This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A warranty deed is an important legal document used in real estate transactions, specifically when transferring property ownership from one individual to another in Broken Arrow, Oklahoma. This type of deed provides the buyer (grantee) with a guarantee or assurance that the property being conveyed is free of any liens, encumbrances, or title defects. When it comes to Broken Arrow, Oklahoma, there are several variations of warranty deeds from individual to individual, including: 1. General Warranty Deed: This is the most common type of warranty deed used in real estate transactions. It guarantees that the seller (granter) has the legal right to sell the property, and provides protections against any claims, liens, or encumbrances that may arise from the property's history. 2. Special Warranty Deed: In this type of warranty deed, the granter only guarantees against any title defects or claims that may have occurred during their ownership of the property. It does not provide any protection against issues that may have arisen before the granter acquired the property. 3. Limited Warranty Deed: This type of warranty deed offers limited guarantees to the grantee. The granter only warrants against any encumbrances or defects that may have occurred during their ownership, without providing any protection against issues that occurred prior to their ownership. 4. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed is another type of conveyance document commonly used in real estate transactions. It essentially transfers the granter's interest in the property to the grantee without any warranties or guarantees regarding the property's title. Broken Arrow, Oklahoma warranty deeds from individual to individual play a crucial role in ensuring a smooth and secure transfer of property ownership. These deed types protect both parties involved in the transaction, offering peace of mind to the buyer by ensuring that the property is free from any unforeseen legal issues or encumbrances. It is important for all parties to consult legal professionals when dealing with warranty deeds to protect their interests and ensure a successful transfer of property ownership.A warranty deed is an important legal document used in real estate transactions, specifically when transferring property ownership from one individual to another in Broken Arrow, Oklahoma. This type of deed provides the buyer (grantee) with a guarantee or assurance that the property being conveyed is free of any liens, encumbrances, or title defects. When it comes to Broken Arrow, Oklahoma, there are several variations of warranty deeds from individual to individual, including: 1. General Warranty Deed: This is the most common type of warranty deed used in real estate transactions. It guarantees that the seller (granter) has the legal right to sell the property, and provides protections against any claims, liens, or encumbrances that may arise from the property's history. 2. Special Warranty Deed: In this type of warranty deed, the granter only guarantees against any title defects or claims that may have occurred during their ownership of the property. It does not provide any protection against issues that may have arisen before the granter acquired the property. 3. Limited Warranty Deed: This type of warranty deed offers limited guarantees to the grantee. The granter only warrants against any encumbrances or defects that may have occurred during their ownership, without providing any protection against issues that occurred prior to their ownership. 4. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed is another type of conveyance document commonly used in real estate transactions. It essentially transfers the granter's interest in the property to the grantee without any warranties or guarantees regarding the property's title. Broken Arrow, Oklahoma warranty deeds from individual to individual play a crucial role in ensuring a smooth and secure transfer of property ownership. These deed types protect both parties involved in the transaction, offering peace of mind to the buyer by ensuring that the property is free from any unforeseen legal issues or encumbrances. It is important for all parties to consult legal professionals when dealing with warranty deeds to protect their interests and ensure a successful transfer of property ownership.
