Question
Prepare a deed on the basis of the following information. Be sure to attach to it any comments on missing information or information that is
Prepare a deed on the basis of the following information. Be sure to attach to it any comments on missing information or information that is not necessary.
-
Land to be conveyed.
-
Grantors. Mr. and Mrs. Paul S. Smith living in a home on the pictured lot, 4141 Waverly Street, Phoenix, Arizona 85204. They wish property as joint tenants. Mrs. Smiths first name is Helen.
-
Grantees. Mr. and Mrs. Samuel P. Polk, 3232 Holly Drive, Phoenix, Arizona 85204. They wish to own the property as joint tenants. Mrs. Polks first name is Janice.
-
Date of transaction. September 12, 2012.
-
Amount Polks will pay to Smiths. $252,500.00.
-
A neighbor of the Smiths, Thomas Jones, is a notary public who will furnish his services for free. His commission expires September 15, 2015.
-
The Smiths wish to warrant title only for the time they have held the property.
-
The Smiths have lined up their neighbors, Brad Georges and Bill Daves, to witness the transaction.
-
A school water pipeline runs through the back two feet of the property. There are no other easements, encumbrances, unpaid taxes, or liens on the property.
-
The Polks are paying cash
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started