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Form #936

To Joint Tenants

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Free Legal Form to Joint Tenants
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To joint tenants.

Know all men by these presents, that _________, of _________, grantor—, in consideration of _________ dollars in hand paid, do— hereby grant, bargain, sell, convey and confirm unto _________ and _________, of _________, grantees, as joint tenants, and not as tenants in common, the following-described real estate, situated in the county of _________ and state of _________, to wit: _________.

Together with all the tenements, hereditaments and appurtenances to the same belonging, and all the estate, title, dower, right of homestead, claim or demand whatsoever of grantor—, of, in or to the same, or any part thereof; subject to _________.

It being the intention of all parties hereto, that in the event of the death of either of said grantees, the entire fee simple title to the real estate described herein shall vest in the surviving grantee.

To have and to hold the above-described premises, with the appurtenances, unto the said grantees as joint tenants, and not as tenants in common, and to their assigns, or to the— heirs and assigns of the survivor of them, forever, and _________ the grantor— named herein for _________ and _________ heirs, executors, and administrators, do covenant with the grantees named herein and with their assigns, and with the heirs and assigns of the survivor of them, that _________ is lawfully seised of said premises, that they are free from encumbrance except as stated herein, that _________ grantor— have good right and lawful authority to sell the same, and that _________ will and _________ heirs, executors and administrators shall warrant and defend the same unto the grantees named herein and unto their assigns and unto the heirs and assigns of the survivor of them, forever, against the lawful claims of all persons whomsoever, excluding the exceptions named herein.

In witness whereof, etc.



 
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These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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Comments
submitted 12/8/2008
by DavidMarshall  
"There are two ways in which two or more people may hold title to land. The first is called a tenancy in common where the parties hold a defined share in their own right. So, for example, if two people own land, each one may separately leave his or her interest in a will. The second is called a joint tenancy where the parties hold title in equal but unascertained shares. This is subject to the right of survivorship, i.e. if one dies, the other automatically inherits the land. This makes joint tenancy the more usual form of ownership for married couples or those in stable relationships. Before you buy land, you should always discuss the legal implications of the two forms with a legal advisor to make sure you make the right decision for you."
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