This form is a General Warranty Deed where the grantor is an individual and the grantees are three individuals with the right of survivorship.
A general warranty deed is a legal document used in Waco, Texas, to transfer property ownership from one individual to three others as joint tenants with rights of survivorship. This document provides inherent protection to the new owners by guaranteeing clear and marketable title to the property. The three individuals named in this Waco Texas General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship are considered joint tenants, meaning they have equal rights and interests in the property. Additionally, they possess the right of survivorship, which means that if one of the joint tenants passes away, their share automatically transfers to the remaining living joint tenants. In Waco, Texas, different types of general warranty deeds may vary based on specific circumstances, such as: 1. Interspousal General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship: This deed is used when a married individual transfers their ownership interest to themselves and two other individuals as joint tenants with rights of survivorship. It involves spouses who jointly take part in property ownership with other individuals. 2. General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship and Right of Partition: This deed includes provisions for the right of partition, which allows joint tenants to divide their interests in the property or sell their shares without the consent of the other joint tenants. This type of deed provides added flexibility and freedom to the joint tenants. 3. Minor's General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship: This deed pertains to a situation where an individual transfers their property ownership interest to two other individuals as joint tenants with rights of survivorship, one of whom is a minor. This type of deed accounts for the specific legalities surrounding property transfer involving minors. These variations of Waco Texas General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship cater to different circumstances and offer specific provisions based on individuals' requirements. It is vital to consult with a qualified real estate attorney to ensure the appropriate deed is chosen and to navigate the legal intricacies associated with property transfers in Waco, Texas.A general warranty deed is a legal document used in Waco, Texas, to transfer property ownership from one individual to three others as joint tenants with rights of survivorship. This document provides inherent protection to the new owners by guaranteeing clear and marketable title to the property. The three individuals named in this Waco Texas General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship are considered joint tenants, meaning they have equal rights and interests in the property. Additionally, they possess the right of survivorship, which means that if one of the joint tenants passes away, their share automatically transfers to the remaining living joint tenants. In Waco, Texas, different types of general warranty deeds may vary based on specific circumstances, such as: 1. Interspousal General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship: This deed is used when a married individual transfers their ownership interest to themselves and two other individuals as joint tenants with rights of survivorship. It involves spouses who jointly take part in property ownership with other individuals. 2. General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship and Right of Partition: This deed includes provisions for the right of partition, which allows joint tenants to divide their interests in the property or sell their shares without the consent of the other joint tenants. This type of deed provides added flexibility and freedom to the joint tenants. 3. Minor's General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship: This deed pertains to a situation where an individual transfers their property ownership interest to two other individuals as joint tenants with rights of survivorship, one of whom is a minor. This type of deed accounts for the specific legalities surrounding property transfer involving minors. These variations of Waco Texas General Warranty Deed for Individual to Three (3) Individuals as Joint Tenants with Rights of Survivorship cater to different circumstances and offer specific provisions based on individuals' requirements. It is vital to consult with a qualified real estate attorney to ensure the appropriate deed is chosen and to navigate the legal intricacies associated with property transfers in Waco, Texas.
