This Warranty Deed from Corporation to Two Individuals form is a Warranty Deed where the Grantor is a corporation and the Grantees are two individuals. Grantors conveys and warrants the described property to Grantees 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.
Description: A Sandy Springs Georgia Warranty Deed from Corporation to Two Individuals is a legal document that transfers the ownership of a property from a corporation to two individual owners. This type of deed ensures that the property is conveyed with a guarantee of clear title and protection against any claims or liens. The process begins when a corporation, acting as the granter, decides to transfer ownership of a property to two individuals, the grantees. The corporation, being the current owner of the property, affirmatively represents that it has clear title and the right to transfer the property. The key terms and provisions included in this warranty deed are: 1. Granter and Grantees: The names and addresses of both the corporation (granter) and the two individuals (grantees) must be clearly stated in the document. 2. Property Description: A detailed description of the property being transferred, including its legal description, address, and any relevant identifiers, such as lot numbers or subdivision name, is included to precisely identify the property. 3. Consideration: The monetary value or other form of consideration exchanged between the corporation and the grantees for the property transfer must be clearly mentioned in the deed. 4. Warranty Clause: This clause in the deed guarantees that the granter corporation holds clear title to the property and has the authority to transfer it. It also promises that the property is free from any undisclosed liens, back taxes or encumbrances. 5. Covenants: The warranty deed may include various covenants further protecting the grantees, such as the Covenant of General Warranty, which provides the broadest protection, and the Covenant of Basin, ensuring that the granter has lawful possession of the property. 6. Execution and Notary Acknowledgment: The document must be executed by an authorized representative of the corporation and properly notarized to make it legally binding. Different types of Sandy Springs Georgia Warranty Deed from Corporation to Two Individuals may include variations in additional clauses, covenants, or special provisions tailored to the specific needs of the parties involved or peculiar property characteristics. For example, a deed may include specific warranties regarding the property's condition or compliance with local zoning ordinances. In summary, a Sandy Springs Georgia Warranty Deed from Corporation to Two Individuals is a legal document that transfers property ownership with a guarantee of clear title from a corporation to two individual owners. It provides protection and assurance to the grantees against any potential issues with the property's title.Description: A Sandy Springs Georgia Warranty Deed from Corporation to Two Individuals is a legal document that transfers the ownership of a property from a corporation to two individual owners. This type of deed ensures that the property is conveyed with a guarantee of clear title and protection against any claims or liens. The process begins when a corporation, acting as the granter, decides to transfer ownership of a property to two individuals, the grantees. The corporation, being the current owner of the property, affirmatively represents that it has clear title and the right to transfer the property. The key terms and provisions included in this warranty deed are: 1. Granter and Grantees: The names and addresses of both the corporation (granter) and the two individuals (grantees) must be clearly stated in the document. 2. Property Description: A detailed description of the property being transferred, including its legal description, address, and any relevant identifiers, such as lot numbers or subdivision name, is included to precisely identify the property. 3. Consideration: The monetary value or other form of consideration exchanged between the corporation and the grantees for the property transfer must be clearly mentioned in the deed. 4. Warranty Clause: This clause in the deed guarantees that the granter corporation holds clear title to the property and has the authority to transfer it. It also promises that the property is free from any undisclosed liens, back taxes or encumbrances. 5. Covenants: The warranty deed may include various covenants further protecting the grantees, such as the Covenant of General Warranty, which provides the broadest protection, and the Covenant of Basin, ensuring that the granter has lawful possession of the property. 6. Execution and Notary Acknowledgment: The document must be executed by an authorized representative of the corporation and properly notarized to make it legally binding. Different types of Sandy Springs Georgia Warranty Deed from Corporation to Two Individuals may include variations in additional clauses, covenants, or special provisions tailored to the specific needs of the parties involved or peculiar property characteristics. For example, a deed may include specific warranties regarding the property's condition or compliance with local zoning ordinances. In summary, a Sandy Springs Georgia Warranty Deed from Corporation to Two Individuals is a legal document that transfers property ownership with a guarantee of clear title from a corporation to two individual owners. It provides protection and assurance to the grantees against any potential issues with the property's title.