This form is a General Warranty Deed where the Grantors are two (2) individuals and the Grantees are four (4) individuals. Grantors convey and generally warrant the described property to the Grantees. This deed complies with all state statutory laws.
A Wake North Carolina General Warranty Deed from Two Individuals to Four Individuals is a legally binding document that transfers ownership of real property from two individuals (granters) to four individuals (grantees) with a guarantee of clear title and protection against any future claims or liens. This deed type is commonly used when a property is being jointly transferred from two sellers to four buyers. Keywords: Wake North Carolina, General Warranty Deed, Two Individuals, Four Individuals, ownership transfer, real property, granters, grantees, guarantee, clear title, protection, claims, liens, joint transfer. Types of Wake North Carolina General Warranty Deed from Two Individuals to Four Individuals: 1. General Warranty Deed with Rights of Survivorship: This type of deed ensures that if one of the granters passes away, their share of the property automatically transfers to the surviving grantees. It provides additional protection and allows seamless transfer without going through probate. 2. Joint Tenancy General Warranty Deed: In this type of deed, each grantee jointly owns an equal share of the property. If one grantee passes away, their share automatically transfers to the remaining grantees. This type of deed ensures a smooth transition of ownership. 3. Tenants in Common General Warranty Deed: With this type of deed, each grantee holds a specific percentage of ownership in the property, and their share can be transferred to a third party without the consent of the other grantees. Upon the death of a grantee, their share is passed on according to their will or state laws. 4. Special Warranty Deed: While not a specific type of Wake North Carolina General Warranty Deed from Two Individuals to Four Individuals, it is worth mentioning that a special warranty deed may also be used in the transfer. This type of deed limits the granter's warranty to the time they owned the property and does not cover any previous claims or issues. It is essential to consult with a qualified attorney or real estate professional to understand the specific requirements and implications of executing a Wake North Carolina General Warranty Deed from Two Individuals to Four Individuals, as legal procedures and deed types may vary.A Wake North Carolina General Warranty Deed from Two Individuals to Four Individuals is a legally binding document that transfers ownership of real property from two individuals (granters) to four individuals (grantees) with a guarantee of clear title and protection against any future claims or liens. This deed type is commonly used when a property is being jointly transferred from two sellers to four buyers. Keywords: Wake North Carolina, General Warranty Deed, Two Individuals, Four Individuals, ownership transfer, real property, granters, grantees, guarantee, clear title, protection, claims, liens, joint transfer. Types of Wake North Carolina General Warranty Deed from Two Individuals to Four Individuals: 1. General Warranty Deed with Rights of Survivorship: This type of deed ensures that if one of the granters passes away, their share of the property automatically transfers to the surviving grantees. It provides additional protection and allows seamless transfer without going through probate. 2. Joint Tenancy General Warranty Deed: In this type of deed, each grantee jointly owns an equal share of the property. If one grantee passes away, their share automatically transfers to the remaining grantees. This type of deed ensures a smooth transition of ownership. 3. Tenants in Common General Warranty Deed: With this type of deed, each grantee holds a specific percentage of ownership in the property, and their share can be transferred to a third party without the consent of the other grantees. Upon the death of a grantee, their share is passed on according to their will or state laws. 4. Special Warranty Deed: While not a specific type of Wake North Carolina General Warranty Deed from Two Individuals to Four Individuals, it is worth mentioning that a special warranty deed may also be used in the transfer. This type of deed limits the granter's warranty to the time they owned the property and does not cover any previous claims or issues. It is essential to consult with a qualified attorney or real estate professional to understand the specific requirements and implications of executing a Wake North Carolina General Warranty Deed from Two Individuals to Four Individuals, as legal procedures and deed types may vary.