This form is a Special Warranty Deed where the Grantor is a Corp. and the Grantees are husband and wife / two individuals. Grantor conveys and specially warrants the described property to the Grantees. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.
Allegheny Pennsylvania Special Warranty Deed from Corp. to Husband and Wife/Two Individuals is a legal document used to transfer property ownership from a corporation to a married couple or two individuals. This type of deed provides a limited guarantee of title, offering specific protections and assurances to the recipients. Keywords: Allegheny Pennsylvania, Special Warranty Deed, Corp., Husband and Wife, Two Individuals, property ownership, transfer, legal document, limited guarantee, protections, assurances. There are different variations of the Allegheny Pennsylvania Special Warranty Deed from Corp. to Husband and Wife/Two Individuals, including: 1. Allegheny Pennsylvania Special Warranty Deed from Corporation to Husband and Wife/Two Individuals with Mortgage: This type of deed transfers property ownership to a married couple or two individuals while also acknowledging and assigning any outstanding mortgage or lien on the property. 2. Allegheny Pennsylvania Special Warranty Deed from Corporation to Husband and Wife/Two Individuals without Warranty Covenants: In this variation, the deed only guarantees the title to the property against defects that may have occurred during the corporation's ownership. However, it does not protect against any potential issues that existed before the corporation acquired the property. 3. Allegheny Pennsylvania Special Warranty Deed from Corporation to Husband and Wife/Two Individuals with Life Estate: This type of deed grants the married couple or two individuals the right to possess and enjoy the property for the duration of their lifetime. After their passing, the property reverts to the corporation or any designated heirs. 4. Allegheny Pennsylvania Special Warranty Deed from Corporation to Husband and Wife/Two Individuals with Joint Tenancy: This variation establishes joint ownership of the property between the married couple or two individuals. If one owner passes away, the surviving owner automatically inherits the deceased owner's share. 5. Allegheny Pennsylvania Special Warranty Deed from Corporation to Husband and Wife/Two Individuals with Tenants in Common: This type of deed allows for co-ownership of the property, where each individual has a distinct, undivided share. In the event of an owner's death, their share is transferred based on their will or applicable laws of inheritance. Regardless of the specific variation, the Allegheny Pennsylvania Special Warranty Deeds from Corp. to Husband and Wife/Two Individuals provide a legal framework for the transfer of property ownership while ensuring certain limited protections and assurances for the recipients.
