Charlotte North Carolina General Warranty Deed from Corporation to Two Individuals

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• City: Charlotte
• Control #: NC-014-78
• Format: Word; Rich Text

Description

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. A Charlotte North Carolina General Warranty Deed from Corporation to Two Individuals is a legal document that transfers ownership of real estate property from a corporation to two individuals. This type of deed guarantees the transfer of title is free from any claims or encumbrances, and the corporation warrants that it has the lawful authority to convey the property. The deed includes essential information such as the names of the corporation as the granter, the two individuals as the grantees, and a clear description of the property being transferred. The property description should be detailed enough to accurately identify the boundaries and location of the land. There are various types of Charlotte North Carolina General Warranty Deeds from Corporation to Two Individuals, each serving different purposes: 1. Special Warranty Deed: This deed guarantees that the corporation owns the property and has the right to sell it. However, it only protects against claims that arose during the corporation's ownership and not claims from previous owners. 2. Quitclaim Deed: This type of deed does not provide any warranties or guarantees. It merely transfers any interest or claim that the corporation may have in the property to the two individuals. It does not guarantee the absence of any liens, encumbrances, or defects in title. 3. Bargain and Sale Deed: This deed transfers ownership of the property without providing any warranties or guarantees. It implies that the corporation has the right to sell the property, but it does not protect against any claims or encumbrances. Regardless of the specific type of General Warranty Deed used, it is crucial for both the corporation and the two individuals to ensure that the deed is properly executed, notarized, and recorded in the appropriate county office. This final step of recording the deed ensures that the transfer of ownership is legally binding and properly documented.

A Charlotte North Carolina General Warranty Deed from Corporation to Two Individuals is a legal document that transfers ownership of real estate property from a corporation to two individuals. This type of deed guarantees the transfer of title is free from any claims or encumbrances, and the corporation warrants that it has the lawful authority to convey the property. The deed includes essential information such as the names of the corporation as the granter, the two individuals as the grantees, and a clear description of the property being transferred. The property description should be detailed enough to accurately identify the boundaries and location of the land. There are various types of Charlotte North Carolina General Warranty Deeds from Corporation to Two Individuals, each serving different purposes: 1. Special Warranty Deed: This deed guarantees that the corporation owns the property and has the right to sell it. However, it only protects against claims that arose during the corporation's ownership and not claims from previous owners. 2. Quitclaim Deed: This type of deed does not provide any warranties or guarantees. It merely transfers any interest or claim that the corporation may have in the property to the two individuals. It does not guarantee the absence of any liens, encumbrances, or defects in title. 3. Bargain and Sale Deed: This deed transfers ownership of the property without providing any warranties or guarantees. It implies that the corporation has the right to sell the property, but it does not protect against any claims or encumbrances. Regardless of the specific type of General Warranty Deed used, it is crucial for both the corporation and the two individuals to ensure that the deed is properly executed, notarized, and recorded in the appropriate county office. This final step of recording the deed ensures that the transfer of ownership is legally binding and properly documented.