Lakeland 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: Lakeland
• Control #: FL-SDEED-8-15
• Format: Word; Rich Text

Description

This form is a Warranty Deed where the grantor is an individual or husband and wife and the grantees are three individuals holding title as joint tenants. In Lakeland, Florida, a 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 ownership of a property from one party or couple to another three individuals, ensuring that they hold equal and undivided interests in the property. This type of deed provides added security by guaranteeing that the property is free from any defects in title and that the granter will defend the title against any claims. Under this particular warranty deed, the property is being transferred to three individuals as joint tenants with the right of survivorship. This means that all three individuals will have an equal share of ownership in the property and, upon the death of one of the joint tenants, their share will automatically pass to the surviving joint tenants. This process continues until only one joint tenant remains, who then becomes the sole owner of the property. Different variations of Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship may include: 1. Enhanced Life Estate Deed: This is also known as a Lady Bird Deed, which allows the granter to retain control and ownership rights during their lifetime while naming the three individuals as remainder beneficiaries. This type of deed offers additional flexibility and control for the granter. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a limited guarantee of title, protecting the granter only against title defects that occurred during their ownership. This type of deed is commonly used when the granter wants to transfer ownership without assuming liability for any previous title issues. 3. Quitclaim Deed: While not specific to this particular scenario, a quitclaim deed can be used to transfer ownership to the three individuals as joint tenants. However, it does not provide any warranty or guarantee of title, and the grantee receives only the interest that the granter had at the time of the deed's execution. When dealing with a Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship, it is crucial to consult with a qualified real estate attorney or professional to ensure the correct document is utilized and all legal requirements are fulfilled.

In Lakeland, Florida, a 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 ownership of a property from one party or couple to another three individuals, ensuring that they hold equal and undivided interests in the property. This type of deed provides added security by guaranteeing that the property is free from any defects in title and that the granter will defend the title against any claims. Under this particular warranty deed, the property is being transferred to three individuals as joint tenants with the right of survivorship. This means that all three individuals will have an equal share of ownership in the property and, upon the death of one of the joint tenants, their share will automatically pass to the surviving joint tenants. This process continues until only one joint tenant remains, who then becomes the sole owner of the property. Different variations of Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship may include: 1. Enhanced Life Estate Deed: This is also known as a Lady Bird Deed, which allows the granter to retain control and ownership rights during their lifetime while naming the three individuals as remainder beneficiaries. This type of deed offers additional flexibility and control for the granter. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a limited guarantee of title, protecting the granter only against title defects that occurred during their ownership. This type of deed is commonly used when the granter wants to transfer ownership without assuming liability for any previous title issues. 3. Quitclaim Deed: While not specific to this particular scenario, a quitclaim deed can be used to transfer ownership to the three individuals as joint tenants. However, it does not provide any warranty or guarantee of title, and the grantee receives only the interest that the granter had at the time of the deed's execution. When dealing with a Lakeland Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship, it is crucial to consult with a qualified real estate attorney or professional to ensure the correct document is utilized and all legal requirements are fulfilled.