A Gainesville Florida Warranty Deed from Individuals or Husband and Wife to Individuals (3) as Tenants in Common is a legally binding document that transfers ownership of real property from individual owners, or a married couple, to three individuals who will hold the property as tenants in common. This type of deed signifies that each individual will have an undivided interest in the property, with equal rights to use and enjoy it. In Gainesville, Florida, there are a few variations of Warranty Deeds from Individuals or Husband and Wife to Individuals (3) as Tenants in Common, depending on the specific circumstances: 1. General Warranty Deed: This type of warranty deed ensures that the granter (individual owner or married couple) guarantees clear ownership and title to the property. It provides the highest level of protection for the grantee (individuals as tenants in common) against any past claims or defects in title. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees a clear title for the period the granter owned the property. It does not provide protection against past claims or defects that may have occurred before the granter's ownership. 3. Quitclaim Deed: A quitclaim deed offers the least amount of protection for the grantee. It simply transfers the granter's interest in the property to the grantees without any warranties or guarantees. This type of deed is often used when the granter is unsure about the title status or when transferring property between family members. When executing a Gainesville Florida Warranty Deed from Individuals or Husband and Wife to Individuals (3) as Tenants in Common, it is crucial to include the legal description of the property, including boundaries and any easements or encumbrances. The document should clearly state the names of the granters and grantees, along with their relationship (individuals or husband and wife). It must also be signed and notarized to ensure its legality and validity. By using this specific type of warranty deed, individuals in Gainesville, Florida, can transfer ownership of property to three individuals as tenants in common, allowing them to collectively enjoy and manage the property while holding an undivided interest.