Business 520 ( Real Estate Finance and Investment) Case Analysis

wk1-2-warranty-sample.docx

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Warranty Deed

KNOW ALL MEN BY THESE PRESENTS , That We, Aaron J. George and Cara C. George, husband and wife, of 87 Elm Drive, Dallas, Texas, for consideration paid, grant to John J. Doe and Jane E. Doe, husband and wife, of 4 Pine Street, Atlanta, Georgia, as joint tenants with rights of survivorship, a certain tract or parcel of land situated in the easterly side of Allen Road, Town of Some City, State of New Mexico, shown as Lot #36, containing 0.25 acres as shown on a Plan entitled “Some City’s New Development” Subdivision Plan, Plan of Land in Some City, New Mexico prepared for Harrison Real Estate Developers, LLC, Surveyed by South Hampton Surveyors, 47 Main Street, Farmington, New Mexico dated June 9, 2012, and more particularly bounded and described as follows:

Beginning at an iron rod (set) on the easterly side of Allen Road and on the northeasterly corner of lot #35; Thence running south 70o 38’ 34” East, 78.15 feet to a point.

Thence turning and running North 10o 18’15” West 46.21 feet, to an iron pipe; Thence turning and running 12o 10’ 35” West 28 feet to an iron pipe; Thence turning and running North 12o 14’ 06” West 68 feet to a stone wall;

Thence turning and running along said stone wall North 83o 57’ 22” East, 30.17 feet to a point; Thence turning and running north 79o 41’44” East, 12 feet to a point; Thence turning and running South 90o 34’ 22 East, 75.98 feet to an iron pipe; Thence turning and running along Allen Road, South 06o 11’16” West to an iron rod (set) to the point of beginning.

Subject to a 20 foot right of way as shown on said Plan.

Meaning and intending to describe and convey the same premises as conveyed to the within grantors by Warranty Deed of Bruce M. Sullivan and Jeannette Q. Sullivan, dated December 16, 2014, recorded at the County Registry of Deeds, Book 1295, Page 376.

We, Aaron J. George and Cara C. George hereby release any rights of homestead and any other rights we may have in the within described premises.

This is a non-contractual transfer pursuant to New Mexico RSA.

WITNESS our hands this 6th day of March, 2014.

Witness: Samuel J. Signington

Aaron J. George Cara C. George

STATE OF NEW MEXICO

County of New Mexico

Personally appeared before me the above-named Aaron J. George and Cara C. George, known to me (or satisfactorily proven) to be the persons whose names are subscribed to the within instrument and acknowledged that they executed the same for the purposes therein contained.

Before me,

Notary Notaries

Notary Public