Columbus Ohio General Warranty Deed - Three Individuals to Two Individuals

State:
Ohio
City:
Columbus
Control #:
OH-027-78
Format:
Word; 
Rich Text
Instant download

Description

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 Columbus Ohio General Warranty Deed — Three Individuals to Two Individuals is a legal document that transfers ownership of property from three individuals to two individuals, ensuring that the new owners have clear and marketable title to the property. This type of deed provides a guarantee that the property is free from any encumbrances or defects, except for those specifically mentioned in the deed. The Columbus Ohio General Warranty Deed can be categorized into different types based on the specific situation or circumstances under which the transfer of ownership is being made: 1. Joint Tenancy with Rights of Survivorship: This type of deed involves the transfer of property between three individuals, where the two new owners hold equal shares in the property, and in the event of the death of one owner, the surviving owner(s) automatically inherit the deceased owner's share. 2. Tenancy in Common: In this scenario, the property is transferred to two individuals, but they hold unequal shares, which can be specified in the deed. Unlike joint tenancy, there is no right of survivorship in tenancy in common. If one owner passes away, their share will be inherited by their designated beneficiaries or pass according to their will. 3. Surrender and Reverting: This type of General Warranty Deed is used when the three individuals who currently jointly own the property wish to surrender their interests to two individuals. The surrendering individuals transfer their entire interest in the property to the remaining two individuals, who then become the new sole owners. Regardless of the specific type, a Columbus Ohio General Warranty Deed — Three Individuals to Two Individuals must include certain key information and provisions. It should clearly identify the three individuals as granters and the two individuals as grantees. The legal description of the property should be provided, including its address, lot number, or any other identifying details. The deed should also state the consideration or payment exchanged for the property, as well as any specific terms or conditions agreed upon between the parties. To finalize the transfer, the deed must be signed by all granters and properly notarized. It should then be recorded with the County Recorder's Office in Columbus, Ohio, to make the transfer of ownership official and part of the public record. It is crucial to consult with a qualified real estate attorney or legal professional to ensure all necessary requirements and documentation are adhered to, and to obtain accurate and thorough advice in the preparation and execution of a Columbus Ohio General Warranty Deed — Three Individuals to Two Individuals.

A Columbus Ohio General Warranty Deed — Three Individuals to Two Individuals is a legal document that transfers ownership of property from three individuals to two individuals, ensuring that the new owners have clear and marketable title to the property. This type of deed provides a guarantee that the property is free from any encumbrances or defects, except for those specifically mentioned in the deed. The Columbus Ohio General Warranty Deed can be categorized into different types based on the specific situation or circumstances under which the transfer of ownership is being made: 1. Joint Tenancy with Rights of Survivorship: This type of deed involves the transfer of property between three individuals, where the two new owners hold equal shares in the property, and in the event of the death of one owner, the surviving owner(s) automatically inherit the deceased owner's share. 2. Tenancy in Common: In this scenario, the property is transferred to two individuals, but they hold unequal shares, which can be specified in the deed. Unlike joint tenancy, there is no right of survivorship in tenancy in common. If one owner passes away, their share will be inherited by their designated beneficiaries or pass according to their will. 3. Surrender and Reverting: This type of General Warranty Deed is used when the three individuals who currently jointly own the property wish to surrender their interests to two individuals. The surrendering individuals transfer their entire interest in the property to the remaining two individuals, who then become the new sole owners. Regardless of the specific type, a Columbus Ohio General Warranty Deed — Three Individuals to Two Individuals must include certain key information and provisions. It should clearly identify the three individuals as granters and the two individuals as grantees. The legal description of the property should be provided, including its address, lot number, or any other identifying details. The deed should also state the consideration or payment exchanged for the property, as well as any specific terms or conditions agreed upon between the parties. To finalize the transfer, the deed must be signed by all granters and properly notarized. It should then be recorded with the County Recorder's Office in Columbus, Ohio, to make the transfer of ownership official and part of the public record. It is crucial to consult with a qualified real estate attorney or legal professional to ensure all necessary requirements and documentation are adhered to, and to obtain accurate and thorough advice in the preparation and execution of a Columbus Ohio General Warranty Deed — Three Individuals to Two Individuals.

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Columbus Ohio General Warranty Deed - Three Individuals to Two Individuals