This form is a Warranty Deed where the grantor is an individual and the grantees are two individuals as joint tenants with right of survivorship.
A Phoenix Arizona Warranty Deed from Individual to Two Individuals as Joint Tenants with the Right of Survivorship is a legal document that transfers ownership of a property from an individual seller to two individuals as joint tenants with the right of survivorship. This type of deed is commonly used when two individuals want to jointly own a property and have the assurance that if one owner passes away, the other owner automatically inherits the deceased owner's share. The warranty deed, in general, is a legal document used to transfer the title or ownership of a property from one party to another. It provides a guarantee, or warranty, that the seller has the legal authority to sell the property and that there are no undisclosed claims or liens on the property. In the case of the Phoenix Arizona Warranty Deed from Individual to Two Individuals as Joint Tenants with the Right of Survivorship, it specifically outlines the type of co-ownership the two individuals will have. Joint tenancy with the right of survivorship means that both owners have equal rights to the property, and in the event of one owner's death, the surviving owner automatically and immediately becomes the sole owner of the entire property. There may be different variations of this specific type of Phoenix Arizona Warranty Deed depending on specific circumstances or requirements. For example, some variations may include additional clauses or provisions related to spouses or domestic partners as joint tenants, or even specific language regarding the termination of joint tenancy. These additional variations are typically tailored to meet specific needs or preferences of the individuals involved. Overall, the Phoenix Arizona Warranty Deed from Individual to Two Individuals as Joint Tenants with the Right of Survivorship is a legal document used to transfer ownership of a property from an individual seller to two individuals who will jointly own the property with equal rights, and where the surviving owner will automatically inherit the deceased owner's share. It provides assurance to the new owners that the property is being transferred with clear title and without any undisclosed claims or liens.A Phoenix Arizona Warranty Deed from Individual to Two Individuals as Joint Tenants with the Right of Survivorship is a legal document that transfers ownership of a property from an individual seller to two individuals as joint tenants with the right of survivorship. This type of deed is commonly used when two individuals want to jointly own a property and have the assurance that if one owner passes away, the other owner automatically inherits the deceased owner's share. The warranty deed, in general, is a legal document used to transfer the title or ownership of a property from one party to another. It provides a guarantee, or warranty, that the seller has the legal authority to sell the property and that there are no undisclosed claims or liens on the property. In the case of the Phoenix Arizona Warranty Deed from Individual to Two Individuals as Joint Tenants with the Right of Survivorship, it specifically outlines the type of co-ownership the two individuals will have. Joint tenancy with the right of survivorship means that both owners have equal rights to the property, and in the event of one owner's death, the surviving owner automatically and immediately becomes the sole owner of the entire property. There may be different variations of this specific type of Phoenix Arizona Warranty Deed depending on specific circumstances or requirements. For example, some variations may include additional clauses or provisions related to spouses or domestic partners as joint tenants, or even specific language regarding the termination of joint tenancy. These additional variations are typically tailored to meet specific needs or preferences of the individuals involved. Overall, the Phoenix Arizona Warranty Deed from Individual to Two Individuals as Joint Tenants with the Right of Survivorship is a legal document used to transfer ownership of a property from an individual seller to two individuals who will jointly own the property with equal rights, and where the surviving owner will automatically inherit the deceased owner's share. It provides assurance to the new owners that the property is being transferred with clear title and without any undisclosed claims or liens.
