This form is a Grant Deed where the grantors are two individuals and the grantees are three individuals holding title as joint tenants.
Simi Valley California Grant Deed — Two Individuals to Three Individuals as Joint Tenants is a legal document that involves the transfer of ownership of real property in Simi Valley, California, from two individuals to three other individuals as joint tenants. This type of grant deed establishes joint tenancy, which means that the three individuals will have equal ownership rights and share the property equally. The grant deed serves as evidence of the transfer of ownership and typically includes relevant details such as the names and addresses of the granters (the individuals transferring the property) and grantees (the individuals receiving the property), a legal property description, and the signatures of both parties involved. It may also mention the consideration amount, indicating whether money was exchanged for the property. In Simi Valley, California, there are variations of this grant deed depending on specific circumstances and requirements: 1. Simi Valley California Grant Deed — Two Individuals to Three Individuals as Joint Tenants — Without Survivorship: This type of grant deed establishes joint tenancy without the right of survivorship. In the event of the death of one of the joint tenants, their share of the property will not automatically go to the surviving joint tenants but will pass through their estate. 2. Simi Valley California Grant Deed — Two Individuals to Three Individuals as Joint Tenants — With Survivorship: This grant deed establishes joint tenancy with the right of survivorship. If one of the joint tenants passes away, their share automatically transfers to the surviving joint tenants, avoiding the need for probate. These types of grant deeds are commonly used in Simi Valley, California, to facilitate the transfer of property ownership between parties. It is crucial to consult with a real estate attorney or experienced professional to ensure the accurate preparation and recording of the grant deed, adhering to all legal requirements.Simi Valley California Grant Deed — Two Individuals to Three Individuals as Joint Tenants is a legal document that involves the transfer of ownership of real property in Simi Valley, California, from two individuals to three other individuals as joint tenants. This type of grant deed establishes joint tenancy, which means that the three individuals will have equal ownership rights and share the property equally. The grant deed serves as evidence of the transfer of ownership and typically includes relevant details such as the names and addresses of the granters (the individuals transferring the property) and grantees (the individuals receiving the property), a legal property description, and the signatures of both parties involved. It may also mention the consideration amount, indicating whether money was exchanged for the property. In Simi Valley, California, there are variations of this grant deed depending on specific circumstances and requirements: 1. Simi Valley California Grant Deed — Two Individuals to Three Individuals as Joint Tenants — Without Survivorship: This type of grant deed establishes joint tenancy without the right of survivorship. In the event of the death of one of the joint tenants, their share of the property will not automatically go to the surviving joint tenants but will pass through their estate. 2. Simi Valley California Grant Deed — Two Individuals to Three Individuals as Joint Tenants — With Survivorship: This grant deed establishes joint tenancy with the right of survivorship. If one of the joint tenants passes away, their share automatically transfers to the surviving joint tenants, avoiding the need for probate. These types of grant deeds are commonly used in Simi Valley, California, to facilitate the transfer of property ownership between parties. It is crucial to consult with a real estate attorney or experienced professional to ensure the accurate preparation and recording of the grant deed, adhering to all legal requirements.
