Fill and Sign the Texas Husband 497327389 Form

© 2017 - U.S. Legal Forms, Inc.       TEXAS QUITCLAIM DEED [Husband and Wife to Husband and Wife and Husband and Wife] Control Number: TX-40-77 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. DESIGNATING HOW THE GRANTEES WILL HOLD THE PROPERTY: A. In the State of Texas, 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 all 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. 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 joint tenants with the right of survivorship ,” III. 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QUITCLAIM DEED [Husband and Wife to Husband and Wife and Husband and Wife] 1 st Grantor:       2 nd Grantor:       , husband and wife , Mailing Address: Mailing Address:             (Street Address) (Street Address)             (City, State, Zip Code) (City, State, Zip Code) 1 st Grantee:       2 nd Grantee:       husband and wife , Mailing Address: Mailing Address:             (Street Address) (Street Address)             (City, State, Zip Code) (City, State, Zip Code) 3 rd Grantee:       4 th Grantee:       husband and wife , Mailing Address: Mailing Address:             (Street Address) (Street Address)             (City, State, Zip Code) (City, State, Zip Code) Consideration:       Dollars ($ ____________ ) cash and other good and valuable consideration, the receipt of which is hereby acknowledged, and for which no lien, expressed or implied, is retained in this deed. Property (including any improvements) : See Legal Description Attached as Exhibit A and incorporated by reference as though set forth in full Legal Description:       Quitclaim Deed Page 1 of 2 For good and valuable consideration, the receipt and sufficiency of which is acknowledged, Grantors have QUITCLAIMED and by these presents do QUITCLAIM unto Grantees, as joint tenants with the right of survivorship , any and all interest the Grantors have in the Property described above. IN WITNESS WHEREOF, Grantors have executed this Quitclaim Deed on the day and year set forth below. Date:       Date:       (1 st Grantor’s Signature) (2 nd Grantor’s Signature)             Print or Type Name Print or Type Name State of Texas , County of __________________ This instrument was acknowledged before me on       by       . Notary Public       Type or Print Name My commission expires:       State of Texas , County of __________________ This instrument was acknowledged before me on       by       . Notary Public       Type or Print Name My commission expires:       Quitclaim Deed Page 2 of 2 Quitclaim Deed Page 3 of 2 EXHIBIT A Grantors:             Grantees:                         Legal Description:       Exhibit A