This form is a Warranty Deed where the grantor is an individual and the grantee is a trust. Upon ordering, you may download the form in Word, Rich Text or Wordperfect formats.
Indiana Warranty Deed from Individual to a Trust
Category:
State:
Indiana
Control #:
IN-015-77
Format:
Word;
PDF;
Rich Text
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FAQ
Discuss the terms of the deed with the new owners. Hire a real estate attorney to prepare the deed. Review the deed. Sign the deed in front of a notary public, with witnesses present. File the deed on public record.
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.
Retrieve your original deed. Get the appropriate deed form. Draft the deed. Sign the deed before a notary. Record the deed with the county recorder. Obtain the new original deed.
Signing (§ 32-21-2-3) All deed must be executed by one of the following: judge, clerk of a court of record, county auditor, county recorder, notary public, mayor of a city in Indiana or any other state, commissioner appointed in a state other than Indiana by the governor of Indiana, clerk of the city county council
No law forbids adding someone to your mortgaged home's deed or in signing your home over to others through one. Mortgage lenders understand deeds, though, and use loan due-on-sale clauses to prevent unauthorized property sales or transfers.
Locate the prior deed to the property. Create the new deed. Sign the new deed. Record the original deed.
An Indiana quitclaim deed is a legally binding document that allows a property's owner to sell or transfer the real estate to another party, a buyer, without any promise about the title.
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.