This form is a Grant Deed where the grantors are two individuals and the grantees are three individuals holding title as joint tenants.
A Sunnyvale California Grant Deed — Two Individuals to Three Individuals as Joint Tenants is a legal document that transfers ownership of a property located in Sunnyvale, California, from two individuals to three individuals as joint tenants. This type of grant deed establishes the co-ownership of the property among the three individuals, granting them equal rights and interests in the property. In this specific grant deed, there are two granters (individuals transferring the property) who originally held title to the property, and three grantees (individuals receiving the property) who will become joint tenants. The granters convey their interests in the property to the grantees jointly, meaning they will all have an undivided ownership interest in the property. By using the term "Joint Tenants," it implies that the three individuals will hold the property together, sharing equal rights, and having the right of survivorship. This means that if one of the joint tenants passes away, their interest in the property automatically transfers to the remaining joint tenants, rather than to their heirs or beneficiaries. The Sunnyvale California Grant Deed — Two Individuals to Three Individuals as Joint Tenants ensures a clear transfer of ownership and provides legal protection for all parties involved. It must include the legal description of the property, including its address, parcel number, and boundaries, to accurately identify the property being transferred. Other types of Sunnyvale California Grant Deed variations may include "Two Individuals to Two Individuals as Joint Tenants," "Three Individuals to Four Individuals as Joint Tenants," or "Individual to Corporation as Joint Tenants." These variations depend on the specific number of granters and grantees involved in the property transfer. In summary, a Sunnyvale California Grant Deed — Two Individuals to Three Individuals as Joint Tenants facilitates the transfer of property ownership from two individuals to three individuals, establishing joint tenancy and ensuring equal rights and the right of survivorship among them. It is a crucial legal document that solidifies the co-ownership and protects the interests of all parties involved in Sunnyvale, California.A Sunnyvale California Grant Deed — Two Individuals to Three Individuals as Joint Tenants is a legal document that transfers ownership of a property located in Sunnyvale, California, from two individuals to three individuals as joint tenants. This type of grant deed establishes the co-ownership of the property among the three individuals, granting them equal rights and interests in the property. In this specific grant deed, there are two granters (individuals transferring the property) who originally held title to the property, and three grantees (individuals receiving the property) who will become joint tenants. The granters convey their interests in the property to the grantees jointly, meaning they will all have an undivided ownership interest in the property. By using the term "Joint Tenants," it implies that the three individuals will hold the property together, sharing equal rights, and having the right of survivorship. This means that if one of the joint tenants passes away, their interest in the property automatically transfers to the remaining joint tenants, rather than to their heirs or beneficiaries. The Sunnyvale California Grant Deed — Two Individuals to Three Individuals as Joint Tenants ensures a clear transfer of ownership and provides legal protection for all parties involved. It must include the legal description of the property, including its address, parcel number, and boundaries, to accurately identify the property being transferred. Other types of Sunnyvale California Grant Deed variations may include "Two Individuals to Two Individuals as Joint Tenants," "Three Individuals to Four Individuals as Joint Tenants," or "Individual to Corporation as Joint Tenants." These variations depend on the specific number of granters and grantees involved in the property transfer. In summary, a Sunnyvale California Grant Deed — Two Individuals to Three Individuals as Joint Tenants facilitates the transfer of property ownership from two individuals to three individuals, establishing joint tenancy and ensuring equal rights and the right of survivorship among them. It is a crucial legal document that solidifies the co-ownership and protects the interests of all parties involved in Sunnyvale, California.