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© 2017 - U.S. Legal Forms, Inc. ARIZONA QUITCLAIM DEED [Husband and Wife / Two Individuals to Husband and Wife / Two Individuals] Control Number: AZ-074-77 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 Arizona, 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 ,”“as community property with the right of survivorship ,”“as joint tenants with the right of survivorship ,”III. 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Quitclaim Deed Page 1 of 2This document prepared by (and after recording return to):Name: Firm: Address: Phone: QUITCLAIM DEED (Husband and Wife /Two Individuals to Two Individuals / Husband and Wife) THIS INDENTURE, made this day between:GRANTORS: , whose address is , and , whose address is , husband and wife,; AND GRANTEES: , whose address is ; and , whose address is , husband and wife.WITNESSETH, that Grantors, for and in consideration of the sum of TEN AND NO/100 DOLLARS ($10.00), and other good and valuable consideration to Grantors in hand paid by Grantees, the receipt whereof is hereby acknowledged, do hereby transfer, remise, release and forever quitclaim to Granteesas joint tenants with the right of survivorship , and Grantee’s heirs and assigns forever, the following described land, situate, lying and being in the County of , Arizona, to-wit: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description: Quitclaim Deed Page 2 of 2Prior document reference: Book _ _____ , P ag e _ _____ , D ocu m en t N o. _ _____ , o f t h e R eco rd er o f ______________________ County, Arizona.Date: Date: (Grantor’s Signature) (Grantor’s Signature) Print Name Print NameState of Arizona, County of The foregoing instrument was acknowledged before me this day of , 20 , by . Notary Public My Commission Expires: Print or Type Name State of Arizona, County of The foregoing instrument was acknowledged before me this day of , 20 , by . Notary Public My Commission Expires: Print or Type Name Exhibit A EXHIBIT A Grantors: Grantees: Legal Description: