Fill and Sign the Control Number Ok 032 78 Form

© 2016 - U.S. Legal Forms, Inc. OKLAHOMA WARRANTY DEED [Two Individuals to Two Individuals] Control Number: OK-032-78 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 Oklahoma 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 above3. 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 ,”III. DISCLAIMERThese materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Oklahoma. 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. Warranty Deed Page 1 of 3Property Address: Mailing Address: WARRANTY DEED [Two Individuals to Two Individuals] GRANTORS: , whose address is and , whose address is , two individuals; IN CONSIDERATION of the sum of TEN & NO/100 Dollars ($10.00), and other valuable considerations, in hand paid, the receipt of which is hereby acknowledged, do hereby grant, bargain, sell and convey unto: GRANTEES: , whose address is and , whose address is , two individuals, as joint tenants with the right of survivorship ; the following described real property and premises situate in County, State of Oklahoma, to-wit: See Legal Description Attached as Exhibit A incorporated by reference Legal Description: Warranty Deed Page 2 of 3together with all the improvements thereon and the appurtenances thereunto belonging, and warrant the title to the same. TO HAVE AND TO HOLD said described premises unto the said Grantee’s, Grantee’sheirs, successors and assigns forever, free, clear and discharged of and from all former grants, charges, taxes, judgments, mortgages and other liens and encumbrances of whatsoever nature. EXCEPT covenants, conditions, easements, restrictions and mineral conveyances of record. IN WITNESS WHEREOF, the Grantors have executed this Deed on the day and year below.Date: Date: (1st Grantor’s Signature)(2nd Grantor’s Signature) Print Name Print NameSTATE OF OKLAHOMA, County of __________________, SS.This instrument was acknowledged before me on __________________ (date) by ______________________________ as Trustee of the ________________________ Trust. [SEAL] Notary Public Type or Print Name My Commission Expires: Warranty Deed Page 3 of 3STATE OF OKLAHOMA, County of __________________, SS.This instrument was acknowledged before me on __________________ (date) by ______________________________ as Trustee of the ________________________ Trust. [SEAL] Notary Public Type or Print Name My Commission Expires: Warranty Deed Exhibit A EXHIBIT A GRANTORS: GRANTEES: LEGAL DESCRIPTION: