St. Petersburg 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: St. Petersburg
• 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. The St. Petersburg Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship is a legal document that transfers ownership of a property located in St. Petersburg, Florida from the current owners, whether they are individuals or a married couple, to three individuals who will hold the property jointly as tenants with the right of survivorship. In this type of warranty deed, the current owners, also known as the granters, are conveying their interest in the property to the three new owners, called the grantees. By utilizing a warranty deed, the granters are guaranteeing that they are the lawful owners of the property, and they have the legal right to sell and transfer it. This provides the grantees with assurance that they are receiving a clear title to the property, free from any encumbrances or claims. The term "joint tenants" refers to the manner in which the three new owners will hold the property. As joint tenants, they each have an equal share in the property and have the right to use and enjoy it jointly. This means that no one owner has a greater claim to the property than the others. Additionally, the right of survivorship ensures that if one of the joint tenants passes away, their share of the property automatically and immediately transfers to the surviving joint tenants. This eliminates the need for probate or court involvement to transfer ownership. It is important to note that while this description specifically focuses on the St. Petersburg Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship, there may be variations or different types of warranty deeds available, such as a warranty deed with specific limitations or conditions. These variations could include trades or exchanges, transfers with consideration, or even modifications based on the marital status of the granters. It is essential to consult with a knowledgeable attorney or real estate professional to determine the most appropriate warranty deed type for your specific circumstances.

The St. Petersburg Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship is a legal document that transfers ownership of a property located in St. Petersburg, Florida from the current owners, whether they are individuals or a married couple, to three individuals who will hold the property jointly as tenants with the right of survivorship. In this type of warranty deed, the current owners, also known as the granters, are conveying their interest in the property to the three new owners, called the grantees. By utilizing a warranty deed, the granters are guaranteeing that they are the lawful owners of the property, and they have the legal right to sell and transfer it. This provides the grantees with assurance that they are receiving a clear title to the property, free from any encumbrances or claims. The term "joint tenants" refers to the manner in which the three new owners will hold the property. As joint tenants, they each have an equal share in the property and have the right to use and enjoy it jointly. This means that no one owner has a greater claim to the property than the others. Additionally, the right of survivorship ensures that if one of the joint tenants passes away, their share of the property automatically and immediately transfers to the surviving joint tenants. This eliminates the need for probate or court involvement to transfer ownership. It is important to note that while this description specifically focuses on the St. Petersburg Florida Warranty Deed from Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship, there may be variations or different types of warranty deeds available, such as a warranty deed with specific limitations or conditions. These variations could include trades or exchanges, transfers with consideration, or even modifications based on the marital status of the granters. It is essential to consult with a knowledgeable attorney or real estate professional to determine the most appropriate warranty deed type for your specific circumstances.