Fill and Sign the Control Number Nv 050 77 Form

© 2016 - U.S. Legal Forms, Inc. NEVADA GRANT, BARGAIN AND SALE DEED [Husband and Wife to Two Individuals] Control Number: NV-050-77 I. TIPS ON COMPLETING THE FORMSThe 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 Nevada, 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 aboveb. Joint Tenants with the Right of Survivorship – See abovec. Community Property - a form of joint ownership of property between married individuals. When a married co-owner dies their share goes to their heirs as provided in their will or the laws of intestacy.d. Community Property with the right of survivorship - a form of joint ownership of property between married individuals. When a married co- owner dies their share goes to the surviving spouse. 3.In the attached deed, the preparer will need to indicate how the Grantees will hold the property: as Tenants in Common; Joint Tenants with Right of Survivorship; community property or community property with the 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 ,”III. DISCLAIMERThese materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Nevada. 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Grant, Bargain and Sale Deed Page 1 of 3APN# Recording Requested By: Return Documents to:Name: Address: City/State/Zip Send Tax Statements to:Name: Address: City/State/Zip GRANT, BARGAIN AND SALE DEED FOR A VALUABLE CONSIDERATION, receipt of which is hereby acknowledged, GRANTORS: and , Husband and Wife, hereby GRANT, BARGAIN, SELL AND CONVEY TOGRANTEES: , whose address is ,and , whose address is ,as ,that property in County, Nevada, described as: See Legal Description Attached as Exhibit A incorporated by reference Legal Description: Grant, Bargain and Sale Deed Page 2 of 3Derivation: This being the same property conveyed to Grantors by __________________Deed dated ____________ and recorded ____________ (date) in the Office of the Recorder of Deeds for __________________ County in Book ____________ at Page ____________ and Instrument Number ____________.IN WITNESS WHEREOF, Grantors have caused this instrument to be executed under seal this ______ day of __________________, 20______.(1st Grantor’s Signature)(2nd Grantor’s Signature) Print Name Print NameState of Nevada, County of The foregoing instrument was acknowledged before me on , (Date) by . (Full Name of Signor) Notary Public, State of (Seal) Print or Type Name My Commission Expires: State of Nevada, County of The foregoing instrument was acknowledged before me on , (Date) by . (Full Name of Signor) Notary Public, State of (Seal) Print or Type Name My Commission Expires: Grant, Bargain and Sale Deed Page 3 of 3Names and address of the Grantors:Name: Address: City/State/Zip: Name: Address: City/State/Zip: Name and Address of Grantee:Name: Address: City/State/Zip: Name: Address: City/State/Zip: Exhibit A EXHIBIT A Grantors: Grantees: Legal Description: