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 Greensboro North Carolina Special Warranty Deed — Husband and Wife to Individual is a legal document used in real estate transactions to transfer ownership of a property from a married couple to an individual buyer. This type of deed provides certain protections and guarantees to the buyer regarding the property's title. In Greensboro, North Carolina, there are a few variations of the Special Warranty Deed — Husband and Wife to Individual, which include: 1. General Special Warranty Deed: This document assures the buyer that the property being sold is free from any defects or encumbrances occurring during the time the couple held ownership of the property. 2. Limited Special Warranty Deed: This type of deed offers a more limited warranty, whereby the seller guarantees that there are no defects or encumbrances on the property that have arisen during their ownership. However, it does not provide assurance against any pre-existing issues on the property. 3. Joint Tenancy Special Warranty Deed: This deed is used when a couple owns the property as joint tenants. It grants the buyer full ownership rights to the property upon transfer, ensuring that the property cannot be claimed by the surviving spouse in the event of death. When preparing a Greensboro North Carolina Special Warranty Deed — Husband and Wife to Individual, it is crucial to include the following information: 1. Names and addresses of the husband and wife transferring the property. 2. Name and address of the individual buyer acquiring the property. 3. Accurate legal description of the property, including its boundaries and any specific identifiers, such as lot numbers. 4. The purchase price or consideration for the transfer. 5. Any relevant conditions or contingencies to the transfer, such as specific rights or restrictions. 6. Signatures of both spouses and the individual buyer, along with the notarization of these signatures. To ensure a seamless transfer and avoid any legal complications, it is highly recommended seeking assistance from a qualified real estate attorney when drafting or executing a Greensboro North Carolina Special Warranty Deed — Husband and Wife to Individual.A Greensboro North Carolina Special Warranty Deed — Husband and Wife to Individual is a legal document used in real estate transactions to transfer ownership of a property from a married couple to an individual buyer. This type of deed provides certain protections and guarantees to the buyer regarding the property's title. In Greensboro, North Carolina, there are a few variations of the Special Warranty Deed — Husband and Wife to Individual, which include: 1. General Special Warranty Deed: This document assures the buyer that the property being sold is free from any defects or encumbrances occurring during the time the couple held ownership of the property. 2. Limited Special Warranty Deed: This type of deed offers a more limited warranty, whereby the seller guarantees that there are no defects or encumbrances on the property that have arisen during their ownership. However, it does not provide assurance against any pre-existing issues on the property. 3. Joint Tenancy Special Warranty Deed: This deed is used when a couple owns the property as joint tenants. It grants the buyer full ownership rights to the property upon transfer, ensuring that the property cannot be claimed by the surviving spouse in the event of death. When preparing a Greensboro North Carolina Special Warranty Deed — Husband and Wife to Individual, it is crucial to include the following information: 1. Names and addresses of the husband and wife transferring the property. 2. Name and address of the individual buyer acquiring the property. 3. Accurate legal description of the property, including its boundaries and any specific identifiers, such as lot numbers. 4. The purchase price or consideration for the transfer. 5. Any relevant conditions or contingencies to the transfer, such as specific rights or restrictions. 6. Signatures of both spouses and the individual buyer, along with the notarization of these signatures. To ensure a seamless transfer and avoid any legal complications, it is highly recommended seeking assistance from a qualified real estate attorney when drafting or executing a Greensboro North Carolina Special Warranty Deed — Husband and Wife to Individual.