Warranty Deed - Individual Grantor, acting through an attorney-in-fact to Husband and Wife or Two Individuals as Grantees. - Indiana 2025

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The document is a template for an Indiana Warranty Deed, which facilitates the transfer of real estate from an individual to two individuals or a husband and wife. It includes instructions for completing the form, filing suggestions, and a disclaimer regarding the legal use of the forms. The document outlines necessary details such as grantor and grantee information, property description, and requirements for notarization.

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What are the disadvantages of a warranty deed?

Limitations of Warranty Deeds While warranty deeds offer some key benefits, there are also some limitations, such as: A special warranty deed only guarantees that the title is clear of any claims or encumbrances during the time that the grantor owned the property.

Who is 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).

Who can file a warranty deed?

As a property owner and grantor, you can obtain a warranty deed for the transfer of real estate through a local realtors office, or with an online search for a template. To make the form legally binding, you must sign it in front of a notary public.

What are the requirements for a warranty deed in Indiana?

To be valid, each Indiana warranty deed form must meet the requirements of Indiana law. These requirements include valid legal description, statement of consideration, and a description of the manner in which co-owners will hold title, font size and page format requirements, and signature and notarization requirements.

Who prepares a warranty deed?

Who Prepares a Warranty Deed? As a buyer, the grantee, you can hire a real estate lawyer to help you get a warranty deed. However, as a seller, the grantor, you can simply use an online warranty deed template. A warranty deed is generally obtainable through the office of a real estate agent or using an online template.

Who is charged for the preparation of the warranty deed?

In most real estate transactions, the preparation of the warranty deed is charged to the seller, as they are responsible for ensuring that the title is clear and marketable. This responsibility forms part of the sellers closing costs.

Can a non-attorney prepare a deed?

A non-attorney can prepare a document that will be recorded, if that document is self-prepared for the preparers benefit (for instance, a power of attorney) and does not affect the rights of others. A deed could likewise be self-prepared in a situation where it is from grantor to grantors trust or LLC.

Does a warranty deed have to be prepared by an attorney?

When it comes to drafting a warranty deed, its generally best to have an attorney handle it. The reason for this is that warranty deeds are legally binding documents that convey ownership and promise that the title is clear of any undisclosed encumbrances.

Warranty Deed - Individual Grantor, acting through an attorney-in-fact to Husband and Wife or Two Individuals as Grantees. - Indiana 2025

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