This form is a Grant Deed where the grantor is one individual and the grantees are three individuals holding title as joint tenants.
A Fullerton California Grant Deed — One Individual to Three Individuals as Joint Tenants is a legal document used to transfer real property ownership from one person (the granter) to three individuals (grantees) as joint tenants. In this type of deed, each individual holds an undivided interest in the property, with equal shares of ownership. The deed includes specific details about the property, such as the legal description, as well as the names and addresses of the granter and grantees. One type of Fullerton California Grant Deed — One Individual to Three Individuals as Joint Tenants is the General Grant Deed. This deed is commonly used in California and transfers ownership with certain basic guarantees, such as the granter's ownership is valid and free from any undisclosed liens or encumbrances. Another type is the Special Grant Deed, which contains additional warranties specified by the granter, such as guaranteeing no undisclosed encumbrances during the granter's ownership. The Fullerton California Grant Deed — One Individual to Three Individuals as Joint Tenants ensures that all three grantees have equal rights to the property. The joint tenancy form of ownership includes the right of survivorship, meaning that if one of the joint tenants passes away, their share automatically transfers to the remaining joint tenants. This helps avoid probate and allows for a seamless transfer of ownership upon the death of a joint tenant. To complete the Fullerton California Grant Deed — One Individual to Three Individuals as Joint Tenants, the granter must sign the deed in the presence of a notary public and have it recorded with the Orange County Recorder's Office. Recording the deed provides a public record of the property transfer and establishes the new owners' legal ownership rights. In summary, a Fullerton California Grant Deed — One Individual to Three Individuals as Joint Tenants is a legal document that transfers ownership of real property from one person to three individuals as joint tenants. This type of deed guarantees equal shares of ownership and includes the right of survivorship. It is important to choose the appropriate type of grant deed, such as a General or Special Grant Deed, based on the specific guarantees desired by the granter. Once signed and recorded, the grant deed establishes the new owners' legal rights and provides a public record of the property transfer.
