Fill and Sign the Colorado Special Warranty Deed Form

© 2016 - U.S. Legal Forms, Inc.       COLORADO SPECIAL WARRANTY DEED [Trust (Two Co-Trustees) to Husband and Wife / Two Individuals] Control Number: CO-027-78 I. TIPS ON COMPLETING THE FORMS The form(s) in this packet may contain “form fields” created using Microsoft Word or Adobe Acrobat (“.pdf” format). “Form fields” facilitate completion of the forms using your computer. They do not limit your ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the Forms toolbar. Look for the button on the Forms toolbar that resembles a shaded letter “a”. Click this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances, the form field and the line will disappear after information is entered. In other cases, it will not. The form was created to function in this manner. II. DESIGNATING HOW THE GRANTEES WILL HOLD THE PROPERTY: A. In the State of Colorado real property can be held by more than one person (concurrent estates) in the following ways: 1. If the Grantees ARE NOT married to each other, they can hold the property as: a. Tenants in Common: a type of concurrent estate in which each party owns an undivided interest in the property that will pass to their heirs when the tenant in common dies. Generally their shares are “equal” but may differ in size. b. Joint Tenants with the Right of Survivorship ( JTWROS) : is a type of concurrent estate in which co-owners have a right of survivorship , meaning that if one owner dies, that owner's interest in the property will pass to the surviving owner or owners by operation of law, and avoiding probate. 2. If the Grantees ARE married to each other, they can hold the property as: a. Tenants in Common – See above b. Joint Tenants with the Right of Survivorship – See above 3. In the attached deed, the preparer will need to indicate how the Grantees will hold the property: as Tenants in Common or Joint Tenants with Right of Survivorship. B. For additional information on the above see the definitions at: http://lawdigest.uslegal.com/ C. For example: “as Tenants in Common ,” “as joint tenants with the right of survivorship ,” III. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the state of Colorado. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem, we suggest that you consult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U.S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OR PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Recording requested by:                   And, when recorded, mail this deed and tax statements to: Name:       City, State, & Zip:       Telephone:       Assessors Schedule or Parcel No.       SPECIAL WARRANTY DEED [Trust to Husband and Wife / Two Individuals] THIS DEED made this       day of       , 20       , between: GRANTORS:       , whose address is       , and       , whose address is       , as Trustees under the provisions of a trust agreement dated the       , 20       , and known as the       Trust; AND GRANTEES:       , whose address is       , and       , whose address is       , husband and wife as joint tenants with the right of survivorship . WITNESS that the Grantors by these presents do hereby sell, convey and warrant unto the Grantees, all the real property, together with improvements, if any, situate, lying and being in the said County of       , State of Colorado described as follows: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       with all its appurtenances and warrants the title to same, subject to limitations and encumbrances of record and to the following: 1.       Special Warranty Deed Page 1 of 2 2.       Also known by street and number as:       AND THE SAID Grantors will only warrant and forever defend the right and title to the above described property unto the said Grantees against the claims of those persons claiming by, through or under Grantors, but not otherwise. IN WITNESS WHEREOF, the Grantors, each acting in their capacity as Co-Trustees of the       Trust, have executed the above instrument on the day and year set forth below. Date:       Date:             Name of Trust Grantor’s Signature Grantor’s Signature             Print or Type Name Print or Type Name State of Colorado , County of       The foregoing instrument was acknowledged before me this       day of       , 20       by       as Trustee of the       Trust. Witness my hand and official seal. Signature of Notary Public NOTARY       SEAL Printed Name of Notary       Commission Expiration Date State of Colorado , County of       The foregoing instrument was acknowledged before me this       day of       , 20       by       as Trustee of the       Trust. Witness my hand and official seal. Signature of Notary Public NOTARY       SEAL Printed Name of Notary Special Warranty Deed Page 2 of 2       Commission Expiration Date Special Warranty Deed Page 3 of 2 EXHIBIT A Grantors: Trust:       Co-Trustee:       Co-Trustee:       Grantees:             Legal Description:       Special Warranty Deed EXHIBIT A