This form is a Quitclaim Deed where the grantors are husband and wife and the grantees are four individuals holding title as joint tenants.
Description: A Daly City California Quitclaim Deed from Husband and Wife to Four Individuals as Joint Tenants is a legal document transferring property ownership rights from a married couple to four individuals as joint tenants in Daly City, California. This type of quitclaim deed ensures that the property is jointly owned by the four individuals with equal rights and shares. In this specific quitclaim deed, the husband and wife voluntarily transfer their interest in the property to the four individuals, establishing joint tenancy. Joint tenancy provides equal rights and shares to all parties involved, granting them the same rights to use, possess, and enjoy the property. There are different variations of Daly City California Quitclaim Deeds from Husband and Wife to Four Individuals as Joint Tenants that may be referred to in specific circumstances: 1. Daly City California Quitclaim Deed from Husband and Wife to Four Individuals as Joint Tenants with Right of Survivorship: This type of quitclaim deed ensures that if one of the joint tenants passes away, their interest in the property automatically transfers to the surviving joint tenants, rather than their heirs or beneficiaries. 2. Daly City California Quitclaim Deed from Husband and Wife to Four Individuals as Joint Tenants in Common: Unlike joint tenancy with right of survivorship, joint tenancy in common allows each individual to own a specific share or percentage of the property. In this scenario, there is no automatic transfer of interest upon death, and each individual's ownership is considered separate and distinct. Overall, a Daly City California Quitclaim Deed from Husband and Wife to Four Individuals as Joint Tenants is an important legal document used to transfer property ownership to multiple individuals in Daly City, California. This type of quitclaim deed ensures that all individuals have equal rights and shares in the property.Description: A Daly City California Quitclaim Deed from Husband and Wife to Four Individuals as Joint Tenants is a legal document transferring property ownership rights from a married couple to four individuals as joint tenants in Daly City, California. This type of quitclaim deed ensures that the property is jointly owned by the four individuals with equal rights and shares. In this specific quitclaim deed, the husband and wife voluntarily transfer their interest in the property to the four individuals, establishing joint tenancy. Joint tenancy provides equal rights and shares to all parties involved, granting them the same rights to use, possess, and enjoy the property. There are different variations of Daly City California Quitclaim Deeds from Husband and Wife to Four Individuals as Joint Tenants that may be referred to in specific circumstances: 1. Daly City California Quitclaim Deed from Husband and Wife to Four Individuals as Joint Tenants with Right of Survivorship: This type of quitclaim deed ensures that if one of the joint tenants passes away, their interest in the property automatically transfers to the surviving joint tenants, rather than their heirs or beneficiaries. 2. Daly City California Quitclaim Deed from Husband and Wife to Four Individuals as Joint Tenants in Common: Unlike joint tenancy with right of survivorship, joint tenancy in common allows each individual to own a specific share or percentage of the property. In this scenario, there is no automatic transfer of interest upon death, and each individual's ownership is considered separate and distinct. Overall, a Daly City California Quitclaim Deed from Husband and Wife to Four Individuals as Joint Tenants is an important legal document used to transfer property ownership to multiple individuals in Daly City, California. This type of quitclaim deed ensures that all individuals have equal rights and shares in the property.