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This document is a Special Warranty Deed in which Regions Bank conveys property to the City of Jonesboro in Craighead County, Arkansas. It outlines the consideration for the transaction, the properties included in the conveyance, and includes acknowledgments from notaries and other official certifications.

How to fill out special warranty deed

How to fill out special warranty deed

1. Obtain a special warranty deed form from a legal supplier or an online resource.
2. Enter the date of the deed at the top of the document.
3. Fill in the name of the grantor (the seller) and the grantee (the buyer).
4. Provide a legal description of the property being transferred.
5. Include any consideration amount - the price paid for the property.
6. Include a statement of warranty, specifying that the grantor only warrants against defects that arose during their ownership.
7. Have the grantor sign the deed in front of a notary public.
8. Record the deed with the appropriate local government office to make it official.

Who needs special warranty deed?

1. Individuals or entities transferring property ownership and wishing to limit their liability for title defects to only those that occurred during their period of ownership.
2. Buyers looking for an assurance that no title issues exist from the grantor's ownership.
3. Real estate professionals involved in property transactions.

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What is special warranty deed?

A special warranty deed is a type of property deed where the grantor guarantees that they hold clear title to the property during their ownership and that there were no encumbrances or claims against the property during that time.

Who is required to file special warranty deed?

Typically, the grantor, or person transferring the property, is responsible for filing the special warranty deed with the appropriate government office such as the county recorder.

How to fill out special warranty deed?

To fill out a special warranty deed, you need to provide the names of the parties involved, a legal description of the property, the date of the transfer, and the signatures of the grantor along with notarization.

What is the purpose of special warranty deed?

The purpose of a special warranty deed is to provide a level of protection for the grantee by ensuring that the grantor defends the title against claims made during their ownership, but not for claims arising before that time.

What information must be reported on special warranty deed?

The information that must be reported on a special warranty deed includes the names of the grantor and grantee, the legal description of the property, the date of the transaction, and any relevant encumbrances.