Broward Florida Warranty Deed for Surface with Limited Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• County: Broward
• Control #: US-OG-320
• Format: Word; Rich Text

Description

This form of deed conveys the surface estate in existing lands pursuant to a contract of sale. A warranty deed is a legal document used in real estate transactions to transfer the ownership of a property from one party to another. Specifically focusing on Broward County, Florida, the Broward Florida Warranty Deed for Surface with Limited Warranty is a particular form of warranty deed used in this area. The Broward Florida Warranty Deed for Surface with Limited Warranty guarantees the transfer of the surface rights of a property from the granter (seller) to the grantee (buyer) while providing limited warranties related to the property's title. This type of warranty deed assures the buyer that the granter holds legal title to the property and has the right to sell it. However, it has limitations on the extent of warranties associated with the title. Within Broward County, multiple variations of warranty deeds may exist, tailored to meet specific requirements or address particular scenarios. Some such variations include: 1. Broward Florida Warranty Deed for Surface with Limited Warranty and Right of Survivorship: In this type of warranty deed, the grantee obtains the surface rights to the property with limited warranties, and in the event of the granter's death, the property automatically passes to the surviving spouse or designated beneficiary. 2. Broward Florida Warranty Deed for Surface with Limited Warranty and Life Estate: This warranty deed grants the grantee the surface rights to the property with limited warranties during the lifetime of the granter. Upon the granter's passing, the property transfers to a remainder man, as specified in the deed. 3. Broward Florida Warranty Deed for Surface with Limited Warranty and Homestead Exemption: This warranty deed is designed to protect the granter's homestead, providing limited warranties to the buyer while ensuring eligibility for property tax exemptions based on the property's status as a homestead. In Broward County, these are just a few examples of warranty deeds for surface rights with limited warranties, as there may be further variations tailored to specific circumstances or legal requirements. It is crucial for both parties involved in a real estate transaction to thoroughly understand the terms and conditions outlined in the warranty deed before completing the transfer of property. Consulting with a professional, such as a real estate attorney or title company, is advised to ensure a smooth and legally sound transfer of ownership.

A warranty deed is a legal document used in real estate transactions to transfer the ownership of a property from one party to another. Specifically focusing on Broward County, Florida, the Broward Florida Warranty Deed for Surface with Limited Warranty is a particular form of warranty deed used in this area. The Broward Florida Warranty Deed for Surface with Limited Warranty guarantees the transfer of the surface rights of a property from the granter (seller) to the grantee (buyer) while providing limited warranties related to the property's title. This type of warranty deed assures the buyer that the granter holds legal title to the property and has the right to sell it. However, it has limitations on the extent of warranties associated with the title. Within Broward County, multiple variations of warranty deeds may exist, tailored to meet specific requirements or address particular scenarios. Some such variations include: 1. Broward Florida Warranty Deed for Surface with Limited Warranty and Right of Survivorship: In this type of warranty deed, the grantee obtains the surface rights to the property with limited warranties, and in the event of the granter's death, the property automatically passes to the surviving spouse or designated beneficiary. 2. Broward Florida Warranty Deed for Surface with Limited Warranty and Life Estate: This warranty deed grants the grantee the surface rights to the property with limited warranties during the lifetime of the granter. Upon the granter's passing, the property transfers to a remainder man, as specified in the deed. 3. Broward Florida Warranty Deed for Surface with Limited Warranty and Homestead Exemption: This warranty deed is designed to protect the granter's homestead, providing limited warranties to the buyer while ensuring eligibility for property tax exemptions based on the property's status as a homestead. In Broward County, these are just a few examples of warranty deeds for surface rights with limited warranties, as there may be further variations tailored to specific circumstances or legal requirements. It is crucial for both parties involved in a real estate transaction to thoroughly understand the terms and conditions outlined in the warranty deed before completing the transfer of property. Consulting with a professional, such as a real estate attorney or title company, is advised to ensure a smooth and legally sound transfer of ownership.