Understanding the Different Types of Deeds Available in Arizona

Arizona’s real estate market is governed by specific property laws that establish the framework for transferring ownership. At the core of these transactions are deeds. These are legal instruments essential for documenting changes in title. Understanding the main types of deeds helps both buyers and sellers approach property transfers with confidence and certainty.

Overview of Deeds: In Arizona, the most common types of deeds include:

• Warranty Deed: Provides the greatest level of protection for buyers by ensuring a clear title and holding the seller accountable for any title defects.

• Special Warranty Deed: Affords limited assurances, covering only issues that arose during the current seller’s period of ownership.

• Quitclaim Deed: Conveys any interest held by the grantor without warranties; the grantee assumes all risks associated with potential title defects. This deed is commonly used among family members or to resolve ambiguities in ownership.

• Deed of Trust: Serves as a security instrument in loan agreements, involving a borrower, lender, and trustee. The trustee retains title to the property until the underlying loan is satisfied.

• Beneficiary Deed: Facilitates the direct transfer of property to named beneficiaries upon the owner’s death, thereby bypassing probate. This deed may be revoked at any time prior to the owner’s passing.

  
  

Each type of deed offers distinct protections and responsibilities. Selecting the appropriate deed is pivotal for safeguarding legal rights and fulfilling obligations. For further guidance on which deed best suits your situation, please contact our office.*

*Please note: Arizona's Legal Document Preparer Program certifies individuals to assist with legal documents for those without an attorney. Preparers may offer general legal information but not legal advice.