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VA Deed-Gift (Special Warranty) 1

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  • Virginia
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VA Deed-Gift (Special Warranty) 1

Prepared By____________________

                 ______________________

                 ______________________
                 Bar Number

Consideration:
Assessed Value:
Tax ID or GPIN Number:
Title insurance provided by:

This deed is exempt from recordation taxes pursuant to §58.1-811D of the Code of Virginia, 1950, as amended.

THIS DEED OF GIFT, made and entered into this _____ day of _________________, 20_____, by and between DONOR, [marital status], Grantor, party of the first part, and DONEE, [marital status], Grantee, party of the second part, whose address is [address],

WITNESSETH:

That for and in consideration of the sum of ___________________________ DOLLAR ($____________ ) cash in hand paid, the receipt of which is hereby acknowledged by the party of the first part, [or, for and in consideration of the natural love and affection Donor bears for Donee,] the said party of the first part does hereby give, grant and convey with SPECIAL WARRANTY OF TITLE unto the said Donee the following described real estate, with improvements thereon and appurtenances t hereunto pertaining, to-wit:

[here insert property description]

[Include Joinder by Non-owning Spouse if applicable; Spouse, the non-owning spouse of the Grantor, joins in this deed of gift for the sole purpose of consenting to this conveyance and waiving any right to claim that the property hereby conveyed be included in any augmented estate created by §64.2-305 of the Code of Virginia, 1950, as amended. Spouse specifically does not assume or agree to be bound by any covenants or warranties herein contained.]

WITNESS the following signature and seal:

______________________________________ (SEAL) Donor

______________________________________ (SEAL) Spouse

[Acknowledgment]

 

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