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Preview - Florida Lady Bird Deed Form
Florida Lady Bird Deed Template
This document serves as a template for a Lady Bird Deed in the state of Florida, which allows for the transfer of property while maintaining certain rights.
Grantor(s):
Name: ___________________________
Address: _________________________
City: ____________ State: _________ Zip Code: ___________
Grantee(s):
Name: ___________________________
Address: _________________________
City: ____________ State: _________ Zip Code: ___________
Property Description:
The real property located at: _______________________________
County: ___________________________
Parcel ID: ________________________
Declaration of Retained Rights:
The Grantor shall retain the right to:
- Live on and occupy the property for their lifetime.
- Sell, lease, or mortgage the property without the consent of any Grantee.
- Change, modify, or revoke this deed in the future.
Transfer Upon Death:
Upon the death of the Grantor, the property will automatically transfer to the Grantee(s) listed above.
Signatures:
______________________________ (Grantor)
Date: ___________________________
______________________________ (Witness)
Date: ___________________________
______________________________ (Witness)
Date: ___________________________
Notary Acknowledgment:
State of Florida
County of ________________________
On this _____ day of _______________, 20____, before me appeared the above-named Grantor(s) to me known to be the person(s) described in and who executed the foregoing instrument, and acknowledged that they executed the same freely and voluntarily for the uses and purposes therein mentioned.
_______________________________
Notary Public
My Commission Expires: ____________
Create Other Common Lady Bird Deed Forms for Different States
Michigan Lady Bird Deed - A Lady Bird Deed can offer peace of mind to homeowners concerned about future property management.
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Lady Bird Deed States - The deed is recognized in several states, primarily in the U.S. South and West.
Similar forms
- Transfer on Death Deed (TODD): Similar to a Lady Bird Deed, a TODD allows property owners to transfer their property to beneficiaries upon their death without going through probate. This document also enables the owner to retain full control of the property during their lifetime.
- Florida General Power of Attorney Form: For those needing clear financial management, the essential General Power of Attorney documentation provides the tools necessary to delegate decision-making authority effectively.
- Life Estate Deed: This deed creates a life estate for the property owner, allowing them to live in the property for their lifetime while designating a remainder beneficiary who will receive the property after the owner's death. Like the Lady Bird Deed, it can help avoid probate.
- Quitclaim Deed: A quitclaim deed transfers whatever interest the grantor has in the property without any warranties. While it’s less comprehensive than a Lady Bird Deed, it can be used to transfer property quickly and easily, often between family members.
- Warranty Deed: This document provides a guarantee that the grantor holds clear title to the property and has the right to sell it. While it does not serve the same purpose as a Lady Bird Deed, it ensures the buyer is protected against future claims.
- Joint Tenancy Deed: This deed allows two or more people to own property together, with rights of survivorship. When one owner passes away, their share automatically transfers to the surviving owners, similar to how a Lady Bird Deed facilitates a smooth transfer of property upon death.
- Revocable Living Trust: A revocable living trust allows individuals to place their assets into a trust during their lifetime. This can help avoid probate and provide control over asset distribution, much like the Lady Bird Deed.
- Beneficiary Designation: This document allows individuals to name beneficiaries for certain assets, such as bank accounts or retirement plans. While it does not apply to real estate, it serves a similar purpose in simplifying the transfer of assets upon death.
- Power of Attorney: A power of attorney grants someone the authority to make decisions on behalf of another person. While it does not directly transfer property, it can enable the agent to manage and transfer property, providing a level of control akin to what a Lady Bird Deed offers.