This form is a Quitclaim Deed where the grantors are two individuals and the grantees are three individuals holding title as joint tenants.
A Quitclaim Deed is a legal document commonly used in Fullerton, California, to transfer property ownership from two individuals to three individuals as joint tenants. This type of deed allows the granters (the two individuals transferring the ownership) to convey their interest or claim in the property to the grantees (the three individuals receiving the ownership) without making any warranties. In Fullerton, California, there are two main types of Quitclaim Deeds for transferring property ownership from two individuals to three individuals as joint tenants: 1. Fullerton California Quitclaim Deed From Two Individuals to Three Individuals as Joint Tenants — Standard: This type of quitclaim deed is commonly used when two individuals wish to transfer their property interest to three individuals as joint tenants. By filing this deed, the granters relinquish their rights, interests, and claims in the property, while the grantees become co-owners with equal shares and rights. This type of quitclaim deed requires the legal description of the property, names, addresses, and signatures of all parties involved. 2. Fullerton California Quitclaim Deed From Two Individuals to Three Individuals as Joint Tenants With Right of Survivorship: This variation of quitclaim deed is similar to the standard one, with the added provision of "right of survivorship." This means that in the event of the death of one of the joint tenants, their interest automatically passes to the surviving joint tenants. This type of deed ensures seamless transfer of ownership and avoids potential issues that may arise upon the death of a joint tenant. It requires the same information and signatures as the standard quitclaim deed. It is essential to note that a quitclaim deed does not guarantee the title's validity or guarantee that there are no existing liens or encumbrances on the property. Therefore, it is advisable to consult with a real estate attorney or a title company to ensure the smooth transfer of ownership and to conduct a title search before executing the quitclaim deed. In conclusion, when two individuals in Fullerton, California, wish to transfer their property interest to three individuals as joint tenants, they can choose either a standard quitclaim deed or a quitclaim deed with the right of survivorship. Both types of deeds require the necessary information and signatures from all parties involved to facilitate the legal transfer of property ownership.A Quitclaim Deed is a legal document commonly used in Fullerton, California, to transfer property ownership from two individuals to three individuals as joint tenants. This type of deed allows the granters (the two individuals transferring the ownership) to convey their interest or claim in the property to the grantees (the three individuals receiving the ownership) without making any warranties. In Fullerton, California, there are two main types of Quitclaim Deeds for transferring property ownership from two individuals to three individuals as joint tenants: 1. Fullerton California Quitclaim Deed From Two Individuals to Three Individuals as Joint Tenants — Standard: This type of quitclaim deed is commonly used when two individuals wish to transfer their property interest to three individuals as joint tenants. By filing this deed, the granters relinquish their rights, interests, and claims in the property, while the grantees become co-owners with equal shares and rights. This type of quitclaim deed requires the legal description of the property, names, addresses, and signatures of all parties involved. 2. Fullerton California Quitclaim Deed From Two Individuals to Three Individuals as Joint Tenants With Right of Survivorship: This variation of quitclaim deed is similar to the standard one, with the added provision of "right of survivorship." This means that in the event of the death of one of the joint tenants, their interest automatically passes to the surviving joint tenants. This type of deed ensures seamless transfer of ownership and avoids potential issues that may arise upon the death of a joint tenant. It requires the same information and signatures as the standard quitclaim deed. It is essential to note that a quitclaim deed does not guarantee the title's validity or guarantee that there are no existing liens or encumbrances on the property. Therefore, it is advisable to consult with a real estate attorney or a title company to ensure the smooth transfer of ownership and to conduct a title search before executing the quitclaim deed. In conclusion, when two individuals in Fullerton, California, wish to transfer their property interest to three individuals as joint tenants, they can choose either a standard quitclaim deed or a quitclaim deed with the right of survivorship. Both types of deeds require the necessary information and signatures from all parties involved to facilitate the legal transfer of property ownership.
