This form is a General Warranty Deed where the Grantors are two individuals and the Grantee is an individual. Grantors convey and generally warrant the described property to the Grantee. This deed complies with all state statutory laws.
A High Point North Carolina General Warranty Deed from Two Individuals to an Individual is a legal document used to transfer the ownership of real estate from two individuals (the granters) to a single individual (the grantee). This type of deed provides strong protections for the grantee by guaranteeing that the granters hold clear and marketable title to the property and will defend it against any claims. In High Point, North Carolina, there are various types of General Warranty Deed from Two Individuals to an Individual, each serving a specific purpose. They include: 1. General Warranty Deed with Joint Tenancy: This type of deed is used when two individuals want to hold the property as joint tenants, meaning that the property will pass to the surviving joint tenant upon the death of the other joint tenant. It offers the grantee full ownership rights and protections. 2. General Warranty Deed with Tenancy in Common: This deed is utilized when two individuals want to hold the property as tenants in common, allowing each individual to own a specific percentage or share of the property. In this arrangement, each owner has the right to sell, mortgage, or transfer their share independently. 3. General Warranty Deed with Right of Survivorship: This deed grants the grantee the property with the right of survivorship, ensuring that if one of the granters passes away, their share automatically transfers to the surviving granter. This type of deed is commonly used by married couples or close family members. 4. General Warranty Deed with Life Estate: This particular deed grants the grantee the property but provides a life estate for one of the granters. This means that one of the individuals retains the right to reside and use the property until their death, after which the property will fully transfer to the grantee. Regardless of the specific type, a High Point North Carolina General Warranty Deed from Two Individuals to an Individual is a legally binding document that must be executed before a notary and recorded at the local county office. It serves as proof of ownership and provides the grantee with maximum protection against any future claims or disputes regarding the property.A High Point North Carolina General Warranty Deed from Two Individuals to an Individual is a legal document used to transfer the ownership of real estate from two individuals (the granters) to a single individual (the grantee). This type of deed provides strong protections for the grantee by guaranteeing that the granters hold clear and marketable title to the property and will defend it against any claims. In High Point, North Carolina, there are various types of General Warranty Deed from Two Individuals to an Individual, each serving a specific purpose. They include: 1. General Warranty Deed with Joint Tenancy: This type of deed is used when two individuals want to hold the property as joint tenants, meaning that the property will pass to the surviving joint tenant upon the death of the other joint tenant. It offers the grantee full ownership rights and protections. 2. General Warranty Deed with Tenancy in Common: This deed is utilized when two individuals want to hold the property as tenants in common, allowing each individual to own a specific percentage or share of the property. In this arrangement, each owner has the right to sell, mortgage, or transfer their share independently. 3. General Warranty Deed with Right of Survivorship: This deed grants the grantee the property with the right of survivorship, ensuring that if one of the granters passes away, their share automatically transfers to the surviving granter. This type of deed is commonly used by married couples or close family members. 4. General Warranty Deed with Life Estate: This particular deed grants the grantee the property but provides a life estate for one of the granters. This means that one of the individuals retains the right to reside and use the property until their death, after which the property will fully transfer to the grantee. Regardless of the specific type, a High Point North Carolina General Warranty Deed from Two Individuals to an Individual is a legally binding document that must be executed before a notary and recorded at the local county office. It serves as proof of ownership and provides the grantee with maximum protection against any future claims or disputes regarding the property.
