Fill and Sign the Grant Deed Trust to an Individual Arizona Form

© 2012- U.S. Legal Forms, Inc.       ARIZONA GRANT DEED [Trust to Individual] Control Number: AZ-048-78 I. TIPS ON COMPLETING THE FORMS The form(s) in this packet may contain “form fields” created using Microsoft Word or Adobe Acrobat (“.pdf” format). “Form fields” facilitate completion of the forms using your computer. They do not limit your 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 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. The form was created to function in this manner. II. AFFIDAVIT OF PROPERTY VALUE See form and instructions at: http://www.revenue.state.az.us/Forms/Property/82162f.pdf A.R.S. §§ 11-1133 and 11-1137(B) require all buyers and sellers of real property or their agents to complete and swear to this Affidavit. The data supplied by this form allows the Arizona Department of Revenue and County Assessors to develop tables and schedules for the uniform valuation of properties based on fair market value. A.R.S. § 11-1134 exempts certain transfers from completion of the Affidavit of Property Value and the $2.00 filing fee. See the list of exemption codes below. If the transfer meets the criteria for an exemption, do not complete the Affidavit. Instead, please post the Statute Number and Exemption Code on the face of the Deed, in the space provided immediately beneath the Legal Description. For example, if Exemption Code B3 is applicable, the proper exemption notation would be A.R.S. 11-1134 B3 . Unless exempt, carefully complete the Affidavit, sign, notarize and submit it to the County Recorder. LIST OF EXEMPTION CODES (A.R.S. § 11-1134) A1. A deed that represents the payment in full or forfeiture of a recorded contract for the sale of real property. A2. A lease or easement on real property, regardless of the length of the term. A3. Sales to or from government: “A deed, patent or contract for the sale or transfer of real property in which an agency or representative of the United States , this state, a county, city or town of this state or any political subdivision of this state is the named grantor, and authorized seller, or purchaser.” A4. A quitclaim deed to quiet title as described in A.R.S. § 12-1103, subsection B. A5. A conveyance of real property that is executed pursuant to a court order. A6. A deed to an unpatented mining claim. A7. A deed of gift. B1. A transfer solely in order to provide or release security for a debt or obligation, including a trustee’s deed pursuant to power of sale under a deed of trust. B2. A transfer that confi rms or corrects a deed that was previously recorded. B3. A transfer between husband and wife, or parent and child with only nominal actual consideration for the transfer. B4. A transfer of title on a sale for delinquent taxes or assessments. B5. A transfer of title on partition. B6. A transfer of title pursuant to a merger of corporations. B7. A transfer by a subsidiary corporation to its parent corporation for no consideration or nominal consideration or in sole consideration for canceling or surrendering the subsidiary’s stock. B8. A transfer from a person to a trustee or from a trustee to a trust benefi ciary with only nominal consideration for the transfer. B9. A transfer of title to and from an intermediary for the purpose of creating a joint tenancy estate or some other form of ownership. B10. A transfer from a husband and wife or one of them to both husband and wife to create an estate in community property with right of survivorship. B11. A transfer from two or more persons to themselves to create an estate in joint tenancy with right of survivorship. B12. A transfer pursuant to a beneficiary deed with only nominal actual consideration for the transfer. III. DISCLOSURE OF BENEFICIARY(IES) OF A TRUST IF TRUSTEE IS GRANTOR OR GRANTEE. Arizona Statutes § 33-404 requires the disclosure of beneficiaries in any deed where the trustee is acting as grantor or grantee. See Exhibit B attached to the Grant Deed. III. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Arizona. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem, we suggest that you consult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U.S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OR PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Prepared by:       After Recording, Return to:                         GRANT DEED [Trust to Individual] 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: GRANTOR :       , as Trustee under the provisions of a trust agreement dated       and known as the       Trust, does hereby grant and convey unto GRANTEE :       , an individual, whose address is       , the following lands and property, together with all improvements located thereon, lying in the County of       , State of Arizona, to-wit: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       Grant Deed Page 1 of 2 Affidavit of Property Value: Attached hereto as Exhibit B Exempt – Statute No. ____________ and Exemption Code ____________ SUBJECT TO: Current taxes, assessments, reservations in patents and all easements, rights of way, encumbrances, liens, covenants, conditions and restrictions as may appear of record. And Grantor does warrant the title against all persons whomsoever, subject to the matters above set forth. IN WITNESS WHEREOF, the Grantor, acting in his capacity as Trustee of the       Trust, has executed the above instrument on this the       day of       , 20       . Name of Trust:       By: Signature       Type or Print Name State of Arizona, County of       The foregoing instrument was acknowledged before me this       day of       , 20       , by       (signing party), the Trustee of the       Trust, in his capacity as Trustee and on behalf of said Trust. Notary Public       Print or Type Name My Commission Expires:       Grant Deed Page 2 of 2 EXHIBIT A Grantor:       Grantee:       Legal Description:       Grant Deed Exhibit A EXHIBIT B DISCLOSURE OF BENEFICIARIES OF TRUST Name of Trust:       Recorded in the Office of the Recorder of Deeds for       County, Arizona , in Book       , at Page(s)       ; Document No.       . The Beneficiary or Beneficiaries of the Trust is/are: Name:       Address:       City, State, Zip:       Name:       Address:       City, State, Zip:       Name:       Address:       City, State, Zip:       Name:       Address:       City, State, Zip:       Name:       Address:       City, State, Zip:       Date:       Signature of Trustee       Print or Type Name State of Arizona , County of       The foregoing instrument was acknowledged before me this       day of       , 20       , by       . Notary Public My Commission Expires:             Print or Type Name Grant Deed Exhibit B Grant Deed Exhibit B