This form is a Special Warranty Deed where the Grantors are two individuals and the Grantee is an individual. Grantors convey and specially warrant the described property to the Grantee. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.
A Philadelphia Pennsylvania Special Warranty Deed — Two Individuals to One Individual is a legal document that transfers ownership of a property from two individuals to another individual. This type of deed provides limited warranties to the grantee, assuring that the property has not been encumbered during the time the granter owned it. There are two main variations of this deed in Philadelphia, Pennsylvania. The first is the Philadelphia Pennsylvania Special Warranty Deed — Two Individuals to One Individual with Survivorship Rights. In this case, the property is transferred to one individual, and in the event of the grantee's death, the ownership automatically passes to the surviving individual. The second variation is the Philadelphia Pennsylvania Special Warranty Deed — Two Individuals to One Individual as Tenants in Common. This type of deed divides the property equally or as specified by the owners, allowing each owner to have a specific share or interest in the property. In the event of the grantee's death, their share or interest in the property will be passed on according to their will or state laws. When drafting a Philadelphia Pennsylvania Special Warranty Deed — Two Individuals to One Individual, it is crucial to include relevant information. This includes the names and addresses of all parties involved, a detailed legal description of the property, the purchase price or consideration paid for the property, and any conditions or restrictions attached to the transfer. Additionally, it is important to mention any encumbrances, liens, or obligations related to the property. The deed should be signed and notarized by all parties involved and recorded in the Philadelphia County Recorder of Deeds office for it to be legally binding. By utilizing the keywords "Philadelphia Pennsylvania Special Warranty Deed," "two individuals to one individual," "survivorship rights," "tenants in common," and providing a detailed description of the deed's purpose, types, and necessary elements, this content meets the requirements for generating relevant information on this topic.A Philadelphia Pennsylvania Special Warranty Deed — Two Individuals to One Individual is a legal document that transfers ownership of a property from two individuals to another individual. This type of deed provides limited warranties to the grantee, assuring that the property has not been encumbered during the time the granter owned it. There are two main variations of this deed in Philadelphia, Pennsylvania. The first is the Philadelphia Pennsylvania Special Warranty Deed — Two Individuals to One Individual with Survivorship Rights. In this case, the property is transferred to one individual, and in the event of the grantee's death, the ownership automatically passes to the surviving individual. The second variation is the Philadelphia Pennsylvania Special Warranty Deed — Two Individuals to One Individual as Tenants in Common. This type of deed divides the property equally or as specified by the owners, allowing each owner to have a specific share or interest in the property. In the event of the grantee's death, their share or interest in the property will be passed on according to their will or state laws. When drafting a Philadelphia Pennsylvania Special Warranty Deed — Two Individuals to One Individual, it is crucial to include relevant information. This includes the names and addresses of all parties involved, a detailed legal description of the property, the purchase price or consideration paid for the property, and any conditions or restrictions attached to the transfer. Additionally, it is important to mention any encumbrances, liens, or obligations related to the property. The deed should be signed and notarized by all parties involved and recorded in the Philadelphia County Recorder of Deeds office for it to be legally binding. By utilizing the keywords "Philadelphia Pennsylvania Special Warranty Deed," "two individuals to one individual," "survivorship rights," "tenants in common," and providing a detailed description of the deed's purpose, types, and necessary elements, this content meets the requirements for generating relevant information on this topic.
