Fill and Sign the Arkansas Warranty Deed for Parents to Child with Reservation of Life Estate Form

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF ARKANSAS WARRANTY DEED [Parent(s) to Child with R eservation of Life Estate] Control Number – AR - SDEED - 2 NOTES ON COMPLETING THESE FORMS The form(s) in th is packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the forms toolbar. Look for the button on the forms toolbar that resembles a “shaded letter “a”. Click in this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances the form field and the line will disappear after information is entered. In other cases it will not. 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Warranty Deed Page 1 of 3 Prepared By and After Recording Return to: Send Tax Statements to Grantee (Name and Address): -------- Above This Line Reserved For Off icial Use Only -------- WARRANTY DEED (Husband and Wife to Child with Reservation of Life Estates) Date: __________________ KNOW ALL MEN BY THESE PRESENTS THAT: FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, ______________________________ and ______________________________ , Husband and Wife, hereinafter referred to as “Grantors”, do hereby grant, bargain, sell, and convey unto ______________________________ , hereinafter “Grantee”, the following lands and property, together with all improvements located thereon, lying in the County of ______________________ , State of Arkansas, to -wit: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description: Warranty Deed Page 2 of 3 Prior instrument ref erence: Book ______ , Page ______ , Document No. ______ , of the Public Records of ______________________ County, Arkansas. SUBJECT to Life Estates retained by ______________________________ and ______________________________ , Grantors, to run consecutively. It is the express intention of the Grantors that the ending of one Life Estate shall in no way affect the remaining Life Estate. SUBJECT to all easements, rights -of-way , protective covenants and mineral reservations of record, if any. TO HAVE AND TO HOLD the same together with all the rights, immunities, privileges and appurtenances to the same belonging unto the said Grantee, and to its successors and assigns, forever ; Grantors hereby covenanting that said premises are free and clear of any encumbrances and that Grantors and the successors, executors, and administrators of Grantors shall and will warrant and defend the title to the premises, unto the said Grantee, and to the successors and assigns of Grantee, against the lawful claims of all persons whomsoever. And I, ________________________ , wife of the said ______________________________ , for and in consideration if the said sum of mone y, do hereby release and relinquish unto the said Grantee all my right of dower and homestead in and to said lands. Taxes for tax year ______ shall be prorated between Grantors and Grantee as of the date selected by Grantor s and Grantee, or paid by Grantee, or paid by Grantors. The property herein conveyed is not a part of the homestead of Grantors, or is part of the homestead of Grantors. WITNESS Gr antor’s hands this the ____ day of ________________ , 20 ____ . (1st Grantor’s Signature) (2nd Grantor’s Signature) Print Name Print Name Warranty Deed Page 3 of 3 State of Arkansas County of __________________ On this day personally appeared before me, a Notary Public, within and for the County and State aforesaid, duly qualified , commissioned and acting, ____________________________________ to me well known as the grantor(s) in the foregoing deed, and stated that ____________________________________ have executed the same for the consideration and purp oses therein mentioned and set forth. Witness my hand and seal on this ______ day of __________________ , 20 ______ . Notary Public, State of ____________ ______ My commission expires: Type or Print Name State of Arkansas County of __________________ On this day personally appeared before me, a Notary Public, within and for the County and State aforesaid, duly qualified, commissioned and acting, ____________________________________ to me well known as the grantor(s) in the foregoing deed, and stated that ____________________________________ have executed the same for the consideration and purposes therein mentioned and s et forth. Witness my hand and seal on this ______ day of __________________ , 20 ______ . Notary Public, State of __________________ My commission expires: Type or Print Name Grantor(s) Name, Address, phone: Grantee(s) Name, Address, phone: SEND TAX STATEMENTS TO GRANTEE Warranty Deed Exhibit A EXHIBIT A