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 Kings New York Special Warranty Deed — Husband and Wife to Individual is a legal document that conveys the ownership of real estate property from a married couple to an individual, providing certain limited assurances to the buyer regarding the property's title. This type of deed is commonly used in real estate transactions when husband and wife jointly own a property and wish to transfer it to a single buyer. The "special warranty" aspect of the deed guarantees that the sellers (husband and wife) will defend the title against any claims arising only during their ownership period, and not before. The Kings New York Special Warranty Deed typically includes the following key elements: 1. Parties involved: This deed explicitly mentions the names and roles of both husband and wife as the granters (sellers), and the name of the individual grantee (buyer). 2. Property details: The deed provides a comprehensive description of the property being conveyed, including its address, legal description, and any other relevant identifying information. 3. Consideration: The agreed-upon purchase price or any other consideration exchanged between the sellers and the buyer is mentioned in the deed. 4. Covenants: The deed identifies and defines the covenants or promises made by the sellers. In this case, the sellers guarantee that they have received the property as a married couple and hold a valid title, and that they will defend the title against any claims arising during their period of ownership. 5. Independent legal advice: A clause may be included to state that both the husband and wife have received independent legal advice or that they fully understand the consequences of the deed. Different types of Kings New York Special Warranty Deed — Husband and Wife to Individual may include variations based on the specific circumstances of the transaction. For example, there could be additional provisions that address special considerations such as liens, encumbrances, or agreed-upon conditions for the transfer. Overall, a Kings New York Special Warranty Deed — Husband and Wife to Individual provides a legally binding written record of the transfer of property ownership from a married couple to an individual buyer, while ensuring certain limited warranty protections for the buyer against claims arising during the sellers' period of ownership.A Kings New York Special Warranty Deed — Husband and Wife to Individual is a legal document that conveys the ownership of real estate property from a married couple to an individual, providing certain limited assurances to the buyer regarding the property's title. This type of deed is commonly used in real estate transactions when husband and wife jointly own a property and wish to transfer it to a single buyer. The "special warranty" aspect of the deed guarantees that the sellers (husband and wife) will defend the title against any claims arising only during their ownership period, and not before. The Kings New York Special Warranty Deed typically includes the following key elements: 1. Parties involved: This deed explicitly mentions the names and roles of both husband and wife as the granters (sellers), and the name of the individual grantee (buyer). 2. Property details: The deed provides a comprehensive description of the property being conveyed, including its address, legal description, and any other relevant identifying information. 3. Consideration: The agreed-upon purchase price or any other consideration exchanged between the sellers and the buyer is mentioned in the deed. 4. Covenants: The deed identifies and defines the covenants or promises made by the sellers. In this case, the sellers guarantee that they have received the property as a married couple and hold a valid title, and that they will defend the title against any claims arising during their period of ownership. 5. Independent legal advice: A clause may be included to state that both the husband and wife have received independent legal advice or that they fully understand the consequences of the deed. Different types of Kings New York Special Warranty Deed — Husband and Wife to Individual may include variations based on the specific circumstances of the transaction. For example, there could be additional provisions that address special considerations such as liens, encumbrances, or agreed-upon conditions for the transfer. Overall, a Kings New York Special Warranty Deed — Husband and Wife to Individual provides a legally binding written record of the transfer of property ownership from a married couple to an individual buyer, while ensuring certain limited warranty protections for the buyer against claims arising during the sellers' period of ownership.
