This Warranty Deed from Corporation to Corporation form is a Warranty Deed where the Grantor is a corporation 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 Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A South Fulton Georgia Warranty Deed from Corporation to Corporation is a legal document used to transfer ownership of real property from one corporation to another in the South Fulton, Georgia area. This type of deed ensures that the transferring corporation guarantees clear title and protects the receiving corporation from any possible future claims or defects in the property's ownership. In this specific context, a "Warranty Deed" refers to a type of deed that guarantees the ownership of the property being transferred. The term "from Corporation to Corporation" indicates that this deed is being used for inter-corporate real estate transactions, where one corporation is transferring ownership rights to another corporation. The South Fulton Georgia Warranty Deed from Corporation to Corporation contains several important elements to provide a secure transaction. These elements may include: 1. Granter and Grantee Identification: The deed identifies the corporation transferring the property (granter) and the corporation receiving the property (grantee). Their legal names, addresses, and other pertinent details are included. 2. Property Description: The deed provides a detailed description of the property being transferred. This includes the property's physical address, boundaries, lot numbers, and any other vital information that accurately identifies the location. 3. Warranty and Covenants: This deed offers warranties to protect the grantee, ensuring the title's validity and guaranteeing that the granter has full legal authority to transfer the property. It also includes covenants against encumbrances, meaning that the granter guarantees the property is free from liens or other claims that would hinder the grantee's ownership rights. 4. Consideration and Notarization: The deed states the consideration (usually monetary) exchanged for the property, demonstrating the transfer's legality. Additionally, the deed requires notarization to validate its execution. Different types of South Fulton Georgia Warranty Deed from Corporation to Corporation may include variations like: 1. General Warranty Deed: This type of deed provides the broadest protection to the grantee, assuring that the granter will defend the title against any and all claims, even if they arose before the granter acquired the property. 2. Special Warranty Deed: The special warranty deed limits the granter's liability by only guaranteeing the title against claims that arise during the granter's ownership of the property. It does not offer protection against any claims or encumbrances that existed before the granter acquired the property. 3. Quitclaim Deed: While not strictly a type of warranty deed, a quitclaim deed is also commonly used in South Fulton, Georgia. It transfers any interest or claim the granter may have in the property to the grantee. However, it does not guarantee the granter's ownership rights or protect the grantee from any potential claims or defects in the property's title. In conclusion, a South Fulton Georgia Warranty Deed from Corporation to Corporation is a legal document used to transfer property ownership between corporations in South Fulton, Georgia, ensuring clear title and protection against future claims or defects. Different types of warranty deeds include the general warranty deed, special warranty deed, and quitclaim deed.A South Fulton Georgia Warranty Deed from Corporation to Corporation is a legal document used to transfer ownership of real property from one corporation to another in the South Fulton, Georgia area. This type of deed ensures that the transferring corporation guarantees clear title and protects the receiving corporation from any possible future claims or defects in the property's ownership. In this specific context, a "Warranty Deed" refers to a type of deed that guarantees the ownership of the property being transferred. The term "from Corporation to Corporation" indicates that this deed is being used for inter-corporate real estate transactions, where one corporation is transferring ownership rights to another corporation. The South Fulton Georgia Warranty Deed from Corporation to Corporation contains several important elements to provide a secure transaction. These elements may include: 1. Granter and Grantee Identification: The deed identifies the corporation transferring the property (granter) and the corporation receiving the property (grantee). Their legal names, addresses, and other pertinent details are included. 2. Property Description: The deed provides a detailed description of the property being transferred. This includes the property's physical address, boundaries, lot numbers, and any other vital information that accurately identifies the location. 3. Warranty and Covenants: This deed offers warranties to protect the grantee, ensuring the title's validity and guaranteeing that the granter has full legal authority to transfer the property. It also includes covenants against encumbrances, meaning that the granter guarantees the property is free from liens or other claims that would hinder the grantee's ownership rights. 4. Consideration and Notarization: The deed states the consideration (usually monetary) exchanged for the property, demonstrating the transfer's legality. Additionally, the deed requires notarization to validate its execution. Different types of South Fulton Georgia Warranty Deed from Corporation to Corporation may include variations like: 1. General Warranty Deed: This type of deed provides the broadest protection to the grantee, assuring that the granter will defend the title against any and all claims, even if they arose before the granter acquired the property. 2. Special Warranty Deed: The special warranty deed limits the granter's liability by only guaranteeing the title against claims that arise during the granter's ownership of the property. It does not offer protection against any claims or encumbrances that existed before the granter acquired the property. 3. Quitclaim Deed: While not strictly a type of warranty deed, a quitclaim deed is also commonly used in South Fulton, Georgia. It transfers any interest or claim the granter may have in the property to the grantee. However, it does not guarantee the granter's ownership rights or protect the grantee from any potential claims or defects in the property's title. In conclusion, a South Fulton Georgia Warranty Deed from Corporation to Corporation is a legal document used to transfer property ownership between corporations in South Fulton, Georgia, ensuring clear title and protection against future claims or defects. Different types of warranty deeds include the general warranty deed, special warranty deed, and quitclaim deed.