Fill and Sign the Control Number Me 03 77 Form

© 2016 - U.S. Legal Forms, Inc. MAINE QUITCLAIM DEED WITH COVENANT [Husband and Wife / Two Individuals to Husband and Wife / Two Individuals] Control Number: ME-03 -77 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 comput er. They do not limit your ability to print the form “in blank” and complete with a ty pewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to t he View menu, click on Toolbars, and then select Forms. This will open the Forms toolbar. Look for the button on t he Forms toolbar that resembles a shaded letter “a”. Click this button and the form fields wil l be visible. By clicking on the appropriate form field, you will be able to enter the needed informat ion. 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 Maine, 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 and not as tenants in common , ” III. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Maine. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any war ranty, express or implied, as to their legal effect and completeness. Please use at you r own risk. If you have a serious legal problem, we suggest that you con sult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal a dvice. 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 DAM AGES WHATSOEVER (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS O R 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. Quitclaim Deed Page 1 of 2 QUITCLAIM DEED WITH COVENANT (Husband and Wife / Two Individuals to Husband and Wife / Two Individuals) GRANT ORS: , whose address is , in the County of and , whose address is , in the County of , husband and wife, for consideration paid, does GRANT, CONVEY AND FOREVER QUITCLAIM WITH QUITCLAIM COVENANT, UNTO GRANT EES: , whose address is , in the County of and , whose address is , in the County of , husband and wife, as joint tenants with the right of survivorship and not as tenants in common , the following lands and property, together with all improvements located thereon, lying in the City/County/Township of ______________________, State of Michigan, to-wit: See Legal Description Attached as Exhibit A incorporated by reference Legal Description: Being a portion of the land conveyed to the Grantors described in a deed recorded in Book ______, Page ______ of the Land Records of the Town of __________________, Maine. SUBJECT to all easements, rights- of-way, protective covenants and mineral reservations of record, if any. Quitclaim Deed Page 2 of 2 IN WITNESS WHEREOF, the Grantors have executed this instrument on the day and year set forth below. Date: Date: (Grantor’s Signature) (Grantor’s Signature) Print Name Print Name State of Maine, County of Personally appeared the above named Grantor(s) and acknowledged the foregoing instrument to be his free act and deed. Signature of Notary Public Print or Type Name of Notary Public Notary Public, State of Maine Date Commission Expires: State of Maine, County of Personally appeared the above named Grantor(s) and acknowledged the foregoing instrument to be her free act and deed. Signature of Notary Public Print or Type Name of Notary Public Notary Public, State of Maine Date Commission Expires: Quitclaim Deed Exhibit A EXHIBIT A Grantors: Grantees: Legal Description: