Fill and Sign the West Virginia Warranty Deed from Parents to Child with Reservation of Life Estate 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 Page 1 of 5 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: S U BJE C T to Lif e Esta te s re ta in ed by ______________________________ an d __ _____ _______________ ________, G ra n to r(s ), t o r u n c o nse cu tiv ely . I t b ein g t h e i n te n tio n o f t h e Gra n to rs t h at t h e e n din g o f o ne L if e E sta te s h all i n n o w ay a ffe ct t h e r e m ain in g L if e E sta te . Warranty Deed Page 2 of 5SU BJE C T t o a ll e ase m en ts , r ig hts -o f-w ay , p ro te ctiv e c o ven an ts a n d m in era l r e se rv atio ns o f re co rd , i f a n y. TO HAVE AND TO HOLD same unto Grantee(s), and unto Grantee(s) heirs and assigns forever, with all appurtenances thereunto belonging.SU BJE C T to th e re se rv atio ns, ex cep tio ns an d re str ic tio ns as here in befo re se t out, GR A NTO R(S ) here b y W ARRANTS G EN ER ALLY an d co ven an ts w ith G RA NTEE(S ) th at Gr a n to r(s ) a re la w fu lly s e iz ed in fe e s im ple o f s a id p re m is e s; th at th e p re m is e s a re fre e fro m a ll en cu m bra n ces, u nle ss o th erw is e n ote d a b ove; th at G ra n to r(s ) h av e a g ood r ig ht to s e ll a n d c o nvey th e s a m e a s a fo re sa id ; a n d t o f o re v er w arra n t a n d d efe n d t h e t itle t o t h e s a id l a n ds a g ain st a ll c la im s wh ate v er.T he p ro perty h ere in c o nvey ed is n ot a p art o f th e h o m este ad o f G ra n to r(s ), o r is p art of t h e h om este a d o f G ra n to r(s ) a n d t h e c o nvey an ce i s j o in ed b y b oth H usb an d a n d W if e . C O M PL ETE A LL A PPL IC A BLE S T A TEM EN TS: T he gra n to r(s ) here in does/d o h ere b y d ec la re t h at t h is i s a t r a n sfe r e x em pt f ro m t h e e x cis e t a x ; U nder t h e p en altie s o f f in e a n d im pris o nm en t as pro vid ed by la w , th e gra n to r(s ) does/d o here b y decla re (s ) th at th e to ta l co nsid era tio n f o r th e r e al e sta te tr a n sfe rre d b y th is d ocu m en t is __________________ Dollars ($ __________________). WIT N ESS G ra n to r(s ) h an d(s ) t h is t h e _ _____ d ay o f _ ___________ , 2 0______ .(1st Grantor’s Signature)(2nd Grantor’s Signature) Type or Print Name Type or Print NameState of West VirginiaCounty of __________________ Warranty Deed Page 3 of 5The foregoing instrument was acknowledged before me this __________________ (date), by ______________________________.SealNotary Public, State of __________________My commission expires: Type or Print NameState of West VirginiaCounty of __________________The foregoing instrument was acknowledged before me this __________________ (date), by ______________________________.SealNotary 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 Warranty Deed Page 4 of 5conveyed by this document is $________________________; and documentary stamps showing 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 NameNature 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 5 of 5 Warranty Deed Exhibit A EXHIBIT A