This form is a Warranty Deed where the grantors is an individual and the grantees are two individuals. Grantor conveys and warrants the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A Santa Maria California Grant Deed From Individual to Two Individuals as Tenants in Common is a legal document used to transfer ownership of real estate from one individual to two other individuals, who will hold the property as tenants in common. In this type of ownership, each individual has an undivided interest in the property, but they may have different ownership percentages. The Grant Deed is an important legal form that ensures the transfer of ownership is legally binding and recorded in the county where the property is located. This document includes detailed information about the property, the parties involved, and the specific terms of the transfer. Keywords: Santa Maria California, Grant Deed, Individual, Two Individuals, Tenants in Common, ownership, real estate, transfer, ownership percentages, legal form, recorded, county, property. Types of Santa Maria California Grant Deed From Individual to Two Individuals as Tenants in Common: 1. Equal Ownership Grant Deed: This type of grant deed indicates that both individuals will have an equal ownership share in the property. They will have an undivided, 50% interest each. 2. Unequal Ownership Grant Deed: In this variation, the granter can specify different ownership percentages for each tenant in common. For example, one individual might own a 70% interest, while the other owns a 30% interest. 3. Cohabitation Grant Deed: This type of grant deed is specific to individuals who are not married or in a domestic partnership but wish to jointly own property. It allows unrelated individuals to hold the property as tenants in common. 4. Joint Venture Grant Deed: This grant deed is suitable for individuals who wish to combine their resources for a specific business project or investment. It establishes their joint ownership as tenants in common. It is crucial to consult with a real estate attorney or professional to determine the appropriate type of grant deed based on individual circumstances and to ensure that all legal requirements and obligations are met.A Santa Maria California Grant Deed From Individual to Two Individuals as Tenants in Common is a legal document used to transfer ownership of real estate from one individual to two other individuals, who will hold the property as tenants in common. In this type of ownership, each individual has an undivided interest in the property, but they may have different ownership percentages. The Grant Deed is an important legal form that ensures the transfer of ownership is legally binding and recorded in the county where the property is located. This document includes detailed information about the property, the parties involved, and the specific terms of the transfer. Keywords: Santa Maria California, Grant Deed, Individual, Two Individuals, Tenants in Common, ownership, real estate, transfer, ownership percentages, legal form, recorded, county, property. Types of Santa Maria California Grant Deed From Individual to Two Individuals as Tenants in Common: 1. Equal Ownership Grant Deed: This type of grant deed indicates that both individuals will have an equal ownership share in the property. They will have an undivided, 50% interest each. 2. Unequal Ownership Grant Deed: In this variation, the granter can specify different ownership percentages for each tenant in common. For example, one individual might own a 70% interest, while the other owns a 30% interest. 3. Cohabitation Grant Deed: This type of grant deed is specific to individuals who are not married or in a domestic partnership but wish to jointly own property. It allows unrelated individuals to hold the property as tenants in common. 4. Joint Venture Grant Deed: This grant deed is suitable for individuals who wish to combine their resources for a specific business project or investment. It establishes their joint ownership as tenants in common. It is crucial to consult with a real estate attorney or professional to determine the appropriate type of grant deed based on individual circumstances and to ensure that all legal requirements and obligations are met.
