Colorado Warranty Deed from Trust to Two Grantees Form
What makes the colorado warranty deed from trust to two grantees form legally valid?
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People also ask
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What is meant by covenant of warranty?
A covenant of warranty provides that the grantor will protect and defend the grantee against any title claims from third parties. A covenant of warranty may also include a promise from the grantor to compensate the grantee for any losses they may incur from third parties.
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Which type of warranty binds the grantor against encumbrances by said grantor?
A special warranty deed is a deed in which the seller of a piece of property (the grantor) only warrants against problems or encumbrances in the property title that occurred during their ownership.
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Is the grantor bound by several covenants or warranties?
The grantor is generally bound by several covenants, including: The covenant of seizin—the grantor warrants that they own the property and has a legal right to convey it. The covenant against encumbrances—the grantor warrants that the property is free of liens or encumbrances.
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What is the difference between a warranty deed and a special warranty deed in Colorado?
Special Warranty Deed: A Special Warranty Deed is similar to a Warranty Deed in that the seller warrants the property against any defects that arose during the seller's ownership of the property, but differs from a Warranty Deed in that the seller does not warrant against any defects that existed prior to the seller ...
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What is a legally binding promise for which the grantor becomes liable?
With this type of deed, the grantor makes a series of legally binding promises (called covenants) and warranties to the grantee (and their heirs) agreeing to protect the grantee against any prior claims and demands of all persons whomsoever in regards to the conveyed land.
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What kind of deed contains certain warranties or promises by the grantor?
General Warranty Deed — The General Warranty deed is often referred to simply as a warranty deed. It is a deed conveying title where the seller (grantor) makes six covenants or promises to the buyer (grantee) as part of the conveyance.
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How to add spouse to house title in Colorado?
If you want the title in Joint Tenancy with Rights of Survivorship, you will need a completed Department of Revenue form DR 2395 Joint Tenancy Form signed by all parties. You can find this DR2395 Form online at dmv.colorado.gov, or we can provide that Form to you.
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How to file a quitclaim deed in Colorado?
To file a Colorado quitclaim deed form, you must bring your signed and signNowd quitclaim deed to the county clerk where the property is located. Make sure that you bring any required fees as well. Create a Colorado Quit Claim Deed in minutes with our professional document builder.
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