This form is a Special Warranty Deed for a Timeshare where the Grantors are husband and wife, or two individuals, and the Grantees are three individuals. Grantors convey and specially warrant the described property to the Grantees. Grantees take the property as tenants in common or joint tenants with the right of survivorship. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.
A Lakeland Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals is a legal document used to transfer ownership of a timeshare property located in Lakeland, Florida from a married couple or two individuals to three individuals. This type of deed ensures that the seller only guarantees the title against any defects or encumbrances that occurred during their ownership, rather than guaranteeing a clear title from all previous owners. There are two main types of Lakeland Florida Special Warranty Deeds for a Timeshare — Husband and Wife / Two Individuals to Three Individuals: 1. Joint Timeshare Ownership: This type of deed is used when a married couple or two individuals jointly own a timeshare property in Lakeland, Florida and wish to transfer ownership to three individuals. It outlines the specific details of the timeshare property, such as the legal description, unit number, and any applicable timeshare weeks or seasons. 2. Tenancy in Common Timeshare Ownership: In this scenario, a married couple or two individuals own a timeshare property in Lakeland, Florida as tenants in common, which means they hold unequal shares of the property. The special warranty deed transfers the ownership of this property to three individuals while maintaining the tenants in common ownership structure. It specifies the respective ownership percentages of each individual and any specific rights or restrictions associated with possession or use of the timeshare property. Keywords: Lakeland Florida, special warranty deed, timeshare, husband and wife, two individuals, three individuals, joint ownership, tenancy in common, ownership percentages, legal description, unit number, encumbrances, defects, transfer of ownership. Note: It is recommended to consult with a real estate attorney or qualified professional when drafting or executing any legal documents, such as a Lakeland Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals, to ensure compliance with relevant state and local laws.A Lakeland Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals is a legal document used to transfer ownership of a timeshare property located in Lakeland, Florida from a married couple or two individuals to three individuals. This type of deed ensures that the seller only guarantees the title against any defects or encumbrances that occurred during their ownership, rather than guaranteeing a clear title from all previous owners. There are two main types of Lakeland Florida Special Warranty Deeds for a Timeshare — Husband and Wife / Two Individuals to Three Individuals: 1. Joint Timeshare Ownership: This type of deed is used when a married couple or two individuals jointly own a timeshare property in Lakeland, Florida and wish to transfer ownership to three individuals. It outlines the specific details of the timeshare property, such as the legal description, unit number, and any applicable timeshare weeks or seasons. 2. Tenancy in Common Timeshare Ownership: In this scenario, a married couple or two individuals own a timeshare property in Lakeland, Florida as tenants in common, which means they hold unequal shares of the property. The special warranty deed transfers the ownership of this property to three individuals while maintaining the tenants in common ownership structure. It specifies the respective ownership percentages of each individual and any specific rights or restrictions associated with possession or use of the timeshare property. Keywords: Lakeland Florida, special warranty deed, timeshare, husband and wife, two individuals, three individuals, joint ownership, tenancy in common, ownership percentages, legal description, unit number, encumbrances, defects, transfer of ownership. Note: It is recommended to consult with a real estate attorney or qualified professional when drafting or executing any legal documents, such as a Lakeland Florida Special Warranty Deed for a Timeshare — Husband and Wife / Two Individuals to Three Individuals, to ensure compliance with relevant state and local laws.