Fill and Sign the Quitclaim Deed Two Individuals to Three Individuals Georgia Form

© 2016 - U.S. Legal Forms, Inc.       GEORGIA QUITCLAIM DEED [Two Individuals to Three Individuals] Control Number: GA-022-77 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. NOTE ON FILING THIS FORM You must fill out a real estate transfer tax GSCCCA PT-61 form online, print it out, and file it along with the quitclaim deed. You can find the transfer tax form at: http://www.gsccca.org/efiling/pt61/ III. DESIGNATING HOW THE GRANTEES WILL HOLD THE PROPERTY: A. In the State of Georgia, 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 3. 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 ,” VI. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Georgia. 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HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. QUITCLAIM DEED [Two Individuals to Three Individuals] After recording, return to: Name:       Address:       City/State/Zip:       STATE OF GEORGIA , ____________ County. THIS INDENTURE, made the       day of       , in the year       , between       , of the County of       , and State of Georgia , and       , of the County of       , State of Georgia , as party or parties of the first part, hereinafter called Grantors, and       ,       , and       , as party or parties of the second part, hereinafter called Grantees (the words ''Grantors'' and ''Grantees'' to include their respective heirs, successors and assigns where the context requires or permits). WITNESSETH: That Grantors for and in consideration of the sum of ONE AND NO/100 DOLLAR ($ 1.00) AND OTHER GOOD AND VALUABLE CONSIDERATION, cash in hand paid, the receipt of which is hereby acknowledged, has bargained, sold, and does by these presents bargain, sell, remise, release and forever quitclaim to Grantees, as       , all the right, title interest, claim or demand which the Grantors have or may have had in and to the following described real property, to wit: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       Quitclaim Deed Page 1 of 2 with all the rights, members and appurtenances to the said described premises in anywise appertaining or belonging. TO HAVE AND TO HOLD the said described premises unto the Grantees, so that neither the said Grantors, nor any other person or persons claiming under Grantors shall at any time claim or demand any right, title or interest to the aforesaid described premises or its appurtenances. IN WITNESS WHEREOF, the Grantors have signed and sealed this deed the day and year above written. Signed, sealed and delivered in presence of: Unofficial Witness Signature of Grantor       Print or Type Name Notary Public Signature of Grantor My Commission expires:       Type or Print Name [NOTARIAL SEAL] Names and address of the Grantors: Name:       Address:       City/State/Zip:       Name:       Address:       City/State/Zip:       Name and Address of Grantees: Name:       Address:       City/State/Zip:       Name:       Address:       City/State/Zip:       Name:       Address:       City/State/Zip:       Quitclaim Deed Page 2 of 2 EXHIBIT A Grantors:             Grantees:                   Legal Description:       Quitclaim Deed Exhibit A