Mesa Arizona Warranty Deed from Husband and Wife, or two Individuals, to four Individuals.

State:
Arizona
City:
Mesa
Control #:
AZ-058-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty Deed where the Grantor is a limited liability company (LLC) and the Grantee is Trust. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.

A Mesa Arizona Warranty Deed from Husband and Wife, or two Individuals, to four Individuals is a legal document that transfers ownership of a property from two individuals, either a married couple or two separate individuals, to four other individuals as co-owners. This type of deed provides a guarantee to the new owners that they are receiving clear title to the property and that the transfer is valid. This specific Mesa Arizona Warranty Deed can be further classified into two different types: 1. Joint Tenancy Warranty Deed: In this type of deed, the four individuals who receive the property ownership become joint tenants. This means that each co-owner has an undivided interest in the property, and if one co-owner passes away, their share automatically transfers to the surviving co-owners. This type of ownership provides the benefit of right of survivorship. 2. Tenancy in Common Warranty Deed: Alternatively, the deed can establish a tenancy in common between the four individuals. In this arrangement, each co-owner has a specific percentage of ownership, which they can transfer or sell separately from the others. Unlike joint tenancy, there is no right of survivorship; if one co-owner passes away, their share is passed on to their heirs or beneficiaries according to their will or applicable state laws. The Mesa Arizona Warranty Deed from Husband and Wife, or two Individuals, to four Individuals must contain specific elements to be legally enforceable. It should clearly state: 1. The legal names and addresses of the granters (the individuals transferring the property) and the grantees (the individuals receiving the property). 2. A description of the property being transferred, including its complete legal description, such as lot number, subdivision name, and address. 3. The acknowledgment that the granters have full legal authority to transfer the property and that they warrant and guarantee the transfer as a clear and marketable title. 4. The consideration or purchase price for the transfer, although this can be "love and affection" between family or friends. 5. Signatures of all parties involved, along with a notarized acknowledgment. It's important to consult with a qualified attorney or a professional real estate agent in Mesa, Arizona, to ensure that all legal requirements are met and to obtain accurate guidance throughout the process.

A Mesa Arizona Warranty Deed from Husband and Wife, or two Individuals, to four Individuals is a legal document that transfers ownership of a property from two individuals, either a married couple or two separate individuals, to four other individuals as co-owners. This type of deed provides a guarantee to the new owners that they are receiving clear title to the property and that the transfer is valid. This specific Mesa Arizona Warranty Deed can be further classified into two different types: 1. Joint Tenancy Warranty Deed: In this type of deed, the four individuals who receive the property ownership become joint tenants. This means that each co-owner has an undivided interest in the property, and if one co-owner passes away, their share automatically transfers to the surviving co-owners. This type of ownership provides the benefit of right of survivorship. 2. Tenancy in Common Warranty Deed: Alternatively, the deed can establish a tenancy in common between the four individuals. In this arrangement, each co-owner has a specific percentage of ownership, which they can transfer or sell separately from the others. Unlike joint tenancy, there is no right of survivorship; if one co-owner passes away, their share is passed on to their heirs or beneficiaries according to their will or applicable state laws. The Mesa Arizona Warranty Deed from Husband and Wife, or two Individuals, to four Individuals must contain specific elements to be legally enforceable. It should clearly state: 1. The legal names and addresses of the granters (the individuals transferring the property) and the grantees (the individuals receiving the property). 2. A description of the property being transferred, including its complete legal description, such as lot number, subdivision name, and address. 3. The acknowledgment that the granters have full legal authority to transfer the property and that they warrant and guarantee the transfer as a clear and marketable title. 4. The consideration or purchase price for the transfer, although this can be "love and affection" between family or friends. 5. Signatures of all parties involved, along with a notarized acknowledgment. It's important to consult with a qualified attorney or a professional real estate agent in Mesa, Arizona, to ensure that all legal requirements are met and to obtain accurate guidance throughout the process.

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Mesa Arizona Warranty Deed from Husband and Wife, or two Individuals, to four Individuals.