DIY Legal Forms

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Agreement to Convert Tenancy

(by the Entirety to Tenancy in Common)

[date]

1. Parties. [Name and address of joint tenant] and [name and address of joint tenant] hold the Property located at [address, county, state, legal description of property] as joint tenants.

2. Status of Property. The parties agree that from the date of this Agreement, the Property held by them at [address] shall be held by them as follows:

a. [Name] shall hold an undivided ........ percent (........%) interest in [address of property]. His assigns and transfers shall be entitled to all of his right, title, and interest in this Property.

b. [Name] shall hold an undivided ........ percent (........%) interest in [address of property]. His assigns and transfers shall be entitled to all of his right, title, and interest in this Property.

3. Other Instruments. The parties agree to execute and deliver any other instruments necessary to effectuate this Agreement.

IN WITNESS WHEREOF, the parties have set their hands this [date].

[signatures]

[Acknowledgment]

*** If Required By State Law ***

This Section for Notary:

ACKNOWLEDGMENT

State of _________

County of ________ [COUNTY]

On [DATE] before me, [NAME OF NOTARY], notary, personally appeared [NAME OF PERSON(S) INVOLVED], personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

Witness my hand and official seal.

Signature ________
Notary

My commission expires: _____

(Seal)