Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy - Maryland 2025

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You can sell as a warranty deed but this means you are warranting clean title and the buyer can come back to you, you should only provide a warranty deed if theres a title company/title insurance being purchased.
Understanding Tenants in Common Ownership Unlike joint tenancy with rights of survivorship, the portion owned can be sold, conveyed, or encumbered without the consent of the other owners. Each owner can even leave their share of the property to any beneficiary upon their death.
A special warranty deed is common when a house has been foreclosed on by a bank because the previous owner did not pay their mortgage. The bank forecloses on the property and then sells it to a new buyer.
Tenancy by the Entirety Each spouse owns an undivided interest in the real property, and there is a right of survivorship. Maryland has a presumption that property held by a married couple is held as tenants by the entireties. The presumption applies to property acquired by the married couple.
Joint tenancy is a form of co-ownership where two or more individuals share equal ownership rights to a property. Each owner has an undivided interest in the property, and if one owner passes away, their share automatically transfers to the surviving owner(s).
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The main disadvantages include limited protection for buyers, who may inherit claims or issues from before the sellers ownership. Buyers must investigate the propertys history, which could lead to unexpected costs or unresolved liens.
Special warranty deed The grantor is warranting that the title is good only during the time the grantor owned the property. There are no assurances that the previous owners title was free of defects. This is the most commonly used type of deed in Maryland.

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