Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Two (2) Individuals as Joint Tenants with the Right of Survivorship

• Category: Florida Real Estate - Deeds - Warranty
• State: Florida
• City: Lakeland
• Control #: FL-SDEED-8-11
• Format: Word; Rich Text

Description

This form is a Warranty Deed where the grantors may be an individual(s) or husband and wife, while the grantees are two individuals holding title as joint tenants. A Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Two (2) Individuals as Joint Tenants with the Right of Survivorship is a legal document that transfers ownership of real property located in Lakeland, Florida, from individuals or a married couple to two (2) individuals as joint tenants. In this type of warranty deed, the transferor(s) known as granter(s) convey the property to the two (2) individuals as joint tenants, meaning that they have an equal and undivided interest in the property. The right of survivorship ensures that if one joint tenant passes away, the surviving joint tenant automatically inherits the deceased tenant's share, effectively becoming the sole owner of the entire property. The purpose of executing this warranty deed is to provide a secure and legally recognized method of transferring property rights and ensuring the continuity of ownership even in the event of the death of one of the joint tenants. It avoids the need for probate, thereby simplifying the transfer of ownership to the surviving joint tenant. The main keywords relevant to this warranty deed include "Lakeland Florida," referencing the geographical location of the property, "warranty deed," highlighting the type of deed being used for the transfer, "individuals" or "husband and wife," specifying the granters involved in the transaction, "two individuals," defining the new joint tenants, and "joint tenants with the right of survivorship," emphasizing the unique characteristic of this deed. Different types of Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Two (2) Individuals as Joint Tenants with the Right of Survivorship may include variations that cater to specific circumstances. For instance, there could be a variation where the granters are a same-sex couple, or where the granters are identified as domestic partners instead of husband and wife. These variations may be necessary to comply with specific legal requirements or to reflect the unique circumstances of the individuals involved in the property transfer.

A Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Two (2) Individuals as Joint Tenants with the Right of Survivorship is a legal document that transfers ownership of real property located in Lakeland, Florida, from individuals or a married couple to two (2) individuals as joint tenants. In this type of warranty deed, the transferor(s) known as granter(s) convey the property to the two (2) individuals as joint tenants, meaning that they have an equal and undivided interest in the property. The right of survivorship ensures that if one joint tenant passes away, the surviving joint tenant automatically inherits the deceased tenant's share, effectively becoming the sole owner of the entire property. The purpose of executing this warranty deed is to provide a secure and legally recognized method of transferring property rights and ensuring the continuity of ownership even in the event of the death of one of the joint tenants. It avoids the need for probate, thereby simplifying the transfer of ownership to the surviving joint tenant. The main keywords relevant to this warranty deed include "Lakeland Florida," referencing the geographical location of the property, "warranty deed," highlighting the type of deed being used for the transfer, "individuals" or "husband and wife," specifying the granters involved in the transaction, "two individuals," defining the new joint tenants, and "joint tenants with the right of survivorship," emphasizing the unique characteristic of this deed. Different types of Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Two (2) Individuals as Joint Tenants with the Right of Survivorship may include variations that cater to specific circumstances. For instance, there could be a variation where the granters are a same-sex couple, or where the granters are identified as domestic partners instead of husband and wife. These variations may be necessary to comply with specific legal requirements or to reflect the unique circumstances of the individuals involved in the property transfer.