This is a warranty deed from parent(s) to child with a reservation of a life estate in the parent(s). The form allows the grantor(s) to convey property to the grantee, while maintaining an interest in the property during the lifetime of the grantor(s).
Deed Online
Category:
State:
Alabama
Control #:
AL-021-77
Format:
Word;
PDF;
Rich Text
Instant download
Description Life Estate
Free preview Warranty Deed With Life Estate
How to fill out Warranty Estate Application?
1. Begin by entering the full names of the parents as grantors and the child as grantee at the top of the form.
2. Include the legal description of the property being transferred. This can typically be found on the original deed to the property.
3. Specify the county in Alabama where the property is located.
4. Clearly state that the parents are granting the property to the child while reserving a life estate for themselves.
5. Include any additional terms or conditions of the transfer, if applicable.
6. Both parents should sign and date the deed in the presence of a notary public.
It is not recommended to fill out the form online as it is a legal document that may require specific information that can vary depending on the circumstances.
However, users can find up-to-date, lawyer-approved, state-specific form templates, including an Alabama Warranty Deed with a Life Estate Reservation, on US Legal Forms. These forms can be completed or downloaded in Word, PDF, or RTF formats. To access these forms, users must register and purchase a Basic or Premium subscription on a monthly or annual basis.
2. Include the legal description of the property being transferred. This can typically be found on the original deed to the property.
3. Specify the county in Alabama where the property is located.
4. Clearly state that the parents are granting the property to the child while reserving a life estate for themselves.
5. Include any additional terms or conditions of the transfer, if applicable.
6. Both parents should sign and date the deed in the presence of a notary public.
It is not recommended to fill out the form online as it is a legal document that may require specific information that can vary depending on the circumstances.
However, users can find up-to-date, lawyer-approved, state-specific form templates, including an Alabama Warranty Deed with a Life Estate Reservation, on US Legal Forms. These forms can be completed or downloaded in Word, PDF, or RTF formats. To access these forms, users must register and purchase a Basic or Premium subscription on a monthly or annual basis.