Fill and Sign the Five Individuals Form

© 2016 - U.S. Legal Forms, Inc. PENNSYLVANIA QUITCLAIM DEED [Husband and Wife / Two Individuals to Five Individuals] Control Number: PA-029-77 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 Pennsylvania, 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. Tenants by the Entirety - a type of concurrent estate formerly available only to married couples, where ownership of property is treated as though the couple were a single legal person. Like a JTWROS, the tenancy by the entirety also encompasses a right of survivorship, so if one spouse dies, the entire interest in the property passes to the surviving spouse, without going through probate.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; or, Tenants by the Entirety.B. For additional information on the above see the definitions at:http://lawdigest.uslegal.com/C.For example: “. . . as Tenants in Common , hereinafter. . .”III. DISCLAIMERThese materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the state of Pennsylvania. 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. Quitclaim Deed Page 1 of 3Prepared by: __________________Return to: Parcel # QUITCLAIM DEED[Two Individual to Five Individuals] FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, GRANTORS: and ,individualsDO HEREBY RELEASE AND QUITCLAIM UNTO GRANTEES: , ; , , and , as , all Grantor’s interest in the following lands and property, together with all improvements located thereon, including but not limited to any life estate in said property, lying in the County of , State of Pennsylvania, more particularly described as: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description: Prior instrument reference: Book _ _____ , P ag e _ _____ , D ocu m en t N o. _ _____ , o f t h e R eco rd er o f ______________________ County, Pennsylvania.Address of property: ______________________ Quitclaim Deed Page 2 of 3SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. IN WITNESS WHEREOF, the Grantors have executed this Quitclaim Deed on day and year set forth below.(1st Grantor’s Signature)(2nd Grantor’s Signature) Print Name Print NameCommonwealth of Pennsylvania, County of __________________ On this, the day of , 20 , before me, , the undersigned officer, personally appeared of the State (County or City as the case may be) of known to me (or satisfactorily proven) to be the person described in the foregoing instrument, and acknowledged that he or she executed the same in the capacity therein stated and for the purposes therein contained. Witness my hand and official seal. Signature of Notary Public NOTARY SEAL Printed Name of Notary Commission Expiration Date Commonwealth of Pennsylvania, County of __________________ On this, the day of , 20 , before me, , the undersigned officer, personally appeared of the State (County or City as the case may be) of known to me (or satisfactorily proven) to be the person described in the foregoing instrument, and acknowledged that he or she executed the same in the capacity therein stated and for the purposes therein contained. Witness my hand and official seal. Signature of Notary Public NOTARY SEAL Printed Name of Notary Commission Expiration Date Quitclaim Deed Page 3 of 3CERTIFICATION OF GRANTEE’S ADDRESS:Grantee Name and Address: Grantee Name and Address: Grantee Name and Address: Grantee Name and Address: Grantee Name and Address: I hereby certify under penalty of perjury that the above information is true and accurate.Date: Signature Rank/Position __________________ Quitclaim Deed Exhibit A EXHIBIT A Grantors: Grantees: Legal Description: