Fill and Sign the Trust to Four 4 Individuals Form

© 2016 - U.S. Legal Forms, Inc. FLORIDA QUITCLAIM DEED [Trust to Four (4) Individuals] Control Number: FL-063-77 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. 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 aboveb. Joint Tenants with the Right of Survivorship – See abovec. 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 . . . ”III. DISCLAIMERThese materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Florida. 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HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Quitclaim Deed Page 1 of 2This instrument prepared by, and please return to:Name Address Rec. $ Property Appraiser’s ParcelDoc.St.$ ID No. QUITCLAIM DEED [Trust to Four Individuals] THIS INDENTURE, made this day of , 20 , between: GRANTOR: , as Trustee under the provisions of a Trust Agreement dated , and known as the Trust, Trust No. , AND GRANTEES: , whose street address is in the County of , State of ; , whose street address is in the County of , State of ; , whose street address is in the County of , State of ; and , whose street address is in the County of , State of ;WITNESSETH: That the Grantor, in consideration of the sum of $ ,and other good and valuable consideration, do hereby remise, release, and quitclaim unto Grantee,as joint tenants with the right of survivorship , legal title to all that certain property in County, Florida, to-wit: Quitclaim Deed Page 2 of 2 See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description: In Witness Whereof, the said Grantor, acting in his capacity as Trustee of the __________________ Trust, has signed and sealed these presents on the day and year set forth below.Signed, sealed and delivered in the presence of:Date: First Witness Signature Signature of Grantor Printed Name Type or Print Name Address: Second Witness Signature Type or Print Name City, State and ZipSTATE OF FLORIDA, COUNTY OF The foregoing instrument was acknowledged before me this (date) by , in his capacity as Trustee of the Trust, on behalf of the Trust. He is personally known to me or has produced (type of identification) as identification.Notary Public My Commission expires: Commission No. Exhibit AEXHIBIT A Grantor: Grantees: Parcel Identification Number: Legal Description: