Fill and Sign the Maryland Warranty Deed for Parents to Child with Reservation of Life Estate Form

Pre pared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF MARYLAND WARRANTY DEED [Parent(s) to Child with reservation of Life Estate] Control Number – MD - SDEED - 2 NOTE ABOUT COMPLETING THE FORMS The forms in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. If y ou do not see the gray shaded form fields, go 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 in this button and the form field s will be visible. The forms are locked which means that the content of the forms cannot be changed. You can only fill in the information in the fields. 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DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Maryland. 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 sugg est that you consult an attorney. 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 IMPLIE D 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 (INCLU DING, WITHOUT LIMITATION DAMAGES FOR LOSS OF 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. NOTES ON FI LING THIS FORM In the State of Maryland, a Land Instrument Intake Sheet is required to be filed with the deed. The actual form may be found at: http://www.montgomerycountymd.gov/mc/services/finance/pdf_taxinfo/transfer.pdf Note that the form is a pdf form and you will need the Adobe Acrobat Reader to read and print the form. If you do not have the reader, it can be downloaded at: http://www.adobe.com/products/acrobat/readstep2.html You may access instructions to complete the form at: http://www.montgomerycountymd.gov/mc/services/finance/pdf_taxinfo/intake.pdf Note that the Maryland Code contains many provisions affecting the transfer of property. Some provisions apply to specified counties and some apply to all Maryland counties. The Clerk of the Circuit Court in the county in which the property is located can best advise you of the particular procedures in effect in that specific county. Prepared By and After Recording Return to: Send Tax Statements to Grantee (Name and Address): -------- Above This Line Reserved For Official Use Only -------- WARRANTY DEED (Parent(s) to Child with reservation of Life Estate) 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, ______________________________ , an individual, or ______________________________ and ______________________________ Husband and Wife, hereinafter referred to as Grantor, whether one or more, by these presents do hereby GRANT and CONVEY unto, ______________________________ , the following lands and property, together with all improvemen ts located thereon, situated in the County of __________________ , State of Maryland, to -wit: INSERT DESCRIPTION OR ATTACH AS EXHIBIT SUBJECT to Life Estates retained by ______________________________ and ______________________________ , Grantors, to run consecutively . It is the express intention of the Grantors that the ending of one Life Estate shall in no way affect the remaining Life Estate. SUBJECT to all easements, rights -of-way, protective covenants and mineral reservations of record, if any. TO HAVE AND TO HOLD the same together with all the rights, immunities, privileges and appurtenances to the same belonging unto the said Grantee, and to its successors and assigns, forever; Grantors hereby covenanting that said premises are free and clear o f any encumbrances and that Grantors and the successors, executors, and administrators of Grantors shall and will warrant and defend the title to the premises, unto the said Grantee, and to the successors and assigns of Grantee, against the lawful claims o f all persons whomsoever. IN WITNESS WHEREOF , the said ____________________________________ has hereunto set Grantor(s) hand this ______ Day of __________________ , 20 ______ . Witness Signature Witness Print Name Witness Signature Witness Print Name STATE OF __________________ COUNTY OF __________________ Personally appeared before me, the undersigned authority in and for said county and state, on this ______ day of ____________ , 20 ______ , the within named __________________ , known to me, or satisfactorily proven, to be the person whose name is subscribed to the within instrument and who acknowledges that he/she (strike one) executed the same for the purposes therein contained. ____________________________________ NOTARY PUBLIC My Commission Expires: __________________ STATE OF _____ _____________ COUNTY OF __________________ Personally appeared before me, the undersigned authority in and for said county and state, on this ______ day of ____________ , 20 ______ , the within named __________________ , known to me, or satisfactorily proven, to be the person whose name is subscribed to the within instrument and who acknowledges that he/she (strike one) executed the same for the purposes therein contained. ____________________________________ NOTARY PUBLIC My Commission Expires: __________________ CERTIFICATION OF PREPARATION THIS IS TO CERTIFY that the within instrument has been prepared by, or under the supervision of the undersigned Maryland attorney, or if no attorney, prepared by the undersigned, a party to this instrument. _____________________________________ Sig nature Grantor(s) Name, Address and phone: Grantee(s) Name, Address and Phone: