This form is a Warranty Deed where the grantors is an individual and the grantees are two individuals. Grantor conveys and warrants the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
Simi Valley California Grant Deed From Individual to Two Individuals as Tenants in Common is a legal document that transfers ownership of a real estate property located in Simi Valley, California. This type of grant deed allows for two individuals to own the property as tenants in common, granting them equal and undivided interests in the property. A grant deed is a commonly used document in real estate transactions, serving as evidence of the transfer of ownership from the granter (the individual selling the property) to the grantees (the two individuals purchasing the property). In this case, the granter is an individual seller, while the grantees are two individuals who will become co-owners of the property. By using the keywords "Simi Valley California Grant Deed From Individual to Two Individuals as Tenants in Common," it is implied that there may be variations of this grant deed specific to Simi Valley or to different types of co-ownership arrangements. Some possible variations of this grant deed could include: 1. Simi Valley California Grant Deed From Individual to Three Individuals as Tenants in Common: This grant deed would be similar to the original, but it would involve three individuals purchasing the property and holding equal interests as tenants in common. 2. Simi Valley California Grant Deed From Individual to Two Individuals as Joint Tenants: This grant deed would establish joint tenancy rather than tenancy in common. In joint tenancy, all owners have equal rights to the property, and in the event of death, the deceased owner's interest automatically transfers to the surviving owner(s) until only one owner remains. 3. Simi Valley California Grant Deed From Individual to Two Individuals as Tenants by the Entirety: This grant deed would apply if the two individuals are married or in a legally recognized domestic partnership. Tenancy by the entirety is a type of joint tenancy reserved for married couples, providing certain unique legal protections and benefits. It is important to consult with a real estate attorney or title company for specific guidance on the appropriate grant deed type based on the circumstances of the transaction. Properly completing and recording the grant deed is essential to ensure a legally valid transfer of ownership in Simi Valley, California.
