This form is a Warranty Deed where the grantors are husband and wife converting their tenancy in common holding to a joint tenancy.
A Daly City California Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy is a legal document that facilitates the transfer of property ownership from tenants in common to joint tenancy in Daly City, California. This deed is commonly used by married couples who wish to change the way they hold title to a property they own together. The key purpose of this deed is to ensure that both spouses have equal and undivided ownership rights to the property, which means that if one spouse passes away, the surviving spouse automatically becomes the sole owner of the property without going through the probate process. There are two primary types of Daly City California Warranty Deeds for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy: 1. General Warranty Deed: This type of deed provides the highest level of protection for the new owners by guaranteeing that the property is free from any liens, encumbrances, or claims that arose before the deed was created. It also includes covenants of title, promising that the granter has the legal right to transfer the property and will defend the title against any future third-party claims. 2. Special Warranty Deed: Unlike the general warranty deed, this type of deed only offers limited guarantees. It assures the grantee that the property was not encumbered during the granter's ownership, but it does not provide protection against any potential issues that may have occurred before the granter acquired the property. To complete the conversion process from tenants in common to joint tenancy using a warranty deed, the following steps are typically involved: 1. Obtain the correct Daly City California Warranty Deed form: Ensure that you have the appropriate form for your specific requirements. Consult with a real estate attorney or use a reputable legal document service to ensure compliance with local laws and regulations. 2. Fill out the necessary information: Provide the names of both spouses, the property's legal description (including address and parcel number), and any relevant additional details as required by the form. 3. Sign the Warranty Deed: Both spouses must sign the document in the presence of a notary public to ensure its legal validity. 4. Record the Warranty Deed: Submit the signed and notarized warranty deed to the county recorder's office in the county where the property is located. Pay the required recording fees and follow any additional recording procedures specific to Daly City, California. It is highly recommended consulting with a qualified attorney or a real estate professional to ensure compliance with local laws and to address any specific concerns or requirements related to the conversion of property ownership from tenants in common to joint tenancy in Daly City, California.
