A Hollywood Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship is a legally-binding document that transfers ownership of a property from the sellers (either individuals or a married couple) to three new owners as joint tenants. This type of deed ensures that the property will be owned equally by the three individuals, and in the event of the death of one of the joint tenants, their share will automatically pass on to the surviving tenants. Keywords: Hollywood Florida Warranty Deed, individuals, husband and wife, three individuals, joint tenants, right of survivorship, property ownership, legally-binding, share, transfer. Different Types of Hollywood Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the new owners, as it guarantees that the sellers are the lawful owners of the property and that there are no undisclosed claims or liens on the property. The sellers also pledge to defend against any future claims that may arise. 2. Special Warranty Deed: While similar to the general warranty deed, the special warranty deed only guarantees that the sellers have not incurred any issues with the property during their ownership. It does not provide protection against any undisclosed claims or liens that may have existed prior to their ownership. 3. Quitclaim Deed: The quitclaim deed is a type of warranty deed that offers the least amount of protection to the new owners. It simply transfers the sellers' rights and interests in the property to the new owners without any guarantees or promises regarding the property's title or potential existing claims or liens. These types of warranty deeds are crucial in real estate transactions as they ensure proper ownership transfer and protect the new owners from any unforeseen claims or disputes. It is always recommended consulting with a qualified attorney or real estate professional to understand the specific regulations and requirements associated with these deeds in Hollywood, Florida.
Hollywood Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship
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