A Phoenix Arizona Warranty Deed for Surface and Mineral Interests is a legal document used in real estate transactions to transfer ownership of both the surface and mineral rights of a property in Phoenix, Arizona. This warranty deed guarantees that the granter (seller) has the legal right to transfer the property and guarantees the property's title against any claims, encumbrances, or defects. In Phoenix, Arizona, there are primarily two types of Warranty Deeds related to surface and mineral interests: 1. General Warranty Deed: A General Warranty Deed in Phoenix, Arizona, is the most common form used to transfer surface and mineral interests. This type of deed provides the highest level of protection for the grantee (buyer) as it guarantees ownership against any title issues that may arise from the property's past. The granter promises to defend the grantee's ownership rights and compensate for any losses that may occur. 2. Special Warranty Deed: A Special Warranty Deed, also known as a Limited Warranty Deed, is another type of deed used in Phoenix, Arizona, for transferring surface and mineral interests. Unlike a General Warranty Deed, a Special Warranty Deed only guarantees the title against claims or defects that occurred during the granter's ownership. It offers a more limited level of protection compared to a General Warranty Deed. Both types of Warranty Deed for Surface and Mineral Interests in Phoenix, Arizona, require specific information to be included. This typically includes the names and addresses of the granter and grantee, a legal description of the property, the purchase price, and any additional terms or conditions agreed upon by both parties. It's important to consult with a qualified real estate attorney or professional when dealing with Phoenix Arizona Warranty Deeds for Surface and Mineral Interests to ensure all legal requirements are met, and the transfer of ownership is properly executed.
Phoenix Arizona Warranty Deed for Surface and Mineral Interests
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