This form is an Enhanced Life Estate Deed where the Grantor is an Individual and the Grantees are two individuals or husband and wife. Grantor conveys the property to Grantees subject to a retained enhanced life estate. The Grantor retains for life the right to sell, encumber, mortgage or otherwise impair the interest Grantees might receive in the future with the exception of the right to transfer the property by will. This deed complies with all state statutory laws.
Fl Estate Deed Individual For Mac
State:
Florida
Control #:
FL-032-78
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Florida Enhanced Life Estate Or Lady Bird Deed - Individual To Two Individuals / Husband And Wife?
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FAQ
(1) Lady Bird deeds are perfect for avoiding probate upon the death of the life estate holder in Florida since the property automatically passes to the named remainder beneficiaries outside the probate court.
When you transfer title and ownership of real estate in Florida, you sign a deed conveying or transferring the property to the new owner. In most real estate closings, the seller is responsible for providing the deed that is signed at closing.
How to Create a Florida Lady Bird Deed A correct legal description of the property. A statement of the consideration is provided if there is any. The name of the grantor. The name(s) of the beneficiary(ies) (if multiple owners are on title, a specification as to how the co-owners will hold title is required).
Although you can make a quitclaim deed yourself, we suggest hiring a real estate lawyer to ensure your deed is done right and meets the legal and filing requirements for Flordia and the local country recorders office where the property is located.
In Florida, a property owner technically can prepare their own Lady Bird deed (also known as an Enhanced Life Estate Deed).