This form is a Warranty Deed where the Grantors are Husband and Wife and the Grantees are two Individuals. Grantors convey and warrant the described property to the Grantees. Grantees take the property as tenants in common or as joint tenants with the right of survivorship. This deed complies with all state statutory laws.
Atlanta Georgia Warranty Deed - Husband and Wife to Two Individuals
Category:
State:
Georgia
City:
Atlanta
Control #:
GA-025-78
Format:
Word;
Rich Text
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How to fill out Georgia Warranty Deed - Husband And Wife To Two Individuals?
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FAQ
Request a copy of your deed in the County where your land is located. All deeds must be recorded with the Clerk of Superior Court. Many deeds are available online by accessing the local Clerk of Superior Court website.
The State of Georgia does not recognize tenancy by the entirety, although it does provide some protection for spouses when one partner passes away. Spousal rights are preserved through a mechanism called Petition for Year's Support, which passes title of the home to the surviving spouse.
12. Who benefits the most from recording a warranty deed? D. Explanation: The grantee is the one who has acquired an interest in the land, and she is the one who benefits the most from recording the deed to provide constructive (legal) notice of that interest.
A warranty deed is the most common type of deed used in most purchase and sale transactions. It offers the best protection for the grantee because it guarantees that the title is good and marketable. Requirements to be filed. The deed must describe the real property, full legal description.
The grantor must sign the deed (O.C.G.A. § 44-5-30). Except for documents electronically filed, only an original document (original signature) that has been properly attested can be accepted for recording (O.C.G.A.
The seller or lender, also known as the grantor, and the buyer or the grantee are the two parties involved in a warranty contract.
In the state of Georgia, in order for ownership of property to be validly transferred, a property deed must be recorded and notice of the transfer made.
You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.
Here are the steps to completing a deed transfer in Georgia: Names the Current Owner and New Owner. Contains a Description of the Property. Signed by Current Owner. Two Witnesses: Unofficial Witness & Notary Public. Complete a PT-61, Transfer Tax Form. Record Deed in County Real Estate Records.
Property owned in joint tenancy automatically passes to the surviving owners when one owner dies. No probate is necessary. Joint tenancy often works well when couples (married or not) acquire real estate, vehicles, bank accounts or other valuable property together.