This form is a Warranty Deed where the Grantors are two individuals, or husband and wife, the Grantees are two individuals. Grantors convey and warrant the described property to the Grantees. The Grantees take the property as tenants in common, joint tenants with the right of survivorship or as tenants by the entireties. This deed complies with all state statutory laws.
A Lakeland Florida Warranty Deed is a legal document that transfers ownership of real property from a husband and wife or two individuals to two individuals, ensuring that the property has a clear title and is free of any encumbrances. This type of deed provides protection and guarantees to the new owners (grantees) that the property is free from any claims or issues related to ownership. The two main types of Lakeland Florida Warranty Deed — Husband and Wife or Two Individuals to Two Individuals are: 1. Joint Tenancy with Rights of Survivorship: This type of warranty deed creates a joint ownership between the husband and wife or two individuals, where both parties have an equal undivided interest in the property. In the event of the death of one owner, the surviving owner automatically inherits the deceased owner's interest, without the need for probate. 2. Tenancy in Common: With this type of warranty deed, the husband and wife or two individuals each hold a distinct and separate share of the property. The ownership percentages can be divided equally or unequally, depending on the agreement between the parties involved. In the event of the death of one owner, their share will pass to their heirs or as directed in their will, without automatically transferring to the surviving owner. It is important to note that a Lakeland Florida Warranty Deed should include specific information such as the names of the parties involved, the legal description of the property being transferred, the consideration (if any) exchanged, and the signature of the granters (husband and wife or two individuals) in the presence of a notary public. By utilizing a Lakeland Florida Warranty Deed in a property transfer, the new owners can enjoy peace of mind knowing that they are acquiring the property with guaranteed ownership rights and protection against any future claims on the property.A Lakeland Florida Warranty Deed is a legal document that transfers ownership of real property from a husband and wife or two individuals to two individuals, ensuring that the property has a clear title and is free of any encumbrances. This type of deed provides protection and guarantees to the new owners (grantees) that the property is free from any claims or issues related to ownership. The two main types of Lakeland Florida Warranty Deed — Husband and Wife or Two Individuals to Two Individuals are: 1. Joint Tenancy with Rights of Survivorship: This type of warranty deed creates a joint ownership between the husband and wife or two individuals, where both parties have an equal undivided interest in the property. In the event of the death of one owner, the surviving owner automatically inherits the deceased owner's interest, without the need for probate. 2. Tenancy in Common: With this type of warranty deed, the husband and wife or two individuals each hold a distinct and separate share of the property. The ownership percentages can be divided equally or unequally, depending on the agreement between the parties involved. In the event of the death of one owner, their share will pass to their heirs or as directed in their will, without automatically transferring to the surviving owner. It is important to note that a Lakeland Florida Warranty Deed should include specific information such as the names of the parties involved, the legal description of the property being transferred, the consideration (if any) exchanged, and the signature of the granters (husband and wife or two individuals) in the presence of a notary public. By utilizing a Lakeland Florida Warranty Deed in a property transfer, the new owners can enjoy peace of mind knowing that they are acquiring the property with guaranteed ownership rights and protection against any future claims on the property.
