This Warranty Deed from Individual to Corporation form is a Warranty Deed where the grantor is an individual and the grantee is a corporation. Grantor conveys and warrants the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
Palm Beach Florida Warranty Deed from Individual to Corporation: A Comprehensive Guide Keywords: Palm Beach, Florida, Warranty Deed, Individual, Corporation, types Introduction: A Palm Beach Florida Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real property from an individual (seller) to a corporation (buyer) in Palm Beach County, Florida. This detailed guide aims to provide an overview of this specific type of warranty deed, including its importance, components, and various types. Importance of a Warranty Deed: A warranty deed serves as a critical instrument for transferring real estate ownership rights. By issuing a warranty deed, the individual guarantees that they hold legal ownership of the property and have the right to sell it. This legally binding document provides protection to the corporation by ensuring that the property is free from any legal disputes, liens, or claims. Components of a Palm Beach Florida Warranty Deed: 1. Parties involved: The warranty deed involves two main parties — the individualgranteror) and the corporation (grantee). 2. Legal description: It includes a detailed description of the property being transferred, typically including metes and bounds, lot numbers, subdivision, and county details. 3. Consideration: The monetary value exchanged for the property. 4. Granter's statement: The granter (individual) affirms their legal ownership rights and declares their intent to transfer the property to the corporation. 5. Covenants: The deed includes specific covenants like "Covenant of Basin" (granter possesses legal title and rights to sell) and "Covenant of Quiet Enjoyment" (granter guarantees the grantee won't face disturbances or claims to the property). 6. Signatures: Both the granter and grantee must sign the warranty deed, typically in the presence of witnesses and a notary public. 7. Recording: The completed deed must be recorded with the Palm Beach County Clerk's office to provide notice to the public and legitimize the transfer. Types of Palm Beach Florida Warranty Deeds from Individual to Corporation: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the corporation, as the granter guarantees the property's title against any claims originating from previous owners. 2. Limited Warranty Deed: Here, the granter only guarantees protection against claims that arose during their ownership period. It provides limited protection compared to a general warranty deed. 3. Special Warranty Deed: This type of deed offers protection to the corporation against claims arising only during the granter's ownership, excluding claims before their ownership. 4. Bargain and Sale Deed: This deed transfers the property without explicit warranties. While it conveys ownership, it does not provide any guarantees regarding the granter's title. Conclusion: A Palm Beach Florida Warranty Deed from Individual to Corporation is a crucial document for the legal transfer of real estate ownership rights. Understanding its importance, components, and types will help individuals and corporations navigate the process smoothly and ensure the protection of their property interests in Palm Beach County, Florida.Palm Beach Florida Warranty Deed from Individual to Corporation: A Comprehensive Guide Keywords: Palm Beach, Florida, Warranty Deed, Individual, Corporation, types Introduction: A Palm Beach Florida Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real property from an individual (seller) to a corporation (buyer) in Palm Beach County, Florida. This detailed guide aims to provide an overview of this specific type of warranty deed, including its importance, components, and various types. Importance of a Warranty Deed: A warranty deed serves as a critical instrument for transferring real estate ownership rights. By issuing a warranty deed, the individual guarantees that they hold legal ownership of the property and have the right to sell it. This legally binding document provides protection to the corporation by ensuring that the property is free from any legal disputes, liens, or claims. Components of a Palm Beach Florida Warranty Deed: 1. Parties involved: The warranty deed involves two main parties — the individualgranteror) and the corporation (grantee). 2. Legal description: It includes a detailed description of the property being transferred, typically including metes and bounds, lot numbers, subdivision, and county details. 3. Consideration: The monetary value exchanged for the property. 4. Granter's statement: The granter (individual) affirms their legal ownership rights and declares their intent to transfer the property to the corporation. 5. Covenants: The deed includes specific covenants like "Covenant of Basin" (granter possesses legal title and rights to sell) and "Covenant of Quiet Enjoyment" (granter guarantees the grantee won't face disturbances or claims to the property). 6. Signatures: Both the granter and grantee must sign the warranty deed, typically in the presence of witnesses and a notary public. 7. Recording: The completed deed must be recorded with the Palm Beach County Clerk's office to provide notice to the public and legitimize the transfer. Types of Palm Beach Florida Warranty Deeds from Individual to Corporation: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the corporation, as the granter guarantees the property's title against any claims originating from previous owners. 2. Limited Warranty Deed: Here, the granter only guarantees protection against claims that arose during their ownership period. It provides limited protection compared to a general warranty deed. 3. Special Warranty Deed: This type of deed offers protection to the corporation against claims arising only during the granter's ownership, excluding claims before their ownership. 4. Bargain and Sale Deed: This deed transfers the property without explicit warranties. While it conveys ownership, it does not provide any guarantees regarding the granter's title. Conclusion: A Palm Beach Florida Warranty Deed from Individual to Corporation is a crucial document for the legal transfer of real estate ownership rights. Understanding its importance, components, and types will help individuals and corporations navigate the process smoothly and ensure the protection of their property interests in Palm Beach County, Florida.
