This form is a Special Warranty Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and specially warrant the described property to the grantee. The grantors only warrant and will defend the property only as to claims of persons claiming by, through or under grantors, but not otherwise. This deed complies with all state statutory laws.
A Cary North Carolina Special Warranty Deed — Husband and Wife to Individual is a legal document that allows a married couple to transfer real estate property rights to an individual with a specified warranty. This type of deed provides a limited warranty of title, meaning the couple guarantees that they have not encumbered the property during their ownership, except as stated in the deed. The purpose of the Special Warranty Deed is to transfer ownership from the married couple to the individual, ensuring that the individual receives clear title to the property. This type of deed is commonly used in real estate transactions in Cary, North Carolina, and provides some level of protection to the individual against any claims that may arise from the time the couple owned the property. Different types of Cary North Carolina Special Warranty Deed — Husband and Wife to Individual can include: 1. Grant Deed: This deed, also known as a bargain and sale deed, transfers ownership from the husband and wife to the individual without providing any warranties, other than the fact that they have legal authority to sell the property. 2. Quitclaim Deed: A quitclaim deed is used to transfer ownership without any warranties. It essentially transfers whatever interest, if any, the husband and wife have in the property without providing any guarantees about the title. 3. Trust Deed: In certain cases, a husband and wife may transfer ownership of the property to an individual through a trust deed. This type of deed involves creating a trust and naming the individual as the beneficiary, allowing for easier transfers of property in the future. When drafting a Cary North Carolina Special Warranty Deed — Husband and Wife to Individual, it is important to include specific details such as the legal description of the property, the names of the husband, wife, and individual, the consideration (usually the purchase price), and any additional provisions or conditions agreed upon by all parties involved. Overall, the Cary North Carolina Special Warranty Deed — Husband and Wife to Individual allows for a smooth and legally sound transfer of real estate ownership from a married couple to an individual buyer, providing some level of protection against any claims on the property.A Cary North Carolina Special Warranty Deed — Husband and Wife to Individual is a legal document that allows a married couple to transfer real estate property rights to an individual with a specified warranty. This type of deed provides a limited warranty of title, meaning the couple guarantees that they have not encumbered the property during their ownership, except as stated in the deed. The purpose of the Special Warranty Deed is to transfer ownership from the married couple to the individual, ensuring that the individual receives clear title to the property. This type of deed is commonly used in real estate transactions in Cary, North Carolina, and provides some level of protection to the individual against any claims that may arise from the time the couple owned the property. Different types of Cary North Carolina Special Warranty Deed — Husband and Wife to Individual can include: 1. Grant Deed: This deed, also known as a bargain and sale deed, transfers ownership from the husband and wife to the individual without providing any warranties, other than the fact that they have legal authority to sell the property. 2. Quitclaim Deed: A quitclaim deed is used to transfer ownership without any warranties. It essentially transfers whatever interest, if any, the husband and wife have in the property without providing any guarantees about the title. 3. Trust Deed: In certain cases, a husband and wife may transfer ownership of the property to an individual through a trust deed. This type of deed involves creating a trust and naming the individual as the beneficiary, allowing for easier transfers of property in the future. When drafting a Cary North Carolina Special Warranty Deed — Husband and Wife to Individual, it is important to include specific details such as the legal description of the property, the names of the husband, wife, and individual, the consideration (usually the purchase price), and any additional provisions or conditions agreed upon by all parties involved. Overall, the Cary North Carolina Special Warranty Deed — Husband and Wife to Individual allows for a smooth and legally sound transfer of real estate ownership from a married couple to an individual buyer, providing some level of protection against any claims on the property.
