Warranty Deed
(Statutory) (Commercial Transaction) (AZ)

Summary

This warranty deed may be used by a seller/grantor to transfer title to Arizona commercial real estate to a buyer/grantee. This template presumes a transaction between two business entities. This template includes practical guidance, drafting notes, and optional clauses. An Arizona deed must be in writing, signed by the grantor, acknowledged, and delivered. See Ariz. Rev. Stat. §§ 33-401(A) and (B). This warranty deed template contains the conveyance language in the statutory form of warranty deed found in Ariz. Rev. Stat. §§ 33-402(2) and (3) and incorporates additional deed requirements mandated by other Arizona statutes relating to the form and content of deeds submitted for recording in the state. In the case of a bank or business entity, the deed should include the state in which the grantee is incorporated, organized, licensed, chartered, or registered, together with the name of the country under which the grantee was formed (though in practice "United States of America" is often not included for a domestic organization and the validity of the deed is not affected by this omission). See Ariz. Rev. Stat. § 33-401(C). For a statutory form of Arizona quitclaim deed, see Ariz. Rev. Stat. § 33-402(1). For more information on deeds in general, see Types of Deeds and Key Provisions. See also Thompson on Real Property, Thomas Editions § 82.04, and Powell on Real Property § 81A.03. For templates of other deeds to use in commercial transactions in Arizona, see Special Warranty Deed (Commercial Transaction) (AZ), General Warranty Deed (Commercial Transaction) (AZ), and Quitclaim Deed (Commercial Transaction) (AZ). For templates of deeds to use in residential transactions in Arizona, see General Warranty Deed (Residential Transaction) (AZ), Special Warranty Deed (Residential Transaction) (AZ), and Quitclaim Deed (Residential Transaction) (AZ). For information on ownership structure, see Choice of Ownership Structure of Real Property (AZ). For information on recording real property documents in Arizona, see Recording Procedures (AZ). For a full listing of key content covering purchasing and selling commercial real estate, see Purchasing and Selling Commercial Real Estate Resource Kit. See also Junior Associate Real Estate Resource Kit (Commercial Purchase and Sale). For a full listing of key content covering purchasing and selling residential real estate, see Purchasing and Selling Residential Real Estate Resource Kit. For a list of key resources covering real estate-related tasks for associates, in-house attorneys, and interns, see First Year Associate Resource Kit: Real Estate, Summer Associate Resource Kit: Real Estate, In-House Real Estate Resource Kit, and Federal Government Summer Intern Resource Kit: Real Estate.