Warranty deed grantor 2025

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The document is a Warranty Deed form prepared by U.S. Legal Forms, Inc. for use in the State of Arizona. It provides instructions for completing the form, including the use of Microsoft Word form fields, and includes a disclaimer stating that the forms are provided without warranty and should be used at one's own risk. The document outlines the process for transferring property ownership from a Grantor to a Grantee, detailing necessary signatures, acknowledgments, and legal descriptions of the property involved.

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What is the difference between a grantor and a grantee on a deed?

Property sellers and buyers are grantors and grantees, respectively. The sellers hold the title deed and property rights that they transfer to the buyers once the sale process is complete. Different costs throughout the transfer of title, like title insurance, could add to the overall cost of property purchase.

Is grantor the same as owner?

The grant deed is used when a person who is on the current deed transfers ownership or adds a new owner. The grantor (donor or seller) promises that all rights to the property are being transferredthere are no hidden owners or easements.

What is the difference between a grantor and a grantee in Realpha?

A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments.

Who is the grantor on a warranty deed?

A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property. Most lenders require a warranty deed for properties they finance. The seller of a property is known as the grantor and the buyer is referred to as the grantee.

Who are the grantor and grantee on a warranty deed?

The Definition Of Grantor And Grantee Mortgage agreements: The lender (grantor) provides funds, and the borrower (grantee) receives them. Trusts: The trust creator (grantor) transfers assets to a beneficiary (grantee). Property deeds: The seller (grantor) transfers ownership to the buyer (grantee).