How to create a warranty deed to tenants in common

A warranty deed to tenants in common is a legal document used to transfer ownership of real estate to two or more persons. In this form of ownership, each tenant holds an individual share of the property, which may not necessarily be equal. This document provides assurances about the title of the property, ensuring that it is free from any encumbrances or claims, and protects the buyers’ rights to the property.

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Deed Conveying Property held by Spouses as Tenants in Common to Husband and Wife as Community Property

Warranty Deed Conveying Oil, Gas, and Minerals

Owner's - Seller's - Affidavit

Personal Guaranty - Guarantee of Contract for the Lease and Purchase of Real Estate

General Warranty Deed

How to complete a warranty deed

Completing a warranty deed requires specific information and careful attention to detail. Follow these steps:

Identify the parties involved: Clearly state the names and contact information of the grantor (the seller) and the grantee (the buyer).
Specify the property: Provide a detailed description of the property being transferred, including the legal description and address.
Include consideration: Mention the amount being paid for the property, which is often nominal in warranty deeds.
Sign the document: All parties must sign in the presence of a notary public, who will also seal the document.
Record the deed: Take the completed deed to the county recorder's office to officially record the transfer of ownership.

Who should use this form

This warranty deed is ideal for individuals or entities looking to transfer property ownership to more than one person under the tenants in common arrangement. Common users include:

Partners who want shared ownership of a property.
Family members transferring property among themselves.
Investors who are entering joint ventures.

Key components of the form

The warranty deed includes several important components:

Grantor information: The name and address of the person transferring property.
Grantee information: The name and address of the person receiving the property.
Legal description: A detailed account of the property’s boundaries and features.
Consideration: The value exchanged for the property.
Signatures: Signatures of the grantor and grantee, along with the notary.