This form is a Warranty Deed where the grantor is an individual and the grantees hold title as tenants in common.
A Fulton Georgia Warranty Deed from Individual to Individuals as Tenants in Common is a legally binding document that transfers ownership of real estate property from one party (individual) to multiple parties (individuals) known as tenants in common. This type of deed ensures that the granter (individual transferring the property) guarantees the title is clear of any encumbrances and warrants the property against any future claims. Keywords: Fulton Georgia, Warranty Deed, Individual, Individuals, Tenants in Common, ownership, real estate property, legally binding, transfer, granter, title, encumbrances, claims. There are no specific variations or types of Fulton Georgia Warranty Deed from Individual to Individuals as Tenants in Common. However, it is essential to note that this type of agreement involves multiple owners sharing a common undivided interest in the property, allowing them the right to possess and use the property together without dividing it into distinct portions. When creating a Fulton Georgia Warranty Deed from Individual to Individuals as Tenants in Common, the document should include the following details: 1. Names and Addresses: Include the full names and addresses of the individual granter(s) transferring the property and the individual grantees (tenants in common) who will receive the ownership rights. 2. Property Description: Provide a detailed description of the property being transferred, including the address, county, and any other unique identifying information or legal descriptions. 3. Consideration: State the agreed upon consideration, which is usually the sales or transfer price for the property. This amount may be nominal or based on a fair market value assessment. 4. Tenancy in Common Language: Explicitly mention that the granter is conveying the property to the grantees as tenants in common. This phrase reinforces the shared ownership and outlines the grantees' rights and responsibilities. 5. Clear Title Guarantee: The granter should expressly state that they guarantee clear title to the property, meaning that there are no hidden liens, claims, or encumbrances affecting the property's ownership. 6. Legal Description: Include a detailed legal description of the property as recorded in the county's land records to ensure accuracy and avoid any potential disputes. 7. Signatures: The document should be signed and dated by both the granter(s) and grantee(s) in the presence of a notary public to ensure its legality and authenticity. Remember, it is crucial to consult a qualified attorney or real estate professional when drafting or executing a Fulton Georgia Warranty Deed from Individual to Individuals as Tenants in Common to ensure compliance with local laws and regulations.
