This form is a Fiduciary Deed where the grantor may be an executor of will, trustee, guardian, or conservator.
This form is a Fiduciary Deed where the grantor may be an executor of will, trustee, guardian, or conservator.
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Idaho Code 68 105 defines the transfer procedures and powers granted to fiduciaries. It guides how fiduciaries may manage and convey property, ensuring compliance with state laws. This information is vital for Executors, Trustees, Trustors, Administrators, and other Fiduciaries managing estates.
Three basic types of deeds commonly used are the grant deed, the quitclaim deed, and the warranty deed. A sample grant deed. the property he or she is transferring is implied from such language.
The words with fiduciary covenants means the seller promises to the buyer that he or she is duly appointed, qualified and acting in his or her fiduciary capacity, is duly authorized to make the sale and convey the property to buyer.
A fiduciary deed is for use by a fiduciary such as an executor or administrator of an estate or a trustee of a trust. In this type of deed there is a warranty, but only as a fiduciary. A fiduciary does not own the property, rather they essentially manage it for another.
The General Warranty Deed. A general warranty deed provides the highest level of protection for the buyer because it includes significant covenants or warranties conveyed by the grantor to the grantee. The Special Warranty Deed. The Bargain and Sale Deed. The Quitclaim Deed.