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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.
Colorado law does not recognize tenancy by the entirety. Property in Colorado can only be owned be- tween two or more individuals in joint tenancy or as tenants in common.
A warranty deed or quit claim deed TRANSFERS TITLE or OWNERSHIP of real property. When you purchase property, you usually receive a warranty deed from the seller to you to show that you now own the property.
Where do I get copies of deeds or other documents? To get copies of documents you will need to contact the Clerk and Recorders Office online at or via phone at (303) 271-8186.
In Colorado, this form of joint ownership is available: Joint tenancy. Property owned in joint tenancy automatically passes to the surviving owners when one owner dies.
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A joint tenancy between two persons will be severed if one of the joint tenants conveys his interest to a third party. The remaining owner and the new owner will hold the property as tenants in common.
In short, the distinction between the two forms of warranty deeds is that in a general warranty deed, the seller warrants against anything any owner of the property ever did to encumber title and in a special warranty deed the seller only warrants against anything the seller did to encumber title.
The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
TENANT MAY SEVER THE JOINT TENANCY BETWEEN HIMSELF OR HERSELF AND ALL REMAINING JOINT TENANTS BY UNILATERALLY EXECUTING AND RECORDING AN INSTRUMENT CONVEYING HIS OR HER INTEREST IN REAL PROPERTY TO HIMSELF OR HERSELF AS A TENANT IN COMMON. THE JOINT TENANCY SHALL BE SEVERED UPON RECORDING SUCH INSTRUMENT.
A Colorado special warranty deed is a recorded instrument that transfers real estate with limited warranty of title. A warranty of title is an enforceable promise from the propertys current ownerthe grantorto the new ownerthe granteethat the propertys title is free of defects.

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