Fill and Sign the Warranty Deed from Parents to Child with Reservation of Life Estate West Virginia Form

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF WEST VIRGINIA WARRANTY DEED [From Parent(s) to Child reserving Life Estate(s) to Parent(s) Control Number – WV - SDEED - 2 NOTE ABOUT COMPLETING THE FORMS The forms in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. If you do not see the gray shaded form fields, go 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 in this button and the form fields will be visible. The forms are locked which means that the content of the forms cannot be changed. You can only fill in the information in the fields. 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WARRANTY DEED (Individual(s) to Individual with Retained Life Estate) KNOW ALL MEN BY THESE PRESENTS THAT: 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, ______________________________ , an individual, or ______________________________ and ______________________________ , Husband and Wife, hereinafter referred to as “Grantor(s)”, whether one or more, do(es) hereby grant, convey and warrant unto ______________________________ , an individual, hereinafter “Grantee”, that certain lot or parcel of land, together with the improvements thereon and appurtenances thereunto belonging, situate in ____________ District, ____________ County, West Virginia, located in the Village/City of __________________ , and being more particularly described as follows: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       SUBJECT to Life Estates retained by ______________________________ and ______________________________ , Grantor(s), to run consecutively. It being the intention of the Grantors that the ending of one Life Estate shall in no way affect the remaining Life Estate. Warranty Deed Page 1 of 5 SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. TO HAVE AND TO HOLD same unto Grantee(s), and unto Grantee(s) heirs and assigns forever, with all appurtenances thereunto belonging. SUBJECT to the reservations, exceptions and restrictions as hereinbefore set out, GRANTOR(S) hereby WARRANTS GENERALLY and covenants with GRANTEE(S) that Grantor(s) are lawfully seized in fee simple of said premises; that the premises are free from all encumbrances, unless otherwise noted above; that Grantor(s) have a good right to sell and convey the same as aforesaid; and to forever warrant and defend the title to the said lands against all claims whatever. The property herein conveyed is not a part of the homestead of Grantor(s), or is part of the homestead of Grantor(s) and the conveyance is joined by both Husband and Wife. COMPLETE ALL APPLICABLE STATEMENTS: The grantor(s) herein does/do hereby declare that this is a transfer exempt from the excise tax; Under the penalties of fine and imprisonment as provided by law, the grantor(s) does/do hereby declare(s) that the total consideration for the real estate transferred by this document is __________________ Dollars ($ __________________ ). WITNESS Grantor(s) hand(s) this the ______ day of ____________ , 20 ______ . (1 st Grantor’s Signature) (2 nd Grantor’s Signature)             Type or Print Name Type or Print Name State of West Virginia County of __________________ Warranty Deed Page 2 of 5 The foregoing instrument was acknowledged before me this __________________ (date), by ______________________________ . Seal Notary Public, State of __________________ My commission expires: Type or Print Name State of West Virginia County of __________________ The foregoing instrument was acknowledged before me this __________________ (date), by ______________________________ . Seal Notary Public, State of __________________ My commission expires: Type or Print Name DECLARATION OF CONSIDERATION OR VALUE I hereby declare: (a) The total consideration paid for the property conveyed by the document to which this declaration is appended is $ ________________________ ; or (b) The true and actual value of the property transferred by the document to which this declaration is appended is, to the best of my knowledge and belief $ ________________________ ; or (c) The proportion of all the property included in the document to which this declaration is appended which is real property located in West Virginia is ____________ %; the value of all the property $ ________________________ ; the value of real estate in West Virginia is $ ________________________ ; or (d) This deed conveys real estate located in more than one county in West Virginia; the total consideration paid for, or actual cash value of, all the real estate located in West Virginia conveyed by this document is $ ________________________ ; and documentary stamps showing Warranty Deed Page 3 of 5 payment of all of the excise tax on all of said real estate are attached to an executed counterpart of this deed recorded in __________________ County. Given under my hand this ______ day of __________________ , 20 ______ . Signature       Type or Print Name Nature of Interest in Conveyance: Grantor Grantee Other Specify:       Prepared by and after Recording Return to: Name: ___________________ Firm/Company: ___________________ Address: ___________________ Address 2: ___________________ City, State, Zip: ___________________ Phone: ___________________ Preparer’s signature: ______________________________ Grantor(s) Name, Address and phone: Grantee(s) Name, Address and Phone: Warranty Deed Page 4 of 5 Warranty Deed Page 5 of 5 EXHIBIT A       Warranty Deed Exhibit A