This form is a Grant Deed where the grantor is one individual and the grantees are five individuals holding title as joint tenants.
A Sacramento California Grant Deed — One Individual to Five Individuals as Joint Tenants is a legal document used to transfer ownership of real property from one individual to five individuals as joint tenants. This type of deed allows multiple individuals to hold equal shares of the property with the right of survivorship. In this grant deed, one individual, referred to as the granter, conveys the property to five individuals, known as grantees. The grantees hold the property as joint tenants, meaning they have equal rights and interests in the property. If one tenant passes away, their share automatically transfers to the remaining tenants, rather than being passed on through the deceased individual's estate. This type of grant deed is often used in situations where multiple individuals wish to collectively own a property and have the right of survivorship. It provides an efficient and straightforward method for transferring and establishing joint ownership. Keywords: Sacramento California, Grant Deed, One Individual, Five Individuals, Joint Tenants, Property Ownership, Right of Survivorship. Other types of Grant Deeds in Sacramento, California: 1. Sacramento California Grant Deed — One Individual to One Individual as Joint Tenants: This type of grant deed transfers ownership from one individual to another, with both parties holding equal shares and the right of survivorship. 2. Sacramento California Grant Deed — One Individual to One Individual as Tenants in Common: This grant deed transfers ownership from one individual to another, but the parties hold distinct shares of the property instead of equal shares. Each owner can sell, mortgage, or transfer their share independently. 3. Sacramento California Grant Deed — One Individual to One Individual as Community Property: This grant deed is used when a married couple wishes to transfer property between themselves. The property is owned equally by both spouses, and it is subject to community property laws. 4. Sacramento California Grant Deed — One Individual to an Entity: This type of grant deed transfers ownership from an individual to a legal entity such as a corporation, partnership, or trust. The entity becomes the new owner of the property. 5. Sacramento California Grant Deed — Two Individuals to One Individual: This grant deed is used when two individuals transfer ownership to one individual. It may involve situations like gifting, inheritance, or changing the property title.A Sacramento California Grant Deed — One Individual to Five Individuals as Joint Tenants is a legal document used to transfer ownership of real property from one individual to five individuals as joint tenants. This type of deed allows multiple individuals to hold equal shares of the property with the right of survivorship. In this grant deed, one individual, referred to as the granter, conveys the property to five individuals, known as grantees. The grantees hold the property as joint tenants, meaning they have equal rights and interests in the property. If one tenant passes away, their share automatically transfers to the remaining tenants, rather than being passed on through the deceased individual's estate. This type of grant deed is often used in situations where multiple individuals wish to collectively own a property and have the right of survivorship. It provides an efficient and straightforward method for transferring and establishing joint ownership. Keywords: Sacramento California, Grant Deed, One Individual, Five Individuals, Joint Tenants, Property Ownership, Right of Survivorship. Other types of Grant Deeds in Sacramento, California: 1. Sacramento California Grant Deed — One Individual to One Individual as Joint Tenants: This type of grant deed transfers ownership from one individual to another, with both parties holding equal shares and the right of survivorship. 2. Sacramento California Grant Deed — One Individual to One Individual as Tenants in Common: This grant deed transfers ownership from one individual to another, but the parties hold distinct shares of the property instead of equal shares. Each owner can sell, mortgage, or transfer their share independently. 3. Sacramento California Grant Deed — One Individual to One Individual as Community Property: This grant deed is used when a married couple wishes to transfer property between themselves. The property is owned equally by both spouses, and it is subject to community property laws. 4. Sacramento California Grant Deed — One Individual to an Entity: This type of grant deed transfers ownership from an individual to a legal entity such as a corporation, partnership, or trust. The entity becomes the new owner of the property. 5. Sacramento California Grant Deed — Two Individuals to One Individual: This grant deed is used when two individuals transfer ownership to one individual. It may involve situations like gifting, inheritance, or changing the property title.
