Fill and Sign the Warranty Deed Individual to Three Individuals Maine Form

© 2016 - U.S. Legal Forms, Inc.       MAINE WARRANTY DEED [Individual to Three Individuals] Control Number: ME-SDEED-9-14 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 Maine, 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 3. In the attached deed, the preparer will need to indicate how the Grantees will hold the property: as Tenants in Common or Joint Tenants with Right of Survivorship. B. For example: “. . . as tenants in common , . . .” OR “. . . as joint tenants with the right of survivorship ,. . .“ II. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Maine. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem, we suggest that you consult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. 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Prepared By and After Recording Return to:                   Send Tax Statements to (Name and Address):                   WARRANTY DEED (Individual to Three Individuals) GRANTOR:       , FOR A VALUABLE CONSIDERATION, grants to GRANTEES:       ,       , and       , as       , with Warranty Covenants, the following described real property situated at:       (property address),       County, Maine, described more specifically as: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       Also hereby conveying all rights, easements, privileges, and appurtenances, belonging to the premises hereinabove described. Prior instrument Reference: Deed Book ____________ , Page ____________ , of the Land Records of the Town of __________________ , Maine. SUBJECT TO: 1. A ll easements, rights-of-way, protective covenants and mineral reservations of record, if any. 2. Other limitations and restrictions: None Warranty Deed - 1 - IN WITNESS WHEREOF, the Grantor has signed and delivered this Deed on this date. Date:       Signature of Grantor       Type or Print Name State of Maine , County of       Personally appeared the above named seller / owner and acknowledged the foregoing instrument to be his free act and deed. Signature of Notary Public       Print or Type Name of Notary Public Notary Public, State of Maine Date Commission Expires:       Grantor’s Name, Address and phone:                   Grantee’s Names, Addresses and phone:                                                       Warranty Deed - 2 - EXHIBIT A Grantor:       Grantees:                   Legal Description:       Warranty Deed Exhibit A