Phoenix Arizona Warranty Deed for Surface with Limited Warranty

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• City: Phoenix
• 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 ownership of a property from one party to another. In Phoenix, Arizona, a warranty deed for surface with limited warranty is a specific type of warranty deed that provides limited guarantees about the condition and ownership of the surface of the property being transferred. This document is commonly used when the transfer of ownership involves only the surface of the property, excluding any minerals or substances beneath the surface. Keywords: Phoenix, Arizona, warranty deed, surface, limited warranty, real estate, property, ownership, minerals, substances, legal document, guarantees. There are various types of Phoenix Arizona warranty deeds, and each serves different purposes in real estate transactions. Some different types of Phoenix Arizona warranty deeds include: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the buyer as it warrants the title against any defects or claims, both past, and future. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the seller has not caused any defects or claims during their ownership. It does not protect against any issues that may have existed before the seller acquired the property. 3. Quitclaim Deed: A quitclaim deed is often used in situations where the transfer of ownership is between family members or acquaintances. It provides the least amount of protection to the buyer as it does not guarantee the title, but simply transfers the seller's interest or claim to the property. 4. Limited Warranty Deed: A limited warranty deed offers some protection to the buyer, but it is not as comprehensive as a general warranty deed. It warrants that the seller has not caused any defects or claims during their ownership but does not protect against issues that may have existed before the seller acquired the property. When using a Phoenix Arizona warranty deed for surface with limited warranty, it is essential to ensure that all necessary information, such as the legal description of the property, the names of the parties involved, and any specific conditions or limitations, are accurately stated within the document. Seeking legal advice or consulting a real estate professional can be immensely helpful in understanding and properly executing this legal document.

A warranty deed is a legal document used in real estate transactions to transfer ownership of a property from one party to another. In Phoenix, Arizona, a warranty deed for surface with limited warranty is a specific type of warranty deed that provides limited guarantees about the condition and ownership of the surface of the property being transferred. This document is commonly used when the transfer of ownership involves only the surface of the property, excluding any minerals or substances beneath the surface. Keywords: Phoenix, Arizona, warranty deed, surface, limited warranty, real estate, property, ownership, minerals, substances, legal document, guarantees. There are various types of Phoenix Arizona warranty deeds, and each serves different purposes in real estate transactions. Some different types of Phoenix Arizona warranty deeds include: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the buyer as it warrants the title against any defects or claims, both past, and future. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the seller has not caused any defects or claims during their ownership. It does not protect against any issues that may have existed before the seller acquired the property. 3. Quitclaim Deed: A quitclaim deed is often used in situations where the transfer of ownership is between family members or acquaintances. It provides the least amount of protection to the buyer as it does not guarantee the title, but simply transfers the seller's interest or claim to the property. 4. Limited Warranty Deed: A limited warranty deed offers some protection to the buyer, but it is not as comprehensive as a general warranty deed. It warrants that the seller has not caused any defects or claims during their ownership but does not protect against issues that may have existed before the seller acquired the property. When using a Phoenix Arizona warranty deed for surface with limited warranty, it is essential to ensure that all necessary information, such as the legal description of the property, the names of the parties involved, and any specific conditions or limitations, are accurately stated within the document. Seeking legal advice or consulting a real estate professional can be immensely helpful in understanding and properly executing this legal document.