Fill and Sign the To Two Individuals Husband and Wife Form

© 2016 - U.S. Legal Forms, Inc. MISSOURI WARRANTY DEED [L.L.C. to Two Individuals / Husband and Wife] Control Number: MO-033-78 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 Missouri, 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. 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Warranty Deed Coversheet (Space above reserved for Recorder of Deeds certification) Warranty Deed [L.L.C. to Two Individuals / Husband and /Wife] Grantee: 1st Grantee’s Mailing Address, Telephone: 2 nd Grantee’s Mailing Address, Telephone: Legal Description: Reference Book and Page(s): After recording, return to: Warranty Deed Page 1 of 2 WARRANTY DEED [L.L.C. to Two Individuals / Husband and Wife] This Warranty Deed made and entered into this , 20 , by and between: GRANTOR: , a limited liability company organized under the laws of the State of , duly authorized to do business in the State of Missouri, whose street address is , , ; and GRANTEES: , an individual whose street address is ; and , an individual whose street address is ; husband and wife. WITNESSETH: The Grantor, for and in consideration of the sum of TEN DOLLARS ($10.00) and other valuable consideration paid to the Grantor, the receipt of which is hereby acknowledged, does by these presents Grant, Bargain, and Sell, Convey and Confirm unto the Grantees, as the following described lots, tracts or parcels of land lying, being and situated in the County of , in the State of Missouri: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description: Warranty Deed Page 2 of 2 TO HAVE AND TO HOLD the premises aforesaid, with all and singular the rights, privileges, appurtenances and immunities thereto belonging or in anywise appertaining, unto the said Grantees and unto Grantee’s successors and assigns FOREVER, the said Grantor hereby covenanting it is lawfully seized of an indefeasible estate in fee in the premises herein conveyed; that it has good right to convey the same; that the said premises are free and clear of any encumbrances done or suffered by it or those under whom it claimed title; and that it will warrant and defend the title to said premises unto the said Gra ntees, and unto Grantee’s successors and assigns forever, against the lawful claims and demands of all persons. IN WITNESS WHEREOF, the said has caused its name to be hereunto subscribed by its managing member on the day and year set forth below. Date: A Limited Liability Company Company By: Signature Type or Print Name Its: State of Missouri, County of On this day of , 20 , before me, , a notary public in and for said state, personally appeared , (title of signatory) of , a limited liability company, known to me to be the person described in and who executed the above instrument, and who acknowledged to me that he executed the same in behalf of said limited liability company and for the purposes therein stated. IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year last above written. Notary Public My commission expires: Exhibit A EXHIBIT A Grantor: Grantees: Legal Description: