
Arizona Grant Deed Form


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People also ask
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What are the disadvantages of a grant deed?
The grant deed states that there have been no title problems while the grantor has owned the property. However, it does not guarantee that the property is free of title defects that happened before the grantor acquired the title. These defects may include: An error in public records.
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What's the difference between a quitclaim deed and a grant deed?
The fundamental difference is that a Grant Deed ensures the grantor has a legal interest in the property, while a Quitclaim Deed releases only the potential interest one might have in a property without any warranties.
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Is a grant deed the same as a gift deed?
Gift Deed – A gift deed is a special type of grant deed that “gifts” ownership of real property interest to another person or entity. This deed is different from a standard grant deed because it specifically designates that the transfer was not subject to a sale, and the grantor received no monetary compensation.
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What is the difference between grant deed and quitclaim deed?
The fundamental difference is that a Grant Deed ensures the grantor has a legal interest in the property, while a Quitclaim Deed releases only the potential interest one might have in a property without any warranties.
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What is another name for a grant deed?
A grant deed, also known as a limited warranty deed or special warranty deed, is a legal document that transfers real estate ownership from a seller to a buyer.
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What is a grant deed used for?
Grant Deeds are used to transfer title of real property. This is done at the time of purchase and can be later recorded to add or remove individual's names after purchase. This is known as the “title” document.
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What is a grant deed in Arizona?
A grant deed transfers your ownership and implies certain promises—that the title hasn't already been transferred to someone else or been encumbered, except as set out in the deed. This is the most commonly used kind of deed, in most states.
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What's the difference between a trust deed and a grant deed?
A Grant Deed is an instrument that reflects a change in ownership of real property. A Deed of Trust is an instrument that secures a debt to real property.
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