This form is a Warranty Deed where the grantor may be an executor of a will, trustee, guardian, or conservator.
Phoenix Arizona Warranty Deed for Fiduciary
Category:
State:
Arizona
City:
Phoenix
Control #:
AZ-SDEED-6
Format:
Word;
Rich Text
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Description
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How to fill out Arizona Warranty Deed For Fiduciary?
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FAQ
To transfer real property into your Trust, a new deed reflecting the name of the Trust must be executed, notarized and recorded with the County Recorder in the County where the property is located. Care must be taken that the exact legal description in the existing deed appears on the new deed.
Is there an Arizona law that only deeds of trust must be used? No. Arizona law provides for mortgages, and since 1971 Arizona law also provides for deeds of trust. Most mortgage lenders, however, prefer deeds of trust for several reasons.
Quitclaim Deed in Arizona Quitclaim deeds are not often used when the sale of the property is involved for obvious reasons. Quitclaim deeds are much more common when there is a transfer of property from one family member to another or after a divorce.
The Deed of Trust is the primary security document used in Arizona. There are many similarities between the Deed of Trust and the Mortgage, which is what most Iowa property owners are familiar with, but there are significant differences as well, which a prospective owner should be aware of before buying in Arizona.
Arizona Grant Deed Information. A conveyance of land in Arizona is made by a deed in writing, subscribed and delivered by the party granting the estate, or by the granting party's agent, authorized in writing (33-401). The grant deed is similar to a warranty deed but does not include additional guarantees.
The Deed of Trust is the primary security document used in Arizona. There are many similarities between the Deed of Trust and the Mortgage, which is what most Iowa property owners are familiar with, but there are significant differences as well, which a prospective owner should be aware of before buying in Arizona.
Start Deed of Trust StateMortgage allowedDeed of trust allowedArizonaYYArkansasYYCaliforniaYColoradoY47 more rows
The difference between a deed and a deed of trust is the type of ownership interest each document conveys. A deed is a full ownership interest. A deed of trust is a security interest.
The Arizona warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.
Updated . The Arizona trust deed is used when there is a security interest on the property. A lender holding a mortgage on the property uses this type of deed to indicate the interest that they have in the property in the event that the person borrowing the money fails to pay the mortgage as directed.