North Charleston South Carolina General Warranty Deed for Husband and Wife from Joint Tenants to Tenants in Common

• Category: South Carolina Real Estate - Deeds - Warranty
• State: South Carolina
• City: North Charleston
• Control #: SC-SDEED-8-1
• Format: Word; Rich Text

Description

This form is a General Warranty Deed where husband and wife convert from a joint tenancy holding to a tenants in common holding. A North Charleston South Carolina General Warranty Deed for Husband and Wife from Joint Tenants to Tenants in Common is a legal document that transfers the ownership interests and rights of a property from joint tenants to tenants in common. This type of deed is commonly used when a married couple who previously held the property as joint tenants decide to change their ownership to tenants in common. In this deed, "North Charleston" refers to the location where the property is situated, which is in the state of South Carolina. "General Warranty Deed" signifies that the seller (husband and wife in this case) guarantees that they hold clear title to the property and will defend it against any claims. The specific terms and conditions of the North Charleston South Carolina General Warranty Deed for Husband and Wife from Joint Tenants to Tenants in Common will be outlined in the document. However, it generally includes the following elements: 1. Parties to the Deed: The names and addresses of the husband and wife who are transferring the property, also known as the granters, and the names and addresses of the new tenants in common, known as the grantees. 2. Property Description: A detailed description of the property being transferred, including the address, boundaries, and any other specific identifiers to ensure accurate identification. 3. Consideration: The agreed-upon price or consideration paid for the property transfer, if applicable. 4. Warranty Covenants: The granters assert that they have legal authority to transfer the property, and they guarantee to the grantees that they have good and marketable title free from any encumbrances, except those explicitly mentioned in the deed. 5. Survivorship Rights: By converting from joint tenants to tenants in common, the right of survivorship associated with joint tenancy is removed. Instead, each tenant in common holds an individual, undivided interest in the property, which they can bequeath or sell. 6. Signatures and Notarization: The deed must be signed by both the granters and grantees before a notary public, verifying the authenticity of the signatures and the voluntary execution of the deed. Different types or variations of North Charleston South Carolina General Warranty Deed for Husband and Wife from Joint Tenants to Tenants in Common may exist depending on specific circumstances, such as whether the property being transferred is residential, commercial, or vacant land. However, the key elements and purpose of the deed remain the same: transferring ownership interests and terminating the right of survivorship associated with joint tenancy.

A North Charleston South Carolina General Warranty Deed for Husband and Wife from Joint Tenants to Tenants in Common is a legal document that transfers the ownership interests and rights of a property from joint tenants to tenants in common. This type of deed is commonly used when a married couple who previously held the property as joint tenants decide to change their ownership to tenants in common. In this deed, "North Charleston" refers to the location where the property is situated, which is in the state of South Carolina. "General Warranty Deed" signifies that the seller (husband and wife in this case) guarantees that they hold clear title to the property and will defend it against any claims. The specific terms and conditions of the North Charleston South Carolina General Warranty Deed for Husband and Wife from Joint Tenants to Tenants in Common will be outlined in the document. However, it generally includes the following elements: 1. Parties to the Deed: The names and addresses of the husband and wife who are transferring the property, also known as the granters, and the names and addresses of the new tenants in common, known as the grantees. 2. Property Description: A detailed description of the property being transferred, including the address, boundaries, and any other specific identifiers to ensure accurate identification. 3. Consideration: The agreed-upon price or consideration paid for the property transfer, if applicable. 4. Warranty Covenants: The granters assert that they have legal authority to transfer the property, and they guarantee to the grantees that they have good and marketable title free from any encumbrances, except those explicitly mentioned in the deed. 5. Survivorship Rights: By converting from joint tenants to tenants in common, the right of survivorship associated with joint tenancy is removed. Instead, each tenant in common holds an individual, undivided interest in the property, which they can bequeath or sell. 6. Signatures and Notarization: The deed must be signed by both the granters and grantees before a notary public, verifying the authenticity of the signatures and the voluntary execution of the deed. Different types or variations of North Charleston South Carolina General Warranty Deed for Husband and Wife from Joint Tenants to Tenants in Common may exist depending on specific circumstances, such as whether the property being transferred is residential, commercial, or vacant land. However, the key elements and purpose of the deed remain the same: transferring ownership interests and terminating the right of survivorship associated with joint tenancy.