This form is a Warranty Deed where the grantees hold title to the property as a joint tenants.
A Pomona California Warranty Deed for Separate or Joint Property to Joint Tenancy is a legal document used to transfer ownership of a property from one individual or couple to another couple, either as separate owners or as joint tenants. This type of warranty deed ensures that the transfer of ownership is done with a guarantee of clear title, protecting both parties involved in the transaction. The main purpose of executing a warranty deed is to provide peace of mind to the buyer or transferee, as it assures them that the property being conveyed is free from any outstanding liens, claims, or encumbrances. This means that the seller or transferor guarantees that they have the legal right to sell or transfer the property and will defend the buyer or transferee against any future claims. In Pomona, California, there are typically two different types of Warranty Deeds for Separate or Joint Property to Joint Tenancy: 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyer or transferee by guaranteeing that the property is free and clear of any defects in title, whether arising from the current owner or previous owners. It ensures that the seller will compensate the buyer if any issues with the title arise after the sale. 2. Special Warranty Deed: This type of deed provides a more limited guarantee compared to the general warranty deed. The seller or transferor guarantees that they have not caused any defects in the title during their ownership period, but they do not assume any responsibility for defects arising from previous owners. This means that the buyer or transferee is protected only against claims or encumbrances that have occurred during the seller's ownership. It's essential for both buyers and sellers to understand the implications of executing a warranty deed for separate or joint property to joint tenancy. Consulting with a qualified real estate attorney or title company in Pomona, California, is highly recommended ensuring a smooth transaction and a clear understanding of the legal rights and obligations associated with such a deed.A Pomona California Warranty Deed for Separate or Joint Property to Joint Tenancy is a legal document used to transfer ownership of a property from one individual or couple to another couple, either as separate owners or as joint tenants. This type of warranty deed ensures that the transfer of ownership is done with a guarantee of clear title, protecting both parties involved in the transaction. The main purpose of executing a warranty deed is to provide peace of mind to the buyer or transferee, as it assures them that the property being conveyed is free from any outstanding liens, claims, or encumbrances. This means that the seller or transferor guarantees that they have the legal right to sell or transfer the property and will defend the buyer or transferee against any future claims. In Pomona, California, there are typically two different types of Warranty Deeds for Separate or Joint Property to Joint Tenancy: 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyer or transferee by guaranteeing that the property is free and clear of any defects in title, whether arising from the current owner or previous owners. It ensures that the seller will compensate the buyer if any issues with the title arise after the sale. 2. Special Warranty Deed: This type of deed provides a more limited guarantee compared to the general warranty deed. The seller or transferor guarantees that they have not caused any defects in the title during their ownership period, but they do not assume any responsibility for defects arising from previous owners. This means that the buyer or transferee is protected only against claims or encumbrances that have occurred during the seller's ownership. It's essential for both buyers and sellers to understand the implications of executing a warranty deed for separate or joint property to joint tenancy. Consulting with a qualified real estate attorney or title company in Pomona, California, is highly recommended ensuring a smooth transaction and a clear understanding of the legal rights and obligations associated with such a deed.