A Cary North Carolina General Warranty Deed is a legal document used to transfer property ownership from a corporation to two individuals. This type of deed provides a guarantee that the corporation has the legal right to transfer the property and ensures that the individuals receiving the property have clear ownership. It also guarantees that the property is free from any encumbrances or title defects, and that the corporation will defend the individuals against any future claims. In Cary, North Carolina, there are several variations of the General Warranty Deed from Corporation to Two Individuals. These may include: 1. Joint Tenancy Deed: This type of deed grants equal rights and ownership shares to both individuals, and in the event of one person's death, the surviving individual automatically inherits the deceased person's share of the property. 2. Tenants in Common Deed: With this type of deed, both individuals have the right to a specific portion or percentage of the property, which is not necessarily equal. If one person passes away, their share of the property will be distributed based on their will or North Carolina intestate laws. 3. Tenancy by the Entirety Deed: This deed is specifically available for married couples in North Carolina. It ensures that the property is co-owned by both individuals, and if one spouse dies, the surviving spouse automatically becomes the sole owner of the property. The Cary North Carolina General Warranty Deed from Corporation to Two Individuals is an essential legal document that ensures a smooth and secure transfer of property rights. It provides peace of mind to the individuals receiving the property by guaranteeing their ownership rights and protecting them against any potential claims or defects in the title.
Cary North Carolina General Warranty Deed from Corporation to Two Individuals
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How to fill out Cary North Carolina General Warranty Deed From Corporation To Two Individuals?
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