This form is a Warranty Deed where the Grantors are two individuals and the Grantees are four individuals. Grantors convey and warrant the described property to the Grantees. This deed complies with all state statutory laws.
A Philadelphia Pennsylvania Warranty Deed from Two Individuals to Four Individuals is a legal document that transfers ownership of real estate property between parties. It provides a guarantee (or warranty) that the property is free from any liens or encumbrances, and that the sellers have the lawful right to transfer the property to the buyers. This specific type of warranty deed involves two individuals, who act as the sellers, conveying ownership of a property to four individuals, who are the buyers. The deed grants the four individuals equal rights and interests in the property. The document includes detailed information about the property, such as its legal description, address, and tax identification number. It also lists the names and contact information of the sellers and buyers involved in the transaction. Different types of Philadelphia Pennsylvania Warranty Deed from Two Individuals to Four Individuals are: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the buyers. It guarantees that the sellers will defend the title against any claims in the future, even if those claims originated before the sellers acquired the property. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only provides a guarantee against claims that may have arisen during the period of the sellers' ownership of the property. It does not protect against any claims that may have existed prior to their ownership. 3. Quitclaim Deed: A quitclaim deed is a type of warranty deed that offers the least amount of protection to the buyers. It does not provide any guarantees or warranties about the property's title. Instead, it transfers the sellers' interest in the property, if any, to the buyers. This type of deed is commonly used in situations where parties have close relationships or when transferring property between family members. It is important for both sellers and buyers to consult with a real estate attorney or a qualified professional to ensure that the deed complies with all relevant laws and regulations. Additionally, it is advisable to conduct a thorough title search to ensure the property's ownership history and to identify any existing liens or encumbrances that may affect the transaction.A Philadelphia Pennsylvania Warranty Deed from Two Individuals to Four Individuals is a legal document that transfers ownership of real estate property between parties. It provides a guarantee (or warranty) that the property is free from any liens or encumbrances, and that the sellers have the lawful right to transfer the property to the buyers. This specific type of warranty deed involves two individuals, who act as the sellers, conveying ownership of a property to four individuals, who are the buyers. The deed grants the four individuals equal rights and interests in the property. The document includes detailed information about the property, such as its legal description, address, and tax identification number. It also lists the names and contact information of the sellers and buyers involved in the transaction. Different types of Philadelphia Pennsylvania Warranty Deed from Two Individuals to Four Individuals are: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the buyers. It guarantees that the sellers will defend the title against any claims in the future, even if those claims originated before the sellers acquired the property. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only provides a guarantee against claims that may have arisen during the period of the sellers' ownership of the property. It does not protect against any claims that may have existed prior to their ownership. 3. Quitclaim Deed: A quitclaim deed is a type of warranty deed that offers the least amount of protection to the buyers. It does not provide any guarantees or warranties about the property's title. Instead, it transfers the sellers' interest in the property, if any, to the buyers. This type of deed is commonly used in situations where parties have close relationships or when transferring property between family members. It is important for both sellers and buyers to consult with a real estate attorney or a qualified professional to ensure that the deed complies with all relevant laws and regulations. Additionally, it is advisable to conduct a thorough title search to ensure the property's ownership history and to identify any existing liens or encumbrances that may affect the transaction.
