West Virginia Warranty Deed Converting Separate or Joint Property to Joint Tenancy
About this form
The Warranty Deed Converting Separate or Joint Property to Joint Tenancy is a legal document that facilitates the transfer of property ownership from individuals to joint tenants. This deed is used specifically to convert separate or joint property into a joint tenancy holding, ensuring rights of survivorship. This means that if one owner passes away, the remaining owner automatically inherits the deceased owner's share, distinguishing it from other forms of property ownership, such as tenancy in common, where such rights do not apply.
What’s included in this form
- Grantor and Grantee Information: Details of the person transferring property (Grantor) and the individuals receiving it (Grantees).
- Legal Description of Property: Specific information about the property being transferred, usually attached as an exhibit.
- Consideration Declaration: Statement of the monetary value exchanged for the property.
- Signatures: Signature lines for Grantor(s) and Notary Public, ensuring formal acknowledgment of the transfer.
- Notary Block: Information required for notarization, confirming the identities of the parties involved.
Situations where this form applies
This form is ideal when individuals wish to consolidate property ownership in a manner that provides survivorship benefits. Real-world scenarios include marriage situations where one spouse wants to transfer their individually owned property to both partners as joint tenants, or when co-owners of property decide to change their ownership structure to provide for automatic inheritance in case of death.
Who this form is for
- Married couples who want to hold property jointly with survivorship rights.
- Individuals who wish to convert individually owned or co-owned property to joint tenancy.
- Estate planners who are helping clients arrange for automatic property transfer upon death.
How to complete this form
- Identify the Grantor and Grantee: Enter the names of the individuals involved in the property transfer.
- Specify the property: Attach a legal description of the property, usually as an Exhibit A.
- Declare the consideration: State the monetary value exchanged for the property transfer.
- Gather signatures: Have all parties sign the document in the designated areas.
- Notarize the document: Have the completed form notarized to ensure its legal validity.
Notarization guidance
This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Mistakes to watch out for
- Failing to include a complete legal description of the property.
- Not having the form notarized before submitting it.
- Leaving signature fields incomplete.
Benefits of using this form online
- Convenient access to legally vetted templates designed by licensed attorneys.
- Editable fields that can be completed on your computer or printed and filled manually.
- Time-saving options for obtaining legal forms without the need for in-person visits to a lawyer.
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FAQ
You can apply to court to change your ex-partner's tenancy to your name, or remove their name from a joint tenancy. You can apply for a 'transfer of tenancy' if: your landlord refuses to change your tenancy. your tenancy doesn't allow a transfer.
To create a joint tenancy, all you need to do is put the right words on the title document, such as a deed to real estate, a car's title slip, or the signature card establishing a bank account.
If you look at the registered title to your own jointly owned property and the text isn't shown on it, you own it as joint tenants. If it is there, you own it as tenants-in-common.This title is dealt with by Land Registry, Sample Town Office.
The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
Which statement applies to both joint tenancy and tenancy by the entirety? The last survivor becomes a severalty owner. A deed signed by one owner will convey a fractional interest. A deed will not convey any interest unless signed by both spouses.
Serve a written notice of the change (a 'notice of severance') on the other owners - a conveyancer can help you do this. Download and fill in form SEV to register a restriction without the other owners' agreement. Prepare any supporting documents you need to include.
The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.
To make the form legally binding, you must sign it in front of a notary public. You must then file your signed and notarized deed with the county office that's in charge of recording property documents. Once the grantee signs the warranty deed, he/she legally has ownership and claim to the property.
In order to terminate a joint tenancy, one of the four unities must be destroyed. You may do this by conveying your joint tenancy interest to any third person. This can be done through gift or sale. Upon termination, a tenancy in common is formed between the third person and the remaining co-tenant(s).
