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Commonly Asked Questions about Warranty Deed for Two Individuals

Regardless of what the situation might be, we always recommend that both names should go on the title to ensure that both individuals are equal owners of the property.
A general warranty deed is the most common type of deed used for transferring real estate. It basically promises that: not only does the seller have good and proper title to sell the property, but all the prior owners also had good title, thus making a complete chain of ownership; and.
Ways To Hold Title For Married Couples In California Tenants In Common. Joint Tenancy. Community Property With Right of Survivorship. Trustees Of A Trust. It is usually most beneficial for a married couple in California to hold title in their revocable trust.
How to fill out joint tenancy warranty deed: Begin by obtaining a blank joint tenancy warranty deed form. Fill in the names of all parties involved in the joint tenancy. Clearly state the legal description of the property being transferred. Indicate the percentage of ownership for each joint tenant.
The most recognized form for a married couple is to own their home as Tenants by the Entirety. A tenancy by the entirety is ownership in real estate under the fictional assumption that a husband and wife are considered one person for legal purposes. This method of ownership conveys the property to them as one person.
Plus, it can dramatically affect a creditors ability to seize your home or other real estate. For example, the best way to hold title for a married couple is often tenancy by the entireties.
One of the most commonly asked questions in marital property transactions is how title should be held between husband and wife. Traditionally, joint tenancy form was favored because of the ease of title transfer at death. However, as discussed below, title transfer at death can be as easy in community property form.
Warranty Deeds are used in most home sales between unrelated parties because they offer the most protection for buyers without established trust. If any title issues arise after a sale, a Warranty Deed ensures that the seller remains responsible.