This form is a Warranty Deed where the grantors are husband and wife and the grantees are husband and wife. Grantors convey and warrant the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. This deed complies with all state statutory laws.
A warranty deed is a legal document commonly used in real estate transactions in Lee's Summit, Missouri, transferring ownership of a property from a husband and wife to another husband and wife. This deed ensures that the property is being transferred with clear title and guarantees that the granter (the husband and wife selling the property) will defend the buyer (the husband and wife purchasing the property) against any future claims on the property. In Lee's Summit, Missouri, there are two different types of warranty deeds available for husband and wife to husband and wife transfers: 1. General Warranty Deed: A general warranty deed provides the highest level of protection to the buyer. It guarantees that the granter has the legal right to sell the property and will defend the buyer against any claims arising from previous ownership. This type of deed offers the most comprehensive set of warranties and is often preferred in real estate transactions. 2. Special Warranty Deed: A special warranty deed offers a more limited set of warranties compared to a general warranty deed. It guarantees that the granter has not done anything to negatively affect the title during their ownership. Unlike a general warranty deed, a special warranty deed does not provide protection against claims that may arise from previous owners. When preparing a Lee's Summit, Missouri warranty deed from husband and wife to husband and wife, it is essential to include specific information such as the names of the parties involved, the legal description of the property, any encumbrances or liens, and the consideration paid for the transfer. The document should also be signed and properly notarized to ensure its validity. Overall, the Lee's Summit, Missouri warranty deed from husband and wife to husband and wife is a crucial legal document that facilitates the smooth transfer of property ownership while offering protection and guaranteeing clear title.
