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 Special Warranty Deed is a legal document commonly used in the transfer of real estate ownership. In Fayetteville, North Carolina, a Special Warranty Deed — Husband and Wife to Individual is a specific type of deed used when a property is being transferred from a married couple to an individual. In this type of deed, the married couple, who are the current owners of the property, are referred to as the granters. The individual who is receiving ownership of the property is known as the grantee. The deed contains important information such as the names of the granters and grantee, the legal description of the property, and any specific conditions or restrictions related to the transfer. One of the key aspects of a Special Warranty Deed is the limited warranty provided by the granters. They warrant or guarantee the title to the property only during the time they owned it. This means that if any defects or claims arise from previous owners, the granters are not liable. However, they do provide a limited warranty against any defects that occurred during their ownership period. It is important to note that there may be variations of the Fayetteville North Carolina Special Warranty Deed — Husband and Wife to Individual based on the specific circumstances of the property transfer. Additional types of Special Warranty Deeds may include: 1. Fayetteville North Carolina Special Warranty Deed — Husband and Wife to Individual with Spousal Consent: This type of deed is used when one spouse needs the permission of the other in order to transfer ownership of the property to an individual. The spouse not directly involved in the transfer provides their consent and may be required to sign the deed as well. 2. Fayetteville North Carolina Special Warranty Deed — Survivorship: This type of deed is utilized when the property is owned by a married couple as joint tenants with rights of survivorship. In the event of the death of one spouse, the surviving spouse automatically receives full ownership of the property without the need for probate. 3. Fayetteville North Carolina Special Warranty Deed — Husband and Wifindividualua— - Trust: This variation is employed when a property is being transferred from a husband and wife to an individual while utilizing a trust. The deed is tailored to include specific provisions related to the trust and outlines the trust's role in holding and managing the property. These are just a few examples of the different types of Fayetteville North Carolina Special Warranty Deed — Husband and Wife to Individual, each serving a unique purpose based on the specific scenario of the property transfer. It is crucial to consult with a legal professional or real estate attorney to ensure the correct type of deed is selected and executed properly.A Special Warranty Deed is a legal document commonly used in the transfer of real estate ownership. In Fayetteville, North Carolina, a Special Warranty Deed — Husband and Wife to Individual is a specific type of deed used when a property is being transferred from a married couple to an individual. In this type of deed, the married couple, who are the current owners of the property, are referred to as the granters. The individual who is receiving ownership of the property is known as the grantee. The deed contains important information such as the names of the granters and grantee, the legal description of the property, and any specific conditions or restrictions related to the transfer. One of the key aspects of a Special Warranty Deed is the limited warranty provided by the granters. They warrant or guarantee the title to the property only during the time they owned it. This means that if any defects or claims arise from previous owners, the granters are not liable. However, they do provide a limited warranty against any defects that occurred during their ownership period. It is important to note that there may be variations of the Fayetteville North Carolina Special Warranty Deed — Husband and Wife to Individual based on the specific circumstances of the property transfer. Additional types of Special Warranty Deeds may include: 1. Fayetteville North Carolina Special Warranty Deed — Husband and Wife to Individual with Spousal Consent: This type of deed is used when one spouse needs the permission of the other in order to transfer ownership of the property to an individual. The spouse not directly involved in the transfer provides their consent and may be required to sign the deed as well. 2. Fayetteville North Carolina Special Warranty Deed — Survivorship: This type of deed is utilized when the property is owned by a married couple as joint tenants with rights of survivorship. In the event of the death of one spouse, the surviving spouse automatically receives full ownership of the property without the need for probate. 3. Fayetteville North Carolina Special Warranty Deed — Husband and Wifindividualua— - Trust: This variation is employed when a property is being transferred from a husband and wife to an individual while utilizing a trust. The deed is tailored to include specific provisions related to the trust and outlines the trust's role in holding and managing the property. These are just a few examples of the different types of Fayetteville North Carolina Special Warranty Deed — Husband and Wife to Individual, each serving a unique purpose based on the specific scenario of the property transfer. It is crucial to consult with a legal professional or real estate attorney to ensure the correct type of deed is selected and executed properly.
