This form is a Warranty Deed where the grantor is an individual and the grantee is a trust. Grantor conveys and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A Seattle Washington Warranty Deed from an Individual to a Trust is a legal document used to transfer real property ownership from an individual to a trust in Seattle, Washington. This type of deed ensures that the individual transferring the property has the legal authority to do so and guarantees that they will defend the title against any potential claims. The deed includes various elements such as the names and addresses of the granter (the individual transferring the property) and the grantee (the trust), a description of the property being transferred, and a statement asserting the granter's legal ownership and intent to transfer the property to the trust. It also contains a guarantee or warranty by the granter that they hold clear and marketable title to the property, meaning there are no outstanding liens, encumbrances, or disputes that could affect the new owner's rights. Seattle Washington Warranty Deed from Individual to a Trust can have different types depending on the specific purpose or situation. Some common types of warranty deeds used in Seattle, Washington include: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the grantee as it guarantees that the granter will defend the title against any claims, even those arising before the granter acquired the property. 2. Special Warranty Deed: In contrast to a general warranty deed, a special warranty deed only guarantees that the granter will defend the title against claims arising during their ownership period. Claims that existed before the granter acquired the property may not be covered. 3. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed is often used when transferring property to a trust. Unlike a warranty deed, a quitclaim deed does not provide any guarantees or warranties regarding the title. It simply transfers the granter's interest or claim (if any) to the grantee without making any promises about the property's status. It is crucial to consult with a qualified attorney or real estate professional when drafting or executing a Seattle Washington Warranty Deed from Individual to a Trust to ensure that all legal requirements are met and the transfer of property rights is valid and enforceable.
