This Warranty Deed from two Individuals to an Individual form is a Warranty Deed where the Grantors are two individuals and the Grantee is an individual. Grantors convey and warrant the described property to Grantee 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 used to transfer ownership of real property from one party to another in Oklahoma City, Oklahoma. In this specific scenario, the warranty deed involves the transfer of property from two individuals to an individual buyer. The Oklahoma City Oklahoma Warranty Deed from Two Individuals to an Individual ensures that the two sellers, known as granters, have the legal authority and right to transfer the property to the buyer, known as the grantee. This type of warranty deed guarantees that no other person or entity has any claims or liens on the property, except those expressly stated in the deed. There are different types of Oklahoma City Oklahoma Warranty Deed from Two Individuals to an Individual, including: 1. General Warranty Deed: This warranty deed provides the highest level of protection for the grantee. It guarantees that the granters have clear and marketable title to the property and will defend against any future claims. 2. Special Warranty Deed: While still offering protection to the grantee, a special warranty deed only covers the period of time the granters owned the property. It guarantees that the granters have not incurred any title issues during their ownership. 3. Quitclaim Deed: This type of deed transfers whatever interest the granters have in the property, without any warranties. It does not guarantee that the granters have marketable title or that there are no liens or encumbrances on the property. When completing an Oklahoma City Oklahoma Warranty Deed from Two Individuals to an Individual, key information should be included, such as: — Names and addresses of thgrantersrs and the grantee. — Legal description of the property, including the address, lot number, and any other identifying details. — Statement that thgrantersrs are conveying the property to the grantee. — Consideration or payment received for the transfer. Grantersrs' affirmation that they have full authority to sell the property. — Covenant from thgrantersrs that they will defend the grantee against any future claims to the property. It is important to consult with a qualified real estate attorney or title company when dealing with warranty deeds in Oklahoma City, Oklahoma, as the requirements and legalities may vary.
