This form is a General Warranty Deed where the Grantor is an individual and the Grantees are two individuals. Grantor conveys and generally warrants the described property to the Grantees. The Grantees take the property as tenants in common, joint tenants with the right of survivorship or tenants by the entireties. This deed complies with all state statutory laws.
High Point North Carolina General Warranty Deed from Individual Granter to Two Grantees A High Point North Carolina General Warranty Deed from an individual granter to two grantees is a legal document that transfers ownership of real property from the granter to two recipients, known as the grantees. This deed offers a high level of protection to the grantees by warranting that the title is clear and free from any future claims or encumbrances, except those explicitly mentioned in the deed. In High Point, North Carolina, there are different types of General Warranty Deeds that cater to specific situations and requirements. Some of these include: 1. General Warranty Deed with Marital Rights: This type of deed ensures that both spouses have joint ownership of the property, allowing for the transfer of the property rights to the grantees with the same level of warranty protection. 2. General Warranty Deed with Survivorship Rights: This deed allows for the seamless transfer of property rights to the surviving grantee in case one of the grantees passes away. It ensures that the surviving grantee inherits the deceased grantee's interest without the need for probate proceedings. 3. General Warranty Deed with Lien Release: This deed is used when a property has an existing lien or encumbrance, which the granter wants to release while transferring the property to the two grantees. It provides a guarantee that the granter will clear all outstanding liens before or at the time of transfer. 4. General Warranty Deed with Special Provisions: This type of deed can be customized to include specific provisions based on the unique requirements of the granter and the grantees. These provisions may address situations such as co-ownership percentages, shared responsibilities, or any other mutually agreed-upon conditions. When executing a High Point North Carolina General Warranty Deed from an individual granter to two grantees, it is crucial to involve a qualified attorney or title company familiar with the local real estate laws. They can draft the appropriate deed according to the specific situation, ensuring that all necessary information is included and the transfer process is legally valid. Keywords: High Point North Carolina, General Warranty Deed, Individual Granter, Two Grantees, legal document, transfer ownership, real property, title, claims, encumbrances, General Warranty Deed with Marital Rights, General Warranty Deed with Survivorship Rights, General Warranty Deed with Lien Release, General Warranty Deed with Special Provisions, attorney, title company, real estate laws.
