This form is a Quitclaim Deed where the Grantors are two individuals or husband and wife, both acting through an attorney in fact authorized by a recorded power of attorney, and the Grantee is an individual. Grantors convey and quitclaim the described property to Grantee. This deed complies with all state statutory laws.
A Carmel Indiana Quitclaim Deed — Two Individuals, or Husband and Wife, as Granters, both by attorney in fact, to an individual Grantee is a legal document used to transfer ownership of a property from two individuals, who may be spouses, to an individual buyer or grantee. In this type of quitclaim deed, the granters are both represented by an attorney in fact, who is authorized to act on their behalf. The attorney in fact is typically named in a power of attorney document signed by the granters, granting them the authority to execute the deed. There are several types of Carmel Indiana Quitclaim Deeds with different variations, depending on the specific circumstances of the granters and the grantee. Some common types include: 1. Carmel Indiana Quitclaim Deed — Husband and Wife as Joint Tenants: This type of quitclaim deed is used when a married couple wishes to transfer property they own jointly to an individual grantee. It signifies that both spouses have equal rights and interest in the property. 2. Carmel Indiana Quitclaim Deed — Husband and Wife as Tenants in Common: In this case, the spouses own the property as tenants in common, which means they each have a distinct share or percentage of ownership. The quitclaim deed is used to transfer their respective shares to an individual grantee. 3. Carmel Indiana Quitclaim Deed — Two Individuals, or Husband and Wife, as Granters, with a Right of Survivorship: This type of quitclaim deed is commonly used when two individuals, usually spouses, want to ensure that if one of them passes away, the surviving spouse will automatically inherit the property without going through the probate process. The deed includes a right of survivorship provision. It is essential to consult with a qualified attorney or legal professional to ensure that the appropriate documentation, including a power of attorney and the correct type of quitclaim deed, is used in accordance with Indiana state laws and to protect the rights and interests of all parties involved in the property transfer.
