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Arizona Warranty Deed for a Condominium from Two Individuals to Two...

Arizona Warranty Deed

Name: Arizona Warranty Deed for a Condominium from Two Individuals to Two Individuals
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.85 (367 reviews)

Category:

Arizona Real Estate - Deeds - Warranty

State:

Arizona

Control #:

AZ-068-78

Format:

Instant download

Description

This form is a Warranty Deed for a Condominium where the Grantors are two individuals and the Grantees are two Individuals. Grantors convey and warrant the described property to the Grantees. This deed complies with all state statutory laws.

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How to fill out Arizona Warranty Deed For A Condominium From Two Individuals To Two Individuals?

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FAQ

Quitclaim Deed. Deed of Trust. Warranty Deed. Grant Deed. Bargain and Sale Deed. Mortgage Deed.

An assumption warranty deed is a general or special warranty deed that has an additional provision.This provision differs from the mortgage assumption in that the assumption deed obligates the buyer to the seller, whereas the mortgage assumption obligates the buyer to the lender.

A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects. Most property sales make use of a warranty deed.Our title agents can help.

A property deed, or house deed, is a legal document that transfers ownership of real estate from the grantor (seller) to the grantee (buyer). Property deeds are the legal tool of defining ownership. When a property or house is sold, the buyer and seller sign the deed to transfer ownership.

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.

To officially prove ownership of a property, you will require Official Copies of the register and title plan; these are what people commonly refer to as title deeds because they are the irrefutable proof of ownership of a property. Note, this only applies to registered property.

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.

A deed of assumption is a single deed that includes both the language of a general warranty or other deed along with the acknowledgement that the buyer is taking over the mortgage on the property.

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

Arizona Warranty Deed

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How to fill out Arizona Warranty Deed For A Condominium From Two Individuals To Two Individuals?

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FAQ

What are the four types of deeds?

What is an assumption warranty deed?

Is a warranty deed the same as a title?

What document proves ownership of real estate?

What is the difference between a deed and a warranty deed?

How do you prove ownership of property?

Does a deed guarantee ownership?

What does assumption warranty deed mean?

Does a warranty deed prove ownership?

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