This form is a Warranty Deed where the grantees hold title to the property as a joint tenants.
Visalia, California Warranty Deed for Separate or Joint Property to Joint Tenancy is a legal document used in real estate transactions to transfer ownership of a property from one party to another. This particular type of deed is commonly used when multiple individuals want to jointly own a property with rights of survivorship. When property is held in joint tenancy, if one owner were to pass away, the property automatically transfers to the surviving owner(s) without the need for probate. There are two different types of Visalia, California Warranty Deed for Separate or Joint Property to Joint Tenancy: 1. Individual to Joint Tenancy: This type of warranty deed is used when a sole owner of a property desires to convert it into joint tenancy with one or more co-owners. In this case, the individual is transferring their ownership interest in the property to themselves and the new co-owners. 2. Joint Tenancy to Joint Tenancy: This type of warranty deed is used when there are already multiple owners of a property, and they want to restructure their ownership as joint tenants. This deed ensures that all current owners have an equal share in the property and will have rights of survivorship. Keywords: Visalia, California, warranty deed, separate property, joint property, joint tenancy, ownership transfer, legal document, real estate transaction, rights of survivorship, individual, co-owners, probate, sole owner, ownership interest, multiple owners, restructuring.Visalia, California Warranty Deed for Separate or Joint Property to Joint Tenancy is a legal document used in real estate transactions to transfer ownership of a property from one party to another. This particular type of deed is commonly used when multiple individuals want to jointly own a property with rights of survivorship. When property is held in joint tenancy, if one owner were to pass away, the property automatically transfers to the surviving owner(s) without the need for probate. There are two different types of Visalia, California Warranty Deed for Separate or Joint Property to Joint Tenancy: 1. Individual to Joint Tenancy: This type of warranty deed is used when a sole owner of a property desires to convert it into joint tenancy with one or more co-owners. In this case, the individual is transferring their ownership interest in the property to themselves and the new co-owners. 2. Joint Tenancy to Joint Tenancy: This type of warranty deed is used when there are already multiple owners of a property, and they want to restructure their ownership as joint tenants. This deed ensures that all current owners have an equal share in the property and will have rights of survivorship. Keywords: Visalia, California, warranty deed, separate property, joint property, joint tenancy, ownership transfer, legal document, real estate transaction, rights of survivorship, individual, co-owners, probate, sole owner, ownership interest, multiple owners, restructuring.