This form is a Grant Deed where the grantors are husband and wife and the grantees are three individuals holding title as joint tenants.
A Vacaville California Grant Deed from Husband and Wife to Three Individuals as Joint Tenants is a legally binding document that transfers ownership of a property from a married couple to three individuals, who will hold equal shares in the property as joint tenants. This type of deed ensures that the property passes directly to the remaining joint tenants upon the death of any one of them. In Vacaville, California, there are two common types of Grant Deeds used in such situations: 1. Conventional Grant Deed: A conventional grant deed is a basic form of transfer where the husband and wife, referred to as granters, transfer their interest in the property to three individuals, referred to as grantees. This document outlines the names of the parties involved, legal description of the property, and granters' affirmation that they have the right to transfer the property. It also includes a warranty that the property is free from any encumbrances, except those explicitly stated in the deed. 2. Grant Deed with Survivorship Rights: This type of grant deed includes a provision specifying joint tenancy with survivorship rights. Joint tenancy means that each of the three individuals holds an equal and undivided interest in the property. Additionally, survivorship rights ensure that if one of the joint tenants passes away, their share automatically transfers to the remaining joint tenants, without the need for probate or a separate transfer process. Keywords: Vacaville California, Grant Deed, Husband and Wife, Three Individuals, Joint Tenants, Conventional Grant Deed, Grant Deed with Survivorship Rights, Property Transfer, Legal Description, Warranty, Encumbrances, Probate.A Vacaville California Grant Deed from Husband and Wife to Three Individuals as Joint Tenants is a legally binding document that transfers ownership of a property from a married couple to three individuals, who will hold equal shares in the property as joint tenants. This type of deed ensures that the property passes directly to the remaining joint tenants upon the death of any one of them. In Vacaville, California, there are two common types of Grant Deeds used in such situations: 1. Conventional Grant Deed: A conventional grant deed is a basic form of transfer where the husband and wife, referred to as granters, transfer their interest in the property to three individuals, referred to as grantees. This document outlines the names of the parties involved, legal description of the property, and granters' affirmation that they have the right to transfer the property. It also includes a warranty that the property is free from any encumbrances, except those explicitly stated in the deed. 2. Grant Deed with Survivorship Rights: This type of grant deed includes a provision specifying joint tenancy with survivorship rights. Joint tenancy means that each of the three individuals holds an equal and undivided interest in the property. Additionally, survivorship rights ensure that if one of the joint tenants passes away, their share automatically transfers to the remaining joint tenants, without the need for probate or a separate transfer process. Keywords: Vacaville California, Grant Deed, Husband and Wife, Three Individuals, Joint Tenants, Conventional Grant Deed, Grant Deed with Survivorship Rights, Property Transfer, Legal Description, Warranty, Encumbrances, Probate.
