This form is a Grant Deed where the grantors are two individuals and the grantees are three individuals holding title as joint tenants.
A Clovis California Grant Deed — Two Individuals to Three Individuals as Joint Tenants is a legal document used to transfer real property from two individuals to three individuals as joint tenants. This type of grant deed ensures that the three individuals have equal rights and interests in the property. In this grant deed, the two individuals who are the current owners of the property (referred to as granters) transfer their ownership rights to the three individuals (referred to as grantees). The grantees hold the property as joint tenants, meaning that they have equal ownership rights, interests, and responsibilities. By using a grant deed, the granters warrant that they have the right to transfer the property and that there are no liens, encumbrances, or claims against it, except as specifically mentioned in the document. This provides a level of assurance to the grantees that they are receiving clear title to the property. Some different types of Clovis California Grant Deed — Two Individuals to Three Individuals as Joint Tenants may include: 1. Mandatory Joint Tenants: In this type of grant deed, the three individuals are required to hold the property as joint tenants, meaning that they cannot sever their interests without the consent of all parties involved. 2. Optional Joint Tenants: This type of grant deed allows the three individuals to hold the property as joint tenants but also grants them the option to sever their interests and convert it into a different form of co-ownership, such as tenants in common, with the consent of all parties involved. 3. Married Couples as Joint Tenants: This specific grant deed variation is used when two married couples want to convey their property rights to three individuals as joint tenants. It allows for equal ownership and rights among all three individuals. In summary, a Clovis California Grant Deed — Two Individuals to Three Individuals as Joint Tenants is a legal instrument that facilitates the transfer of real property from two individuals to three individuals as joint tenants. This type of grant deed ensures equal ownership and interests in the property, providing a clear and secure title to the grantees.A Clovis California Grant Deed — Two Individuals to Three Individuals as Joint Tenants is a legal document used to transfer real property from two individuals to three individuals as joint tenants. This type of grant deed ensures that the three individuals have equal rights and interests in the property. In this grant deed, the two individuals who are the current owners of the property (referred to as granters) transfer their ownership rights to the three individuals (referred to as grantees). The grantees hold the property as joint tenants, meaning that they have equal ownership rights, interests, and responsibilities. By using a grant deed, the granters warrant that they have the right to transfer the property and that there are no liens, encumbrances, or claims against it, except as specifically mentioned in the document. This provides a level of assurance to the grantees that they are receiving clear title to the property. Some different types of Clovis California Grant Deed — Two Individuals to Three Individuals as Joint Tenants may include: 1. Mandatory Joint Tenants: In this type of grant deed, the three individuals are required to hold the property as joint tenants, meaning that they cannot sever their interests without the consent of all parties involved. 2. Optional Joint Tenants: This type of grant deed allows the three individuals to hold the property as joint tenants but also grants them the option to sever their interests and convert it into a different form of co-ownership, such as tenants in common, with the consent of all parties involved. 3. Married Couples as Joint Tenants: This specific grant deed variation is used when two married couples want to convey their property rights to three individuals as joint tenants. It allows for equal ownership and rights among all three individuals. In summary, a Clovis California Grant Deed — Two Individuals to Three Individuals as Joint Tenants is a legal instrument that facilitates the transfer of real property from two individuals to three individuals as joint tenants. This type of grant deed ensures equal ownership and interests in the property, providing a clear and secure title to the grantees.