Warranty Deed Two Grantors to Three Grantees as Joint Tenants Wisconsin Form

What is the Warranty Deed Two Grantors To Three Grantees As Joint Tenants Wisconsin

A warranty deed two grantors to three grantees as joint tenants in Wisconsin is a legal document that transfers property ownership from two individuals (the grantors) to three individuals (the grantees) who will hold the property together as joint tenants. This means that all three grantees have equal rights to the property, and if one of them passes away, their share automatically transfers to the surviving grantees. This type of deed provides a guarantee from the grantors that they hold clear title to the property and have the right to transfer it.

Key Elements of the Warranty Deed Two Grantors To Three Grantees As Joint Tenants Wisconsin

Several key elements must be included in the warranty deed to ensure its validity in Wisconsin:

• Identification of Parties: Full names and addresses of the grantors and grantees must be clearly stated.
• Property Description: A detailed legal description of the property being transferred, including boundaries and any relevant identifiers.
• Joint Tenancy Clause: A specific statement indicating that the grantees are taking title as joint tenants.
• Grantor's Signature: The deed must be signed by both grantors in the presence of a notary public.
• Notary Acknowledgment: A notary must acknowledge the signatures to validate the document.

Steps to Complete the Warranty Deed Two Grantors To Three Grantees As Joint Tenants Wisconsin

Completing a warranty deed in Wisconsin involves several important steps:

1. Gather necessary information, including the names and addresses of all parties involved.
2. Obtain a legal description of the property from a title company or the county assessor's office.
3. Draft the warranty deed, ensuring all required elements are included.
4. Have both grantors sign the deed in front of a notary public.
5. File the completed deed with the appropriate county register of deeds office to ensure it is recorded in public records.

Legal Use of the Warranty Deed Two Grantors To Three Grantees As Joint Tenants Wisconsin

The warranty deed two grantors to three grantees as joint tenants is legally recognized in Wisconsin and can be used to transfer property ownership under the joint tenancy arrangement. This type of deed is beneficial for families or groups of individuals who wish to co-own property, as it simplifies the transfer of ownership upon the death of one of the owners. It is essential to comply with state laws regarding property transfers to ensure the deed is enforceable.

State-Specific Rules for the Warranty Deed Two Grantors To Three Grantees As Joint Tenants Wisconsin

Wisconsin has specific regulations governing the use of warranty deeds. These include:

• All warranty deeds must be executed in writing and signed by the grantors.
• Deeds must be notarized to be valid.
• There may be specific forms required by the county register of deeds, so it is advisable to check local requirements.
• Filing fees may apply when recording the deed with the county.

How to Obtain the Warranty Deed Two Grantors To Three Grantees As Joint Tenants Wisconsin

Obtaining a warranty deed in Wisconsin can be done through various methods:

• Consult with a real estate attorney who can draft the deed according to your specific needs.
• Use online legal document services that offer templates for warranty deeds.
• Visit your local county register of deeds office for guidance and access to official forms.