Special Warranty Deed Personal Representative to Individual Colorado Form
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People also ask
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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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How do I transfer a property title to a family member in Colorado?
The grantor must clearly identify the property being transferred and sign the deed in the presence of a notary public. The deed must then be filed with the county clerk and recorder's office in the county where the property is located. This ensures the transfer is recorded and accessible for public records.
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What power does a personal representative have in Colorado?
A personal representative has the following general responsi- bilities: • Collecting and inventorying the assets of the estate; • Managing the assets of the estate during the probate process; • Paying bills, creditors and taxes; • Making distributions to the heirs or devisees of the es- tate; and • Closing the estate ...
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How to get a personal representative deed in Colorado?
Meet with an Attorney Having a personal representative's deed is an important step in administering an estate and it is a very specific type of deed that should be drafted by an experienced Colorado probate attorney.
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How do I change the name on my property title deed in Colorado?
A change of name can only be done by a deed. The Assessor's Office will make the name change after the deed is recorded with the County Clerk and Recorder's Office. A name change could be due to a transfer of ownership of the property or death or marriage.
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What is a personal representative's deed in Colorado?
A Personal Representative's deed, or PR deed, is a tool used to transfer title of real estate out of an estate. It is very similar to a quitclaim deed, only the person transferring the ownership of the property is the executor of an estate instead of the actual owner.
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What is the difference between an executor and a personal representative?
Warranty Deed: A Warranty Deed is arguably the most common type of deed used in Colorado real estate transactions, and generally provides the greatest level of protection for a buyer, as the seller “warrants the title to the [property]” without exception.
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