This form is a Grant Deed where the grantor is one individual and the grantees are five individuals holding title as joint tenants.
Orange California Grant Deed — One Individual to Five Individuals as Joint Tenants is a legal document used in Orange County, California to transfer property ownership from one individual to five individuals as joint tenants. In this type of grant deed, the granter, who is the current owner of the property, transfers the ownership rights to the grantees, who are the five individuals receiving the property. This grant deed establishes joint tenancy, a form of property ownership where each individual has an equal and undivided interest in the property. Each joint tenant has the right of survivorship, meaning that if one of the joint tenants passes away, their share automatically goes to the remaining joint tenants, rather than being passed on through inheritance. In Orange County, California, there are different types of Orange California Grant Deed — One Individual to Five Individuals as Joint Tenants. These variations may include different terms and conditions, such as specific restrictions, easements, or covenants related to the property being transferred. These types may be named based on specific properties, addresses, or purposes of the transferred property. Keywords: Orange California Grant Deed, One Individual to Five Individuals, Joint Tenants, legal document, property ownership, Orange County, California, transfer, granter, grantees, joint tenancy, equal and undivided interest, right of survivorship, variations, terms and conditions, restrictions, easements, covenants, specific properties, addresses, purposes.Orange California Grant Deed — One Individual to Five Individuals as Joint Tenants is a legal document used in Orange County, California to transfer property ownership from one individual to five individuals as joint tenants. In this type of grant deed, the granter, who is the current owner of the property, transfers the ownership rights to the grantees, who are the five individuals receiving the property. This grant deed establishes joint tenancy, a form of property ownership where each individual has an equal and undivided interest in the property. Each joint tenant has the right of survivorship, meaning that if one of the joint tenants passes away, their share automatically goes to the remaining joint tenants, rather than being passed on through inheritance. In Orange County, California, there are different types of Orange California Grant Deed — One Individual to Five Individuals as Joint Tenants. These variations may include different terms and conditions, such as specific restrictions, easements, or covenants related to the property being transferred. These types may be named based on specific properties, addresses, or purposes of the transferred property. Keywords: Orange California Grant Deed, One Individual to Five Individuals, Joint Tenants, legal document, property ownership, Orange County, California, transfer, granter, grantees, joint tenancy, equal and undivided interest, right of survivorship, variations, terms and conditions, restrictions, easements, covenants, specific properties, addresses, purposes.