This form is a General Warranty Deed where the Grantors are eight individuals and the Grantees are ten individuals. Grantors convey and generally warrant the described property to the Grantees. This deed complies with all state statutory laws.
A Franklin Ohio General Warranty Deed is a legal document that transfers the ownership of a property from eight individuals to ten individuals. This type of deed provides a guarantee that the property is free from any encumbrances or claims, and the granter (eight individuals) holds the legal right to sell the property. When eight individuals are transferring ownership to ten individuals, it typically means that additional individuals have gained interest in the property. This can occur through inheritance, gifting, or purchasing shares from the existing owners. In such cases, a new deed is required to reflect the change in ownership. There are various types of Franklin Ohio General Warranty Deeds — Eight Individuals to Ten Individuals, each serving a specific purpose: 1. Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals with Equitable Interest: This type of deed is used when the ten individuals acquiring the property already have an equitable interest or partial ownership before the transfer. It outlines the specific shares or percentages each individual holds. 2. Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals as Joint Tenants: In this case, the ten individuals hold equal ownership interests in the property, and in the event of death, their shares automatically transfer to the surviving owners. This is a common form of ownership for married couples or family members. 3. Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals as Tenants in Common: Unlike joint tenancy, tenants in common can have unequal ownership interests in the property. Each individual has the right to transfer or sell their portion independently. This type of ownership is often chosen among business partners or individuals who want to maintain separate ownership percentages. 4. Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals with Restrictive Covenants: This type of deed includes specific limitations or restrictions on the property, such as development restrictions, use restrictions, or architectural guidelines. These covenants ensure that all ten individuals agree to abide by certain rules regarding the property's use and preservation. Overall, a Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals is a legally binding document that transfers ownership from eight individuals to ten individuals. It provides a guarantee that the property is free from any claims and clarifies the ownership interests and responsibilities of all ten individuals involved.A Franklin Ohio General Warranty Deed is a legal document that transfers the ownership of a property from eight individuals to ten individuals. This type of deed provides a guarantee that the property is free from any encumbrances or claims, and the granter (eight individuals) holds the legal right to sell the property. When eight individuals are transferring ownership to ten individuals, it typically means that additional individuals have gained interest in the property. This can occur through inheritance, gifting, or purchasing shares from the existing owners. In such cases, a new deed is required to reflect the change in ownership. There are various types of Franklin Ohio General Warranty Deeds — Eight Individuals to Ten Individuals, each serving a specific purpose: 1. Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals with Equitable Interest: This type of deed is used when the ten individuals acquiring the property already have an equitable interest or partial ownership before the transfer. It outlines the specific shares or percentages each individual holds. 2. Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals as Joint Tenants: In this case, the ten individuals hold equal ownership interests in the property, and in the event of death, their shares automatically transfer to the surviving owners. This is a common form of ownership for married couples or family members. 3. Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals as Tenants in Common: Unlike joint tenancy, tenants in common can have unequal ownership interests in the property. Each individual has the right to transfer or sell their portion independently. This type of ownership is often chosen among business partners or individuals who want to maintain separate ownership percentages. 4. Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals with Restrictive Covenants: This type of deed includes specific limitations or restrictions on the property, such as development restrictions, use restrictions, or architectural guidelines. These covenants ensure that all ten individuals agree to abide by certain rules regarding the property's use and preservation. Overall, a Franklin Ohio General Warranty Deed — Eight Individuals to Ten Individuals is a legally binding document that transfers ownership from eight individuals to ten individuals. It provides a guarantee that the property is free from any claims and clarifies the ownership interests and responsibilities of all ten individuals involved.
