This form is a Warranty Deed where the grantees hold title to the property as a joint tenants.
A Chico California Warranty Deed for Separate or Joint Property to Joint Tenancy is a legal document that transfers ownership of property in Chico, California from one party to another. This specific type of warranty deed pertains to the transfer of property either separately or jointly owned by individuals, into joint tenancy. In this deed, the transferor, also known as the granter, ensures that they hold the property title without any liens or encumbrances and guarantees they have the legal right to transfer the property. The granter also warrants that they will defend the title against any claims that may arise. The transferee, referred to as the grantee, receives the property with assurance of ownership and the right to possess, use, and sell it. There are two main types of Chico California Warranty Deed for Separate or Joint Property to Joint Tenancy: 1. Chico California Warranty Deed for Separate Property to Joint Tenancy: This deed is used when an individual who owns the property solely wishes to convert its ownership into joint tenancy with one or more co-owners. By executing this deed, the individual relinquishes their sole ownership rights and becomes a joint tenant, sharing equal ownership and survivorship rights with the other tenants. 2. Chico California Warranty Deed for Joint Property to Joint Tenancy: This deed is applicable when multiple individuals already jointly own a property, and they want to convert their ownership into joint tenancy. By doing so, they alter the way their ownership is held, ensuring survivorship rights. In joint tenancy, if one tenant passes away, their share automatically passes to the surviving joint tenants, rather than being transferred according to the deceased person's will or inheritance laws. Keywords: Chico, California, warranty deed, separate property, joint property, joint tenancy, transfer of ownership, granter, grantee, title, liens, encumbrances, rights, possession, sell, defend, survivorship rights.A Chico California Warranty Deed for Separate or Joint Property to Joint Tenancy is a legal document that transfers ownership of property in Chico, California from one party to another. This specific type of warranty deed pertains to the transfer of property either separately or jointly owned by individuals, into joint tenancy. In this deed, the transferor, also known as the granter, ensures that they hold the property title without any liens or encumbrances and guarantees they have the legal right to transfer the property. The granter also warrants that they will defend the title against any claims that may arise. The transferee, referred to as the grantee, receives the property with assurance of ownership and the right to possess, use, and sell it. There are two main types of Chico California Warranty Deed for Separate or Joint Property to Joint Tenancy: 1. Chico California Warranty Deed for Separate Property to Joint Tenancy: This deed is used when an individual who owns the property solely wishes to convert its ownership into joint tenancy with one or more co-owners. By executing this deed, the individual relinquishes their sole ownership rights and becomes a joint tenant, sharing equal ownership and survivorship rights with the other tenants. 2. Chico California Warranty Deed for Joint Property to Joint Tenancy: This deed is applicable when multiple individuals already jointly own a property, and they want to convert their ownership into joint tenancy. By doing so, they alter the way their ownership is held, ensuring survivorship rights. In joint tenancy, if one tenant passes away, their share automatically passes to the surviving joint tenants, rather than being transferred according to the deceased person's will or inheritance laws. Keywords: Chico, California, warranty deed, separate property, joint property, joint tenancy, transfer of ownership, granter, grantee, title, liens, encumbrances, rights, possession, sell, defend, survivorship rights.
