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Deed For Life Estate

(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 _________________, herewith sells, bargains, and conveys to [NAME], GRANTEE, who address is ______________, all of the following described real property, located in the State of __________, County of ____________.

SEE ATTACHED EXHIBIT A

for the term of the GRANTEE's natural life.

This conveyance shall be subject to that certain MORTGAGE dated ___________, 20 __, payable to ___________________, in the original principal amount of $ (dollars).

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...

(Excerpt)

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