This form is a Warranty Deed where the grantors are husband and wife holding title as tenants in common and wish to convert to joint tenants.
Everett Washington Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy is a legal document that allows married couples to change the way they hold a property title. By converting from tenants in common to joint tenancy, both spouses become equal owners with rights of survivorship. This means that if one spouse passes away, the other automatically becomes the sole owner of the property without the need for probate. There are two common types of Everett Washington Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy: 1. General Warranty Deed: This type of deed provides the highest level of protection for the new owners. By using a general warranty deed, the sellers (previous tenants in common) make specific guarantees about the property's title, stating that there are no undisclosed claims or encumbrances. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a limited guarantee. The sellers only warrant against any title defects or claims that may have arisen during their ownership period. Claims or defects from previous owners are not covered. The Everett Washington Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy requires specific information to be valid and enforceable. Key details to include in the document are: 1. Property Description: A detailed description of the property, including its physical address, legal description, and assessor's parcel number (APN). 2. Husband and Wife's Information: Full legal names of both spouses, their respective addresses, marital status, and date of the marriage. 3. Conversion Declaration: A clear statement declaring the intent to convert the property from tenants in common to joint tenancy. 4. Signatures: Both spouses must sign the deed in the presence of a notary public to ensure its authenticity and legality. It is crucial to consult with a qualified attorney or real estate professional during the preparation and execution of the Everett Washington Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy to ensure compliance with local laws and to address any specific circumstances related to the property or the couple's situation.
