#Hpw to read real estate conveyance free

Special warranty deeds can also be used and will include the same guarantee from the grantor. If you’re buying property, you would obviously like to get guarantees that your investment in the property will not be challenged by other parties. This provides the grantee (buyer) the assurance that they can take ownership of the property without any parties making claims to it.

#Hpw to read real estate conveyance free

The deed includes a guarantee from the grantor (seller) that they hold the title free and clear without any encumbrances on the property. General Warranty Deed in ArizonaĪ general warranty deed is the most common type of deed used when real property is purchased. There are additional regulations for the grantee if they are a business operating in Arizona, but failure to follow these rules at the time of sale will not impact the validity of the transfer of title. The deed must be signed by the grantor and notarized by an authority granted those duties in the state. All transfers of property in Arizona must be in writing. Arizona Law on Real Property Deed ConveyanceĪrizona Revised Statutes § 33-401 lays out the formal requirements for conveyance of property.

Here are the key points of conveying title to real property in Arizona and the differences between the deeds. In the state of Arizona, there are four types of deeds that can be used to transfer real estate from one person or entity to another. A deed will be used every time there is a transfer of ownership in real property.