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Arizona Warranty Deed - Trustee to Three Individuals

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Name: Arizona Warranty Deed - Trustee to Three Individuals
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.78 (453 reviews)

Category:

Arizona Real Estate - Deeds - Warranty

State:

Arizona

Control #:

AZ-029-78

Format:

Instant download

Description Arizona Trustee Az

This form is a Warranty Deed where the grantor is a trust and the grantees are three individuals. Grantor conveys and warrants the described property to grantees. The grantees take the property as tenants in common or joint tenants with the right of survivorship. This deed complies with all state statutory laws.

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Warranty Deed Trustee Other Form Names

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Az 029 FAQ

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

Party information: names and addresses of the trustor(s), trustee(s), beneficiary(ies), and guarantor(s) (if applicable) Property details: full address of the property and its legal description (which can be obtained from the County Recorder's Office)

To add a co-owner, the bank would have to create a new home loan agreement, which must be registered after paying the due stamp duty and registration charges. The bank would also insist on making the co-owner a co-borrower in the home loan applicable.

A warranty deed protects property owners from future claims that someone else actually owns a portion (or all) of their property, while trustee deeds protect lenders when borrowers default on their mortgage loans.

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company for you to sign at closing. The title company is commonly the trustee to the deed and holds legal title to the property until the loan gets fully repaid.

A trustee deed offers no such warranties about the title.

1. An association or corporation doing business under the laws of this state as a bank, trust company, savings and loan association, credit union, insurance company, escrow agent or consumer lender. 2. A person who is a member of the state bar of Arizona.

It is possible to be named on the title deed of a home without being on the mortgage. However, doing so assumes risks of ownership because the title is not free and clear of liens and possible other encumbrances. Free and clear means that no one else has rights to the title above the owner.

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Description Arizona Trustee Az

Arizona Trustee Related forms

How to fill out Arizona Warranty Deed - Trustee To Three Individuals?

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Legal Name Title Form popularity

Warranty Deed Trustee Other Form Names

Az 029 FAQ

How do you add a name to a warranty deed?

How do you fill out a deed of trust?

How do I add a joint owner to my property?

Is a trustee's deed a warranty deed?

How do I add my spouse to my warranty deed?

Who prepares a warranty deed?

Can a trustee give a warranty deed?

Who can be a trustee on a deed of trust in Arizona?

Can you add someone to a deed without refinancing?

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