Warranty Deed Joint Tenancy

WARRANTY DEED JOINT TENANCY. This form used to transfer ownership of real estate from one party, known as the grantor, to another party, known as the grantee, with the specific designation that the new owners will hold the property in joint tenancy rather than as tenants in common. Joint tenancy means that two or more people own the property together with equal rights, and if one owner dies, their share automatically passes to the surviving joint tenant(s) through the right of survivorship, rather than being inherited through a will or probate. This form records the essential details of the property transfer, including the names and addresses of the grantor(s) and grantee(s), the consideration paid (often stated as “$10 and other valuable consideration”), and a legal description of the real estate being conveyed. It also includes a waiver of homestead rights, which prevents the grantor from later claiming certain protections or interests in the property. The document must be signed, notarized, and recorded with the county recorder’s office to become legally effective. www.FormsWorkflow.com