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Deed For Life Estate
(Note: This is a deed granting the right to use property for the term of their life. Used often for estate planning or probate purposes.)
WARRANTY DEED GRANT OF LIFE ESTATE
[Name], referred to as Grantor, whose address is [Address], herewith sells, bargains, and conveys to [Name], Grantee, who address is [Address], all of the following described real property, located in the State of [State], County of [County].
See Attached Exhibit Marked as "A"
for the term of the Grantee's natural life.
This conveyance shall be subject to that certain mortgage dated [Date] payable to [Name], in the original principal amount of [$------].
This conveyance shall be subject to:
Grantor shall defend the life estate herein granted against any claims, except property taxes for the present year, and any restrictive covenants of record. This conveyance is made with any applicable statutory warranty covenants of the state of [State].
Witness my hand and seal on [Date].
Witnesses as to the signature of Grantor:
Sworn to and subscribed before me by Grantor, who acknowledged execution of this instrument for the purposes set forth herein.
*** If Required By State Law ***
This Section for Notary:
State of _________
County of ________ [County]
On [Date] before me, [Name of Notary], notary, personally appeared [Name of Person(s) Involved], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
Witness my hand and official seal.
My commission expires: _____