This form is a General Warranty Deed where the grantors are three individuals and the grantees are two individuals. Grantors convey and generally warrant the described property to the grantees. This deed complies with all state statutory laws.
A Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals is a legal document that transfers real estate ownership rights from three individuals to two individuals, providing a guarantee that the property is free from any title defects and that the granters have full authority to convey the property. This type of general warranty deed is commonly used in real estate transactions in Cincinnati, Ohio. Keywords: Cincinnati Ohio General Warranty Deed, Three Individuals, Two Individuals, real estate ownership, title defects, authority to convey, real estate transactions Other types of Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals: 1. Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals with Joint Tenancy: This type of general warranty deed establishes joint tenancy ownership, meaning that the two individuals become co-owners of the property with equal rights of survivorship. If one joint tenant passes away, their interest automatically transfers to the surviving joint tenant(s). 2. Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals with Tenants in Common: Unlike joint tenancy, a tenancy in common allows the two individuals to own unequal shares of the property. Each individual has a distinct, separate interest in the property, and their share is not automatically transferred to the other tenant(s) upon their death. 3. Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals with Right of Survivorship: This type of general warranty deed includes a specific provision stating that the two individuals hold the property with a right of survivorship. This means that if one owner passes away, their share automatically transfers to the surviving owner(s), avoiding the need for probate. 4. Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals with Diversionary Interest: In this variation of general warranty deed, one of the three individuals retains a diversionary interest in the property. This means that if certain conditions are met, such as the death of the two individuals or the sale of the property, ownership and control of the property would revert to the third individual or their designated beneficiary. Overall, these variations of Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals allow for flexible property ownership arrangements and provide legal protection to both the granters and the grantees. It is crucial to consult with a legal professional while preparing and executing such deeds to ensure compliance with Ohio laws and address any specific requirements or circumstances.A Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals is a legal document that transfers real estate ownership rights from three individuals to two individuals, providing a guarantee that the property is free from any title defects and that the granters have full authority to convey the property. This type of general warranty deed is commonly used in real estate transactions in Cincinnati, Ohio. Keywords: Cincinnati Ohio General Warranty Deed, Three Individuals, Two Individuals, real estate ownership, title defects, authority to convey, real estate transactions Other types of Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals: 1. Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals with Joint Tenancy: This type of general warranty deed establishes joint tenancy ownership, meaning that the two individuals become co-owners of the property with equal rights of survivorship. If one joint tenant passes away, their interest automatically transfers to the surviving joint tenant(s). 2. Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals with Tenants in Common: Unlike joint tenancy, a tenancy in common allows the two individuals to own unequal shares of the property. Each individual has a distinct, separate interest in the property, and their share is not automatically transferred to the other tenant(s) upon their death. 3. Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals with Right of Survivorship: This type of general warranty deed includes a specific provision stating that the two individuals hold the property with a right of survivorship. This means that if one owner passes away, their share automatically transfers to the surviving owner(s), avoiding the need for probate. 4. Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals with Diversionary Interest: In this variation of general warranty deed, one of the three individuals retains a diversionary interest in the property. This means that if certain conditions are met, such as the death of the two individuals or the sale of the property, ownership and control of the property would revert to the third individual or their designated beneficiary. Overall, these variations of Cincinnati Ohio General Warranty Deed — Three Individuals to Two Individuals allow for flexible property ownership arrangements and provide legal protection to both the granters and the grantees. It is crucial to consult with a legal professional while preparing and executing such deeds to ensure compliance with Ohio laws and address any specific requirements or circumstances.