[WSBARP] Sale of Interest Deed Question

Richard Holland rich at pnwle.com
Mon Jan 23 11:58:15 PST 2017


S owns property outright.  S is selling 99% ownership in property to B (daughter).  Would it be better to draft Deed "S conveys to B 99%" or to "S conveys to S (as to 1%)& B (as to 99%) as TIC."?  I tend to think the latter is better drafting and makes for a more clear title but I am curious about the opinions of others.  Plan is to use a Special/Limited warranty deed and S is completely willing to pay the REETA.

Sincerely,

Richard L. Holland

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