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 Wake North Carolina General Warranty Deed from Two Individuals to an Individual is a legal document that transfers ownership of a property from two individuals to a single individual, providing the recipient with certain rights and protections. This type of deed is commonly used in real estate transactions in Wake County, North Carolina. A General Warranty Deed guarantees that the property being transferred is free of any liens or encumbrances, and that the sellers have full legal authority to sell the property. The deed also provides the buyer with certain warranties or promises from the sellers, including the guarantee of quiet enjoyment, meaning that the buyer will not face any legal disputes regarding the ownership of the property. In Wake County, North Carolina, there are different types of General Warranty Deeds from Two Individuals to an Individual, including: 1. Individual to Individual Deed: This type of deed is used when two individuals jointly own a property and wish to transfer their shares to a single individual. It ensures that the recipient becomes the sole owner of the property. 2. Husband and Wife to Individual Deed: In cases where a property is jointly owned by a married couple, this type of deed is used to transfer ownership to a single individual. It is important to note that both spouses must agree to the transfer and sign the deed. 3. Joint Tenants to Individual Deed: When two individuals hold a property as joint tenants, meaning they have an equal ownership interest with the right of survivorship, this type of deed is used to transfer the property to a single individual. It enables the recipient to become the sole owner without the need for probate proceedings upon the death of one of the joint tenants. 4. Tenants in Common to Individual Deed: If two individuals own a property as tenants in common, meaning they have divided ownership interests with no right of survivorship, this type of deed is used to transfer ownership to a single individual. It allows the recipient to hold the entire interest in the property. In summary, a Wake North Carolina General Warranty Deed from Two Individuals to an Individual is a legal document that transfers ownership of a property from two individuals to a single individual, ensuring the recipient's rights and protections. There are several variations of this deed, depending on the joint ownership status of the sellers. It is essential to consult with a qualified real estate attorney or legal professional for guidance and assistance in executing and recording the deed correctly.A Wake North Carolina General Warranty Deed from Two Individuals to an Individual is a legal document that transfers ownership of a property from two individuals to a single individual, providing the recipient with certain rights and protections. This type of deed is commonly used in real estate transactions in Wake County, North Carolina. A General Warranty Deed guarantees that the property being transferred is free of any liens or encumbrances, and that the sellers have full legal authority to sell the property. The deed also provides the buyer with certain warranties or promises from the sellers, including the guarantee of quiet enjoyment, meaning that the buyer will not face any legal disputes regarding the ownership of the property. In Wake County, North Carolina, there are different types of General Warranty Deeds from Two Individuals to an Individual, including: 1. Individual to Individual Deed: This type of deed is used when two individuals jointly own a property and wish to transfer their shares to a single individual. It ensures that the recipient becomes the sole owner of the property. 2. Husband and Wife to Individual Deed: In cases where a property is jointly owned by a married couple, this type of deed is used to transfer ownership to a single individual. It is important to note that both spouses must agree to the transfer and sign the deed. 3. Joint Tenants to Individual Deed: When two individuals hold a property as joint tenants, meaning they have an equal ownership interest with the right of survivorship, this type of deed is used to transfer the property to a single individual. It enables the recipient to become the sole owner without the need for probate proceedings upon the death of one of the joint tenants. 4. Tenants in Common to Individual Deed: If two individuals own a property as tenants in common, meaning they have divided ownership interests with no right of survivorship, this type of deed is used to transfer ownership to a single individual. It allows the recipient to hold the entire interest in the property. In summary, a Wake North Carolina General Warranty Deed from Two Individuals to an Individual is a legal document that transfers ownership of a property from two individuals to a single individual, ensuring the recipient's rights and protections. There are several variations of this deed, depending on the joint ownership status of the sellers. It is essential to consult with a qualified real estate attorney or legal professional for guidance and assistance in executing and recording the deed correctly.
