Quitclaim Deed

FLORIDA QUITCLAIM DEED

I. TIPS ON COMPLETING THE FORMS

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II. DESIGNATING HOW THE GRANTEES WILL HOLD THE PROPERTY:

A. In the State of Florida 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 , . . .” OR

“. . . as tenants by the entireties , . . .” OR

“. . . as joint tenants with the right of survivorship, and not as tenants in common , . . .”

III. DISCLAIMER

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QUITCLAIM DEED

THIS DEED, made by,

GRANTOR: , whose post office address is , and

GRANTEES: , whose post office address is , and

, whose post office address is , husband and wife:

WITNESSETH: That the Grantor, in consideration of the sum of $ , and other good and valuable consideration, does hereby remise, release, and quitclaim unto Grantees, as , legal title to all that certain property in County, Florida, to-wit:

See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full

Legal Description:

SUBJECT TO a Life Estate in , whose post office address is .

IN WITNESS WHEREOF, the said Grantor has signed and sealed these presents on the day and year set forth below.

Signed, sealed and delivered in the presence of:

STATE OF FLORIDA, COUNTY OF

The foregoing instrument was acknowledged before me this day of , 20, by , who is personally known to me or has produced as identification and who did/ did not take an oath.

EXHIBIT A

Grantor:

Grantees:

Life Tenant:

Parcel Identification Number:

Legal Description: