This form is a Joint Tenancy Deed where the grantor is an individual and the grantees are husband and wife.
A Quitclaim Deed Joint Tenancy with Right of Survivorship is a legal document used in Georgia to transfer ownership of real property between joint owners while providing the right of survivorship. This type of deed is commonly used when two or more individuals wish to jointly own property and ensure that in the event of the death of one owner, the surviving owner(s) automatically inherits the deceased owner's share. In Georgia, there are various types of Quitclaim Deeds Joint Tenancy with Right of Survivorship: 1. Basic Quitclaim Deed Joint Tenancy with Right of Survivorship: This is the most standard form of joint tenancy in Georgia. It allows multiple owners to have an undivided interest in the property and guarantees that the surviving owner(s) will automatically inherit the deceased owner's share. 2. Married Couples Quitclaim Deed Joint Tenancy with Right of Survivorship: This type of joint tenancy is specifically tailored for married couples who wish to hold joint ownership of a property. It ensures that if one spouse passes away, their share automatically transfers to the surviving spouse. 3. Parent-child Quitclaim Deed Joint Tenancy with Right of Survivorship: This form of joint tenancy is commonly used when parents want to transfer ownership of a property to their child while preserving the right of survivorship. It allows the child to inherit the property outright in the event of the parents' death. 4. Quitclaim Deed Joint Tenancy with Right of Survivorship and Life Estate: This variation of joint tenancy gives one owner a life estate, meaning they have the right to live on and use the property for the remainder of their life. After their death, the property transfers to the other owner(s) as joint tenants with the right of survivorship. 5. Multiple Owners Quitclaim Deed Joint Tenancy with Right of Survivorship: This type of joint tenancy allows for more than two owners to hold equal undivided interests in the property. The right of survivorship ensures that if one owner passes away, the remaining owners inherit the deceased owner's share equally. In Georgia, Quitclaim Deeds Joint Tenancy with Right of Survivorship must meet specific criteria outlined in the state's statutes. It is important to consult with a qualified attorney when preparing or executing such a deed to ensure compliance with the law and to protect the interests of all parties involved.
