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Warranty Deed from Two Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship Flor Form

Warranty Deed from Two Individuals or Husband and Wife to Three Individuals as Joint Tenants with the Right of Survivorship Flor Form

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What makes the warranty deed from two individuals or husband and wife to three individuals as joint tenants with the right of survivorship form legally binding?

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welcome to county office your ultimate guide to local government services and public records let's get started what does joint tenants mean on a deed when property is owned by two or more individuals it may be designated as joint tenants this legal term describes a specific form of co-ownership joint tenants share equal ownership rights in the property one key feature of joint tency is the right of survivorship this means means that upon the death of one joint tenant their share automatically passes to the surviving joint tenant or tenants this process occurs without going through probate joint tency is established through a deed that clearly states the intention of the owners it is essential that the deed specifies joint tenancy to ensure the right of survivorship is in effect in contrast if property is owned as tenants in common each owner has a distinct share that does not automatically transfer upon death this distinction is crucial for Estate Planning and inheritance purpo

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