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Warranty Deed - Husband and Wife to Four Individuals - Maine

Warranty Deed - Husband and Wife to Four Individuals - Maine 2025

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The document is a Warranty Deed form for the State of Maine, intended for use by a husband and wife to transfer property to four individuals as joint tenants with rights of survivorship. It includes instructions for completing the form, a disclaimer regarding the legal effect and completeness of the forms, and sections for signatures and notary acknowledgment. The document emphasizes that it is provided 'as is' without any warranties and advises consulting an attorney for serious legal issues.

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How do I add someone to my deed in Maine?

The only way to add or remove a name on a deed is to have a new deed recorded. Once a document is recorded, it cannot be altered. In order to protect your legal interests, we strongly suggest that you contact an attorney to have this done for you.

Which deed contains the strongest warranty?

The General Warranty Deed A general warranty deed provides the highest level of protection for the buyer because it includes docHub covenants or warranties conveyed by the grantor to the grantee.

Who are the parties involved in warranty deed?

The seller or lender, also known as the grantor, and the buyer or the grantee are the two parties involved in a warranty contract.

What does joint tenants mean in Maine?

Joint Tenancy: a form of co-ownership where property is owned by two or more persons at the same time in equal shares. Each joint owner has an undivided right to possess the whole property and a proportionate right of equal ownership interest.

What is the difference between being joint tenants and tenants in common?

Under joint tenancy, both partners jointly own the whole property, while with tenants-in-common each own a specified share. If couples want to go into more detail beyond the percentages of what they own in the property, they can do this using a trust deed or they can set this out in their will.

Can one person terminate a joint tenancy?

You can give a notice to end the tenancy. You do not need permission from the other tenants.

What is a warranty deed in Alabama?

The Alabama warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.

Which deed has the most protection?

General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.

Warranty Deed - Husband and Wife to Four Individuals - Maine 2025

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