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.
Broken Arrow Oklahoma Special Warranty Deed from Husband and Wife to Individual is a legal document that transfers property ownership from a married couple to an individual, with certain assurances regarding the property's legal status and potential claims. This type of deed provides limited warranties, protecting the buyer against any defects that may have occurred during the time the husband and wife owned the property. The Broken Arrow Oklahoma Special Warranty Deed from Husband and Wife to Individual assures the individual buyer that the husband and wife sellers have the legal right to transfer the property. This type of deed does not provide warranties or guarantees against any claims or issues that may have existed prior to the husband and wife's ownership. There are three main types of Broken Arrow Oklahoma Special Warranty Deed from Husband and Wife to Individual: 1. General Special Warranty Deed: This type of special warranty deed offers the broadest protection to the buyer, guaranteeing that the husband and wife sellers will defend the title against any claims arising from both their ownership and the previous owners. 2. Special Warranty Deed with Exceptions: This type of special warranty deed provides similar assurances as a general special warranty deed but includes specific exceptions or exclusions mentioned in the deed. These exceptions typically relate to known defects, liens, or encumbrances that the husband and wife sellers are aware of and are not responsible for. 3. Special Warranty Deed in Lieu of Foreclosure: This type of special warranty deed is commonly used in foreclosure situations. It allows the husband and wife sellers to transfer the property to an individual without going through a full foreclosure process. The special warranty deed in lieu of foreclosure assures the buyer that the husband and wife sellers have not encumbered the property with any additional liens or claims during their ownership. In conclusion, a Broken Arrow Oklahoma Special Warranty Deed from Husband and Wife to Individual transfers property ownership while offering limited warranties against defects occurring during the husband and wife's ownership period. It is essential to consult with a qualified real estate attorney or legal professional to ensure the accurate preparation and execution of these specialized deeds.Broken Arrow Oklahoma Special Warranty Deed from Husband and Wife to Individual is a legal document that transfers property ownership from a married couple to an individual, with certain assurances regarding the property's legal status and potential claims. This type of deed provides limited warranties, protecting the buyer against any defects that may have occurred during the time the husband and wife owned the property. The Broken Arrow Oklahoma Special Warranty Deed from Husband and Wife to Individual assures the individual buyer that the husband and wife sellers have the legal right to transfer the property. This type of deed does not provide warranties or guarantees against any claims or issues that may have existed prior to the husband and wife's ownership. There are three main types of Broken Arrow Oklahoma Special Warranty Deed from Husband and Wife to Individual: 1. General Special Warranty Deed: This type of special warranty deed offers the broadest protection to the buyer, guaranteeing that the husband and wife sellers will defend the title against any claims arising from both their ownership and the previous owners. 2. Special Warranty Deed with Exceptions: This type of special warranty deed provides similar assurances as a general special warranty deed but includes specific exceptions or exclusions mentioned in the deed. These exceptions typically relate to known defects, liens, or encumbrances that the husband and wife sellers are aware of and are not responsible for. 3. Special Warranty Deed in Lieu of Foreclosure: This type of special warranty deed is commonly used in foreclosure situations. It allows the husband and wife sellers to transfer the property to an individual without going through a full foreclosure process. The special warranty deed in lieu of foreclosure assures the buyer that the husband and wife sellers have not encumbered the property with any additional liens or claims during their ownership. In conclusion, a Broken Arrow Oklahoma Special Warranty Deed from Husband and Wife to Individual transfers property ownership while offering limited warranties against defects occurring during the husband and wife's ownership period. It is essential to consult with a qualified real estate attorney or legal professional to ensure the accurate preparation and execution of these specialized deeds.
