This form is a Quitclaim Deed where the grantors are three individuals and the grantees are two individuals holding title as tenants in common.
A Pomona California Quitclaim Deed for Three Individuals to Two Individuals as Tenants in Common is a legal document used to transfer property ownership from three individuals to two individuals, who will hold the property as tenants in common. This type of deed is commonly used when co-owners of a property want to restructure their ownership interests. A Quitclaim Deed is a legal instrument that allows an individual (the granter) to transfer any interest they have in a property to another person or entity (the grantee). Unlike a warranty deed, a quitclaim deed does not guarantee that the granter has clear title to the property or that there are no other claims or liens against it. In this specific case, the quitclaim deed is being used to transfer ownership of a property located in Pomona, California. Three individuals currently hold the property title, and they have decided to transfer their ownership interests to two other individuals. These two new owners will hold the property as tenants in common, meaning that they will each have an undivided interest in the property, with no right of survivorship. It is important to note that if there are different types of Pomona California Quitclaim Deed for Three Individuals to Two Individuals as Tenants in Common, they are not specifically mentioned or recognized within the legal context. The basic concept of the quitclaim deed and the tenancy in common ownership structure remain the same, regardless of any variations or additional specifications that may be included in individual cases. The keywords relevant to this topic are: Pomona California, Quitclaim Deed, Three Individuals, Two Individuals, Tenants in Common, Property Ownership, Co-owners, Restructuring Ownership Interests, Legal Instrument, Granter, Grantee, Clear Title, Claims, Liens, Property Transfer, Undivided Interest, Right of Survivorship.A Pomona California Quitclaim Deed for Three Individuals to Two Individuals as Tenants in Common is a legal document used to transfer property ownership from three individuals to two individuals, who will hold the property as tenants in common. This type of deed is commonly used when co-owners of a property want to restructure their ownership interests. A Quitclaim Deed is a legal instrument that allows an individual (the granter) to transfer any interest they have in a property to another person or entity (the grantee). Unlike a warranty deed, a quitclaim deed does not guarantee that the granter has clear title to the property or that there are no other claims or liens against it. In this specific case, the quitclaim deed is being used to transfer ownership of a property located in Pomona, California. Three individuals currently hold the property title, and they have decided to transfer their ownership interests to two other individuals. These two new owners will hold the property as tenants in common, meaning that they will each have an undivided interest in the property, with no right of survivorship. It is important to note that if there are different types of Pomona California Quitclaim Deed for Three Individuals to Two Individuals as Tenants in Common, they are not specifically mentioned or recognized within the legal context. The basic concept of the quitclaim deed and the tenancy in common ownership structure remain the same, regardless of any variations or additional specifications that may be included in individual cases. The keywords relevant to this topic are: Pomona California, Quitclaim Deed, Three Individuals, Two Individuals, Tenants in Common, Property Ownership, Co-owners, Restructuring Ownership Interests, Legal Instrument, Granter, Grantee, Clear Title, Claims, Liens, Property Transfer, Undivided Interest, Right of Survivorship.