Warranty Deed from Two Individuals to Four Individuals - Pennsylvania 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the names and addresses of the Grantors in the designated fields. Ensure accuracy as this information is crucial for legal purposes.
  3. Next, input the names and addresses of all four Grantees. Specify how they will hold the property: as Tenants in Common, Joint Tenants with Right of Survivorship, or Tenants by the Entirety.
  4. In the section for consideration, enter the amount paid by the Grantees. This should reflect any monetary exchange agreed upon.
  5. Complete the legal description of the property in Exhibit A. If you have a separate document for this, you can easily attach it using our platform.
  6. Finally, ensure that both Grantors sign and date the document in front of a Notary Public. The notary will also need to sign and affix their seal.

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Can One Owner Sell a Jointly Owned Property? Generally, one co-owner cannot sell the entire property without the consent of the others. However, in a tenancy in common, a party may sell their interest without seeking consent from the others.
A special warranty deed only guarantees that the seller holds title to the property and has not done anything to impair that title during their ownership. This means you may not be fully protected against issues that existed before the seller acquired the property.
The term special might suggest higher quality to buyers, but the special warranty deed offers less coverage. It offers less protection due to the limited time frame it covers. For residential properties, special warranty deeds are often used in foreclosures and forced sales to settle debts.
A special warranty deed is usually used for commercial property transactions because a business property may go through several owners, none of whom want to be held liable for what occurred during a previous owners tenancy.
A special warranty deed is a legal document that transfers ownership of real property from one person to another.
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Adding a family member to the deed as a joint owner for no consideration is considered a gift of 50% of the propertys fair market value for tax purposes. If the value of the gift exceeds the annual exclusion limit ($16,000 for 2022) the donor will need to file a gift tax return (via Form 709) to report the transfer.
A special warranty deed is a type of real estate deed used to transfer property ownership from one person to another. By using this particular deed, the seller is guaranteeing to the buyer that there are no defects or problems with the property title during the time that they owned the property.
In Pennsylvania, usually the easiest way to add someone to your deed is with what sometimes is called a Quitclaim Deed. Its perfect for spousal transfersquick, simple, and doesnt mess with your mortgage. You can find a form online, at a stationary store, or let us provide one for you.

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