This form is a Grant Deed where the grantor is a corporation and the grantees are three individuals holding title as joint tenants.
Clovis California Grant Deed — Corporation to Three Individuals as Joint Tenants is a legal document used to transfer ownership of property in the city of Clovis, California, from a corporation to three individuals who will hold the property as joint tenants. A grant deed is a formal document that legally transfers the ownership of real property from one party (in this case, a corporation) to another party (the three individuals) with explicit warranties of title. The granter, in this case, the corporation, conveys the property to the grantees (the three individuals) with the intention of giving them joint tenancy ownership rights. The term "joint tenants" refers to a form of property co-ownership where the individuals involved share equal ownership and have the right of survivorship. This means that if one of the joint tenants passes away, their share of the property automatically passes to the surviving joint tenants, avoiding probate. Types of Clovis California Grant Deed — Corporation to Three Individuals as Joint Tenants may include: 1. Residential Property Grant Deed: This type of grant deed is used when a corporation transfers the ownership of a residential property to three individuals as joint tenants. It could be a single-family home, condominium, or townhouse. 2. Commercial Property Grant Deed: In cases where a corporation owns a commercial property and decides to transfer it to three individuals, this type of grant deed can be used. It enables the joint tenancy ownership of commercial properties such as office buildings, retail spaces, or warehouses. 3. Vacant Land Grant Deed: When a corporation owns vacant land in Clovis, California, and chooses to transfer it to three individuals as joint tenants, a vacant land grant deed is utilized. This type of grant deed enables joint ownership of undeveloped land with the intention of future development or investment. Overall, the Clovis California Grant Deed — Corporation to Three Individuals as Joint Tenants is a legal instrument that facilitates the transfer of property ownership from a corporation to three individuals who will hold the property as joint tenants in Clovis, California. The deed specifies the type of property being transferred, whether residential, commercial, or vacant land. This document ensures the legal transfer of property rights while providing the convenience and security of joint tenancy ownership.Clovis California Grant Deed — Corporation to Three Individuals as Joint Tenants is a legal document used to transfer ownership of property in the city of Clovis, California, from a corporation to three individuals who will hold the property as joint tenants. A grant deed is a formal document that legally transfers the ownership of real property from one party (in this case, a corporation) to another party (the three individuals) with explicit warranties of title. The granter, in this case, the corporation, conveys the property to the grantees (the three individuals) with the intention of giving them joint tenancy ownership rights. The term "joint tenants" refers to a form of property co-ownership where the individuals involved share equal ownership and have the right of survivorship. This means that if one of the joint tenants passes away, their share of the property automatically passes to the surviving joint tenants, avoiding probate. Types of Clovis California Grant Deed — Corporation to Three Individuals as Joint Tenants may include: 1. Residential Property Grant Deed: This type of grant deed is used when a corporation transfers the ownership of a residential property to three individuals as joint tenants. It could be a single-family home, condominium, or townhouse. 2. Commercial Property Grant Deed: In cases where a corporation owns a commercial property and decides to transfer it to three individuals, this type of grant deed can be used. It enables the joint tenancy ownership of commercial properties such as office buildings, retail spaces, or warehouses. 3. Vacant Land Grant Deed: When a corporation owns vacant land in Clovis, California, and chooses to transfer it to three individuals as joint tenants, a vacant land grant deed is utilized. This type of grant deed enables joint ownership of undeveloped land with the intention of future development or investment. Overall, the Clovis California Grant Deed — Corporation to Three Individuals as Joint Tenants is a legal instrument that facilitates the transfer of property ownership from a corporation to three individuals who will hold the property as joint tenants in Clovis, California. The deed specifies the type of property being transferred, whether residential, commercial, or vacant land. This document ensures the legal transfer of property rights while providing the convenience and security of joint tenancy ownership.
