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Arizona Warranty Deed - Trust to a Limited Liability Company

Az Warranty Deed

Name: Arizona Warranty Deed - Trust to a Limited Liability Company
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.74 (389 reviews)

Category:

Arizona Real Estate - Deeds - Warranty

State:

Arizona

Control #:

AZ-042-78

Format:

Instant download

Description

This form is a Warranty Deed where the Grantor is a Trust and the Grantee is limited liability company. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.

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How to fill out Arizona Warranty Deed - Trust To A Limited Liability Company?

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FAQ

In order to make the Warranty Deed legally binding, the Seller needs to sign it front of a notary public. Then signed and notarized deed must be filed at the city or county office for recording property documents. Before filing with this office all previously billed property taxes must be paid in full.

Contrary to normal expectations, the Deed DOES NOT have to be recorded to be effective or to show delivery, and because of that, the Deed DOES NOT have to be signed in front of a Notary Public. However, if you plan to record it, then it does have to be notarized as that is a County Recorder requirement.

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.

Locate your current deed. Use the proper deed. Check with your title insurance company and lender. Prepare a new deed. Sign in the presence of a notary. Record the deed in the county clerk's office. Locate the deed that's in trust. Use the proper deed.

The function of a trustee's deed is to transfer real property out of a trust. In Arizona, a separate form, called a Trustee's Deed Upon Sale, is used in cases of foreclosure to transfer real property under a deed of trust to a grantee who has purchased the property at public auction.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

Locate the Prior Deed to the Property. Get a New Deed to the Property. Sign and Notarize the New Deed. Record the New Deed in the Land Records.

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

Az Warranty Deed

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How do I transfer property to a trust in Arizona?

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