Warranty Deed from Two Individuals to Two Individuals. - Pennsylvania 2025

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  1. Click ‘Get Form’ to open the Warranty Deed in our editor.
  2. Begin by entering the names of the Grantors and Grantees in the designated fields. Ensure that both parties are clearly identified.
  3. Specify how the Grantees will hold the property. Choose between Tenants in Common, Joint Tenants with Right of Survivorship, or Tenants by the Entirety based on your relationship status.
  4. Fill in the legal description of the property being transferred. This may require additional documentation, so ensure accuracy.
  5. Complete the signature section for both Grantors, including printed names and dates. Don’t forget to have a notary public witness this section.
  6. Finally, certify the Grantee’s address by filling in their names and addresses accurately before signing.

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Legal Requirements for Adding a Spouse or Partner to a Title A new deed (Quit Claim or Warranty) Signatures from existing titleholder(s) and any spouses, Notarization of the deed. Recording the deed with the county recorders office.
Joint tenancy with right of survivorship (JTWROS) This is often considered the best title vesting for most married couples, but it also applies to family members planning to own a property together.
When there are two names on a title deed, it means that there are joint owners of the property, and each person owns an equal share of the property. The mortgage does not need to include both names to be valid.
Who Benefits the Most from Recording a Warranty Deed? 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.
To add, remove, or change a name on a deed, have a lawyer, title company, or other real estate professional prepare the deed. Then, record the new deed with the Department of Records. Note: We recommend that you do not prepare a deed on your own. We also recommend that you get title insurance.
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Disadvantages of Warranty Deeds Title companies will research the chain of deeds, past court judgments, and unpaid taxes before green-lighting the transfer. The grantor also remains on the hook long after the sale. If a forgotten lien surfaces, the buyer can pull the grantor into court for damages and legal fees.
If a co-owner has outstanding debts, their creditors could seize an interest in your home or bank account. Relationship Issues. Holding an asset jointly can complicate a divorce or other relationship problems. If you have a jointly held bank account, your co-owner could withdraw all of the money without your consent.
Joint tenancy warranty deed If they decide to rent out the home to another individual or if they sell the property, each party is entitled to a 50% share in the profits. But the relationship also means they are equally responsible for paying for the property, including mortgage payments, property taxes and maintenance.

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