This form is a Warranty Deed where the Grantors are Two Individuals or Husband and Wife, with one Grantor acting through an attorney-in-fact authorized by a recorded power of attorney, and the Grantees are two individuals or husband and wife. Grantors convey and warrant the described property to Grantees. This deed complies with all state statutory laws.
Indianapolis Indiana Warranty Deed - Two Individuals, or Husband and Wife, as Grantors, One Grantor acting through an attorney in fact, to Two Individuals or Husband and Wife as Grantees.
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State:
Indiana
City:
Indianapolis
Control #:
IN-06-81
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Word;
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How to fill out Indiana Warranty Deed - Two Individuals, Or Husband And Wife, As Grantors, One Grantor Acting Through An Attorney In Fact, To Two Individuals Or Husband And Wife As Grantees.?
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FAQ
A special warranty deed provides assurance that the property's seller owns the property in question and has not faced any title issues during this ownership. A special warranty deed guarantees that the buyer won't face any legal action or title issues as a result of the actions of the property's previous owner.
The Indiana special warranty deed form provides a limited warranty of title. With a special warranty deed, the person transferring the property guarantees that he or she has done nothing that would cause title problems, but makes no guarantees about what might have happened before he or she acquired the property.
Yes you can. This is called a transfer of equity but you will need the permission of your lender.
The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
The only way to forcibly change the ownership status is through a legal action and the resultant court order. However, if an owner chooses to be removed from the deed, it is simply a matter of preparing a new deed transferring that owner's interest in the property.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.
The deed must be signed by the grantors (signatures must be notarized). Record the original deed. The deed should be recorded in the real property records of the county recorder's office in the county where the property is located.
The Indiana 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.
Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.