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 Special Warranty Deed is a legally binding document that transfers the ownership of real property from a husband and wife to an individual in Oklahoma City, Oklahoma. This type of deed provides limited assurances and protection to the buyer, also known as the grantee. It guarantees that the granters (husband and wife) have not encumbered the property during their ownership, except for any encumbrances specifically mentioned in the deed. In Oklahoma City, there are two main types of Special Warranty Deeds that can be utilized in the transfer of property ownership from a husband and wife to an individual: 1. Oklahoma City Oklahoma Special Warranty Deed from Husband and Wife to Individual with Encumbrances: This type of Special Warranty Deed specifies any known encumbrances or existing liens on the property, such as mortgages, taxes, or easements that may affect the grantee's ownership rights. The granters provide assurance that they will defend against any claims arising from these encumbrances during their period of ownership. 2. Oklahoma City Oklahoma Special Warranty Deed from Husband and Wife to Individual without Encumbrances: This version of the Special Warranty Deed states that the granters have not encumbered or imposed any liens on the property, apart from those defined in the deed itself. It offers limited protection to the buyer, making the granters responsible only for any claims based on their actions or omissions during their ownership. In both types of Oklahoma City Oklahoma Special Warranty Deeds, the granters (husband and wife) transfer their interests and rights in the property to the grantee, confirming that they have full authority to do so. The deed typically includes detailed information about the property, such as the legal description, address, and any relevant survey data. Additionally, the deed outlines the consideration or payment exchanged for the property transfer. It is crucial to consult with an experienced real estate attorney or professional when executing a Special Warranty Deed to ensure all legal requirements are met, and the transfer of ownership is conducted accurately and successfully.A Special Warranty Deed is a legally binding document that transfers the ownership of real property from a husband and wife to an individual in Oklahoma City, Oklahoma. This type of deed provides limited assurances and protection to the buyer, also known as the grantee. It guarantees that the granters (husband and wife) have not encumbered the property during their ownership, except for any encumbrances specifically mentioned in the deed. In Oklahoma City, there are two main types of Special Warranty Deeds that can be utilized in the transfer of property ownership from a husband and wife to an individual: 1. Oklahoma City Oklahoma Special Warranty Deed from Husband and Wife to Individual with Encumbrances: This type of Special Warranty Deed specifies any known encumbrances or existing liens on the property, such as mortgages, taxes, or easements that may affect the grantee's ownership rights. The granters provide assurance that they will defend against any claims arising from these encumbrances during their period of ownership. 2. Oklahoma City Oklahoma Special Warranty Deed from Husband and Wife to Individual without Encumbrances: This version of the Special Warranty Deed states that the granters have not encumbered or imposed any liens on the property, apart from those defined in the deed itself. It offers limited protection to the buyer, making the granters responsible only for any claims based on their actions or omissions during their ownership. In both types of Oklahoma City Oklahoma Special Warranty Deeds, the granters (husband and wife) transfer their interests and rights in the property to the grantee, confirming that they have full authority to do so. The deed typically includes detailed information about the property, such as the legal description, address, and any relevant survey data. Additionally, the deed outlines the consideration or payment exchanged for the property transfer. It is crucial to consult with an experienced real estate attorney or professional when executing a Special Warranty Deed to ensure all legal requirements are met, and the transfer of ownership is conducted accurately and successfully.
