This form is a Grant Deed where the grantor is an individual and the grantees are two individuals. Grantor conveys and grants the described property to grantees as tenants in common or joint tenants with the right of survivorship. This deed complies with all state statutory laws.
A Riverside California Grant Deed — One Individual to Two Individuals is a legal document used to transfer ownership of real property from one person (granter) to two other individuals (grantees). This type of deed is commonly used when a property is jointly owned by two individuals and one of them wants to transfer their interest to two different individuals, such as family members or business partners. The Riverside California Grant Deed includes specific language, required by law, that guarantees the granter's ownership interest in the property and represents that the property is free from any liens or encumbrances. It also provides a legal description of the property, including the boundaries and address, to ensure accuracy in the transfer. There are various types of Riverside California Grant Deed — One Individual to Two Individuals depending on the circumstances and requirements of the parties involved. These include: 1. Joint Tenancy Grant Deed: This type of grant deed is used when the original owners hold the property as joint tenants, where each owner has an equal and undivided interest in the property. With a joint tenancy grant deed, one individual can transfer their interest to two new individuals, who will then become joint tenants with the other original owner. 2. Tenancy in Common Grant Deed: If the property is owned in tenancy in common, where each owner has a distinct and separate percentage of ownership, a tenancy in common grant deed can be used. This type of grant deed allows one individual to transfer their specific share of ownership to two new individuals, who will become tenants in common with the remaining owner. 3. Community Property Grant Deed: In cases where the property is classified as community property under California law, a community property grant deed may be used. With this type of grant deed, one spouse can transfer their portion of the property to two individuals, while maintaining the community property status and the other spouse's ownership interest. It is crucial to consult with a qualified real estate attorney or a professional title company to ensure the accurate preparation and execution of a Riverside California Grant Deed — One Individual to Two Individuals. The specific type of grant deed required will depend on the ownership structure of the property and the desired outcome of the transfer.
