Fill and Sign the West Virginia Five Form

© 2016 - U.S. Legal Forms, Inc.       WEST VIRGINIA QUITCLAIM DEED [Four Individuals to Five Individuals] Control Number: WV-022-77 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 West Virginia, 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 additional information on the above see the definitions at: http://lawdigest.uslegal.com/ C. For example: “as Tenants in Common ,” III. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the subject state. 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. THESE MATERIALS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U.S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OR PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. QUITCLAIM DEED (Four Individuals to Five Individuals) THIS DEED , made this       day of       , 20       , by and between: GRANTORS:       ,       ,       , and       , and GRANTEES:       ,       ,       ,       , and       . WITNESSETH: That, for and in consideration of the sum of TEN DOLLARS ($10.00), cash in hand paid, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Grantors do hereby remise, release and forever quitclaim, both in law and equity, unto the Grantees, as       , all of the following lands and property, together with all improvements located thereon, lying in the County of       , State of West Virginia, to-wit: See Legal Description attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       AND BEING PART OF the same real estate conveyed to the Grantors herein by a deed dated       , 20       , of record in the Office of the Clerk of the County Commission of       County, West Virginia, in Deed Book       at Page       . DECLARATION OF CONSIDERATION OR VALUE Quitclaim Deed Page 1 of 3 The undersigned hereby declares that the consideration paid for the real estate conveyed by the document to which this declaration is attached is $       . WITNESS Grantor’s signatures on the day and year set forth below. Date:       Date:       (1 st Grantor’s Signature) (2 nd Grantor’s Signature)             Print Name Print Name Date:       Date:       (3 rd Grantor’s Signature) (4 th Grantor’s Signature)             Print Name Print Name State of West Virginia , County of       The foregoing instrument was acknowledged before me this       (date), by       . [SEAL] Notary Public, State of             Type or Print Name My commission expires:       State of West Virginia , County of       The foregoing instrument was acknowledged before me this       (date), by       . Quitclaim Deed Page 2 of 3 [SEAL] Notary Public, State of             Type or Print Name My commission expires:       State of West Virginia , County of       The foregoing instrument was acknowledged before me this       (date), by       . [SEAL] Notary Public, State of             Type or Print Name My commission expires:       State of West Virginia , County of       The foregoing instrument was acknowledged before me this       (date), by       . [SEAL] Notary Public, State of             Type or Print Name My commission expires:       Prepared by and return to: Send Tax Statements to:                         Quitclaim Deed Page 3 of 3                         Signature of Preparer Quitclaim Deed Page 4 of 3 EXHIBIT A       Quitclaim Deed Exhibit A