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Click ‘Get Form’ to open the Warranty Deed in the editor.
Begin by entering the Grantor's name and address in the designated fields. Ensure accuracy as this identifies the current property owner.
Next, input the names of the Grantees. You will need to provide three individuals' names, ensuring they are listed correctly as per your agreement.
Indicate how the Grantees will hold the property by selecting either 'Tenants in Common' or 'Joint Tenants with Right of Survivorship'. This is crucial for determining ownership rights.
Fill in the property description, including its address and any legal descriptions required. Attach Exhibit A if necessary for detailed specifications.
Finally, have the Grantor sign and date the document. Ensure a Notary Public witnesses this signature for it to be legally binding.

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How do you add someone to a warranty deed?

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.

How do you add someone to a deed in Maine?

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.

How many people can be named on deeds?

You can have up to four joint owners of a property whose names will show on the register held by the Land Registry. If there are more than four legal owners, then the extent of their ownership should be recorded in a separate document (a declaration of trust).

Can you add multiple people to a deed?

The best way is to create a new deed listing all of the owners as joint tenants with rights of survivorship. If you simply add someone to your current deed, they become a co-owner, but they may not have rights of survivorship, and the property may still need to go through probate.