED-8-3
• Format: Word; Rich Text

Description

This form is a Warranty Deed where the grantor is an individual and the grantees are three individuals. A Detroit Michigan Warranty Deed from Individual to Three Individuals is a legal document that transfers the ownership of a property from one individual, known as the granter, to three other individuals, known as the grantees. This type of deed ensures that the granter guarantees the title of the property is free from any defects or encumbrances, and that they have the legal right to transfer the property. The warranty deed includes specific information about the property, such as the legal description, address, and parcel number. It also contains the names and addresses of the granter and the grantees, as well as their relationship to each other. Additionally, the deed may include any conditions, covenants, or restrictions that are relevant to the property. There are different variations of Detroit Michigan Warranty Deed from Individual to Three Individuals, depending on the specific circumstances and requirements of the parties involved. Some of these variations include: 1. General Warranty Deed: In this type of deed, the granter fully guarantees the title of the property and promises to defend the grantees against any future claims or disputes. 2. Limited Warranty Deed: This deed also provides a guarantee from the granter, but only for the period of their ownership. It does not cover any claims or disputes that may have arisen before the granter acquired the property. 3. Special Warranty Deed: Similar to the limited warranty deed, this type of deed provides a guarantee from the granter, but it is limited to defects or encumbrances that occurred during the granter's ownership of the property. 4. Quitclaim Deed: Unlike the warranty deeds, a quitclaim deed does not provide any guarantee or warranty regarding the title of the property. It simply transfers the granter's interest or claim to the property to the grantees. 5. Interspousal Transfer Deed: This type of deed is used when one spouse wishes to transfer their interest in the property to the other spouse. It is commonly used in situations such as divorce or the death of a spouse. It is important to consult with a qualified attorney or a licensed real estate professional when dealing with warranty deeds in Detroit, Michigan, to ensure that all legal requirements and regulations are properly followed.

A Detroit Michigan Warranty Deed from Individual to Three Individuals is a legal document that transfers the ownership of a property from one individual, known as the granter, to three other individuals, known as the grantees. This type of deed ensures that the granter guarantees the title of the property is free from any defects or encumbrances, and that they have the legal right to transfer the property. The warranty deed includes specific information about the property, such as the legal description, address, and parcel number. It also contains the names and addresses of the granter and the grantees, as well as their relationship to each other. Additionally, the deed may include any conditions, covenants, or restrictions that are relevant to the property. There are different variations of Detroit Michigan Warranty Deed from Individual to Three Individuals, depending on the specific circumstances and requirements of the parties involved. Some of these variations include: 1. General Warranty Deed: In this type of deed, the granter fully guarantees the title of the property and promises to defend the grantees against any future claims or disputes. 2. Limited Warranty Deed: This deed also provides a guarantee from the granter, but only for the period of their ownership. It does not cover any claims or disputes that may have arisen before the granter acquired the property. 3. Special Warranty Deed: Similar to the limited warranty deed, this type of deed provides a guarantee from the granter, but it is limited to defects or encumbrances that occurred during the granter's ownership of the property. 4. Quitclaim Deed: Unlike the warranty deeds, a quitclaim deed does not provide any guarantee or warranty regarding the title of the property. It simply transfers the granter's interest or claim to the property to the grantees. 5. Interspousal Transfer Deed: This type of deed is used when one spouse wishes to transfer their interest in the property to the other spouse. It is commonly used in situations such as divorce or the death of a spouse. It is important to consult with a qualified attorney or a licensed real estate professional when dealing with warranty deeds in Detroit, Michigan, to ensure that all legal requirements and regulations are properly followed.