Fill and Sign the Mo Warranty 497313058 Form

© 2016 - U.S. Legal Forms, Inc.       MISSOURI WARRANTY DEED [Two Trusts to Husband and Wife] Control Number: MO-025-78 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 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 Missouri, 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 c. 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 ,” III. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Missouri. 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. (Space above reserved for Recorder of Deeds certification) Warranty Deed [Two Trust to Husband and Wife] Grantors:             Grantees:             Grantee’s Mailing Address, Telephone:                   Legal Description:       Reference Book and Page(s):       After recording, return to:       Warranty Deed Coversheet WARRANTY DEED [Two Trusts to Husband and Wife] This Warranty Deed made and entered into this       , 20       , by and between: GRANTORS:       , an individual whose street address is       , as Trustee under the provisions of a trust agreement dated       , 20       , and known as the       Trust ; and       , an individual whose street address is       , as Trustee under the provisions of a trust agreement dated       , 20       , and known as the       Trust; and GRANTEES:       and       , Husband and Wife, whose street address is       ,       ,       ; WITNESSETH: The Grantors, for and in consideration of the sum of TEN DOLLARS ($10.00) and other valuable consideration paid to the Grantors, the receipt of which is hereby acknowledged, does by these presents Grant, Bargain, and Sell, Convey and Confirm unto the Grantees, as       , the following described lots, tracts or parcels of land lying, being and situated in the County of       , in the State of Missouri: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       Warranty Deed Page 1 of 3 TO HAVE AND TO HOLD the premises aforesaid, with all and singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining, unto the said Grantees and unto their successors and assigns FOREVER, the said Grantors hereby covenanting that they are together lawfully seized of an indefeasible estate in fee in the premises herein conveyed; that they have good right to convey the same; that the said premises are free and clear of any encumbrances done or suffered by them or those under whom they claimed title; and that they will warrant and defend the title to said premises unto the said Grantees, and unto Grantee’s successors and assigns forever, against the lawful claims and demands of all persons. IN WITNESS WHEREOF, the Grantors, each acting in their capacity as Trustees, have executed the above instrument on the day and year set forth below. Date:       Name of Trust:       By: Signature       Type or Print Name Date:       Name of Trust:       By: Signature       Type or Print Name STATE OF MISSOURI , COUNTY OF __________________ , ss. On this ______ day of ____________ , 20 ______ , before me personally appeared ________________________________________________ , to me known to be the persons described in and who executed the within Warranty Deed, and acknowledged to me that they executed the same as their free act and deed and for the purposes therein stated. Warranty Deed Page 2 of 3 IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year last above written. My commission expires       Notary Public Warranty Deed Page 3 of 3 EXHIBIT A Grantors:             Grantees:             Legal Description:       Exhibit A