Fill and Sign the Time Share Quitclaim Deed from Husband and Wife to Two Individuals Nevada Form

2016 - U.S. Legal Forms, Inc.       NEVADA TIME SHARE - QUITCLAIM DEED [Husband and Wife to Two Individuals] Control Number: NV-061-77 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 Nevada, 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. 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 ,” III. 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APN #:       Recording Requested By:       Return Documents to: Name:       Address:       City/State/Zip:       Send Tax Statements to: Name:       Address:       City/State/Zip:       TIME SHARE QUITCLAIM DEED (Husband and Wife to Two Individuals) FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, GRANTORS :       and       , husband and wife , do hereby quitclaim unto GRANTEES:       , whose address is       , and       , whose address is       , individuals , as tenants in common , all the right, title, and interest in and to the following lands and property, together with all improvements located thereon, lying in the County of       , State of Nevada, to-wit: That Time Share Unit registered under Permanent Identification Number __________________ in ____________________________________ (Name of property of which the timeshare is a part), being a Timeshare Property created under the Nevada Revised Statutes, by a “ Time-Share Plan, Master Deed, Master Lease, or Declaration”, dated the ______ day of __________________ , ______ , and recorded the ______ day of __________________ , ______ in the Office of the Recorder of Deeds for ____________ County, Nevada, in Book No. ______ , Instrument No. __________________ . IN WITNESS WHEREOF , the Grantors have signed and sealed this Deed on the day and year set forth below. Date:       Date:       Quitclaim Deed Page 1 of 2 Signature of Grantor Signature of Grantor             Print Name Print Name State of Nevada, County of       The foregoing instrument was acknowledged before me on       , (Date) by       . (Full Name of Signor(s)) Notary Public, State of       (Seal)       Print or Type Name My Commission Expires:       State of Nevada, County of       The foregoing instrument was acknowledged before me on       , (Date) by       . (Full Name of Signor(s)) Notary Public, State of       (Seal)       Print or Type Name My Commission Expires:       Grantor’s Names, Addresses and Phone:                         Quitclaim Deed Page 2 of 2             Grantee’s Name, Address and Phone:                                     Quitclaim Deed Page 3 of 2 Exhibit A Grantors:             Grantees:             Legal Description:       Quitclaim Deed Exhibit A