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A warranty deed is the most common type of deed used in most purchase and sale transactions. It offers the best protection for the grantee because it guarantees that the title is good and marketable. Requirements to be filed. The deed must describe the real property, full legal description.
The seller or lender, also known as the grantor, and the buyer or the grantee are the two parties involved in a warranty contract.
Here are the steps to completing a deed transfer in Georgia: Names the Current Owner and New Owner. Contains a Description of the Property. Signed by Current Owner. Two Witnesses: Unofficial Witness Notary Public. Complete a PT-61, Transfer Tax Form. Record Deed in County Real Estate Records.
Here are the steps to completing a deed transfer in Georgia: Names the Current Owner and New Owner. Contains a Description of the Property. Signed by Current Owner. Two Witnesses: Unofficial Witness Notary Public. Complete a PT-61, Transfer Tax Form. Record Deed in County Real Estate Records.
As joint tenants, each person owns the whole of the property with the other. If one co-owner dies, their interest in the property automatically passes to the surviving co-owner(s), whether or not they have a will. As tenants in common, co-owners own specific shares of the property.
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Property owned in joint tenancy automatically passes to the surviving owners when one owner dies. No probate is necessary. Joint tenancy often works well when couples (married or not) acquire real estate, vehicles, bank accounts or other valuable property together.
An owner who wants to add a co-owner to his property, will have to do so by way of creating a new deed altogether. This new deed must also be registered at the sub-registrars office, to attain a legal validity under the Transfer of Property Act.
0:34 2:33 HOW TO ADD YOUR SPOUSE TO THE DEED TO YOUR HOUSE YouTube Start of suggested clip End of suggested clip Well its pretty common when a person who owns a house and gets married they want to put their newMoreWell its pretty common when a person who owns a house and gets married they want to put their new spouse on the deed to the home. The correct way to do that is by use of a quit claim deed.
The grantor must sign the deed (O.C.G.A. 44-5-30). Except for documents electronically filed, only an original document (original signature) that has been properly attested can be accepted for recording (O.C.G.A.
Here are the steps to completing a deed transfer in Georgia: Names the Current Owner and New Owner. Contains a Description of the Property. Signed by Current Owner. Two Witnesses: Unofficial Witness Notary Public. Complete a PT-61, Transfer Tax Form. Record Deed in County Real Estate Records.

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