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

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF DELAWARE WARRANTY DEED [Parent(s) to Child with reserved Life Estate] Control Number – DE - SDEED - 2 NOTE ABOUT COMPLETING THE FORMS The forms in this 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. If you do not see the gray shaded form fields, go 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. The forms are locked which means that the content of the forms cannot be changed. You can only fill in the information in the fields. If you need to make any changes in the body of the form, it is necessary for you “unlock” or “unprotect” the form. IF YOU INTEND TO MAKE CHANGES TO THE CONTENT, DO SO BEFORE YOU BEGIN TO FILL IN THE FIELDS. IF YOU UNLOCK THE DOCUMENT AFTER YOU HAVE BEGUN TO COMPLETE THE FIELDS, WHEN YOU RELOCK, ALL INFORMATION YOU ENTERED WILL BE LOST. To unlock click on “Tools” in the Menu bar and then selecting “unprotect document”. You may then be prompted to enter a password. If so, the password is “uslf”. That is uslf in lower case letters without the quotation marks . After you make the changes relock the document before you being to complete the fields. NOTE ON FILING THIS FORM In Delaware, a Realty Transfer Tax statement must accompany all documents transferring an interest in real property. This form is available for download at: http://www.state.de.us/revenue/taxforms/common_used_forms/rtt-5402.pdf DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Delaware. 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. 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 OF 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. Space above for Recording Information Only Parcel Number:       Prepared By: Name:       Street Address:       City, State, Zip:       Return to: Name:       Street Address:       City, State, Zip:       WARRANTY DEED (Reserved Life Estate) 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 and convey unto ________________________ , an individual, hereinafter “Grantee”, whether one or more, the following lands and property, together with all improvements located thereon, lying in the County of ____________ , City of __________________ , State of Delaware, to-wit: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       Warranty Deed Page 1 of 3 SUBJECT to Life Estates retained by ____________________________________ and ____________________________________ , Grantors, to run consecutively. It being the intention of the Grantors that the ending of one Life Estate shall in no way affect the remaining Life Estate. LESS AND EXCEPT all oil, gas and minerals, on and under the above described property owned by Grantor(s), if any, which are reserved by Grantor(s). SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. The property herein conveyed is not a part of the homestead of Grantor(s), or is part of the homestead of Grantor(s) and the conveyance is joined by both Husband and Wife. WITNESS Grantor(s) hand(s) this the ______ day of ____________ , 20 ______ . Sealed and Delivered in the presence of : Sign: {SEAL}       Party of First Part Type or Print Name       Type or Print Name Sealed and Delivered in the presence of : Sign: {SEAL}       Party of Second Part Type or Print Name       Type or Print Name State of Delaware County of ______________________ ______________________ (date) Warranty Deed Page 2 of 3 The foregoing instrument was acknowledged before me this ______ (date) ______ by ______________________ and ______________________ (name of persons acknowledged). My Commission Expires ______________________ . Witness my hand and official seal. _________________________________ Notary Public Print Name: ______________________ (Seal, if any) Grantor(s) Name, Address and phone: Grantee(s) Name, Address and Phone:                                                             Warranty Deed Page 3 of 3 EXHIBIT A       Warranty Deed Exhibit A