Tallahassee Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship

• Category: Florida Real Estate - Deeds - Warranty
• State: Florida
• City: Tallahassee
• Control #: FL-SDEED-8-1
• Format: Word; Rich Text

Description

This form is a Warranty Deed where the grantor(s) could be an individual or husband and wife and the grantees are three individuals holding title as joint tenants. A Tallahassee Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship is a legal document used to transfer property ownership from individuals or a married couple to three individuals as joint tenants. This type of deed ensures that if one of the joint tenants passes away, their share of the property automatically transfers to the surviving joint tenants. In Tallahassee, Florida, there are different variations of this warranty deed based on the specific circumstances of the situation. These variations include: 1. General Warranty Deed: This type of deed provides the highest level of protection for the new owners, as it guarantees that the transferor has clear and marketable title to the property and will defend against any claims to the property's ownership. 2. Special Warranty Deed: Unlike the general warranty deed, a special warranty deed only guarantees that the transferor has not done anything to negatively impact the property's title during their ownership. It does not protect against any claims or encumbrances that may have existed prior to their ownership. 3. Quitclaim Deed: A quitclaim deed transfers the transferor's interest in the property to the new owners, without making any warranties about the title or condition of the property. It simply releases any claim the transferor may have had to the property. 4. Lady Bird Deed: Also known as an enhanced life estate deed, this type of deed allows the granter (individual or married couple) to retain control and rights to the property during their lifetime, while simultaneously transferring the property to the named joint tenants upon their death. This deed provides flexibility and avoids probate by including a "reserving a life estate" provision. When completing a Tallahassee Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship, it is important to consult with a real estate attorney or an experienced title company to ensure all legal requirements and considerations are met.

A Tallahassee Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship is a legal document used to transfer property ownership from individuals or a married couple to three individuals as joint tenants. This type of deed ensures that if one of the joint tenants passes away, their share of the property automatically transfers to the surviving joint tenants. In Tallahassee, Florida, there are different variations of this warranty deed based on the specific circumstances of the situation. These variations include: 1. General Warranty Deed: This type of deed provides the highest level of protection for the new owners, as it guarantees that the transferor has clear and marketable title to the property and will defend against any claims to the property's ownership. 2. Special Warranty Deed: Unlike the general warranty deed, a special warranty deed only guarantees that the transferor has not done anything to negatively impact the property's title during their ownership. It does not protect against any claims or encumbrances that may have existed prior to their ownership. 3. Quitclaim Deed: A quitclaim deed transfers the transferor's interest in the property to the new owners, without making any warranties about the title or condition of the property. It simply releases any claim the transferor may have had to the property. 4. Lady Bird Deed: Also known as an enhanced life estate deed, this type of deed allows the granter (individual or married couple) to retain control and rights to the property during their lifetime, while simultaneously transferring the property to the named joint tenants upon their death. This deed provides flexibility and avoids probate by including a "reserving a life estate" provision. When completing a Tallahassee Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship, it is important to consult with a real estate attorney or an experienced title company to ensure all legal requirements and considerations are met.