A Raleigh North Carolina General Warranty Deed from Corporation to Two Individuals is a legal document that transfers ownership of a property from a corporation to two individuals while providing a guarantee or warranty to the new owners. This type of deed is commonly used in real estate transactions in Raleigh, North Carolina, where a corporation is the seller and two individuals are the buyers. The deed ensures that the corporation holds clear and valid title to the property and will defend the title against any claims or challenges. The general warranty deed offers the highest level of protection to the new owners as it includes several covenants or promises. These covenants include the covenant of basin, which guarantees that the corporation is the rightful owner of the property and has the right to sell it. The covenant of quiet enjoyment assures the buyers that they will have undisturbed possession of the property without any third-party claims. The covenant of further assurance guarantees that the corporation will take any necessary actions to perfect the title. In Raleigh, North Carolina, there are various types of General Warranty Deeds from Corporation to Two Individuals that may be used based on the specific circumstances of the property transfer. These variations include: 1. Raleigh North Carolina General Warranty Deed from Corporation to Two Individuals with Reservation of Mineral Rights: This type of deed transfers the surface rights of the property to the individuals while reserving the mineral rights, such as oil, gas, or minerals, for the corporation. It ensures that the buyers have full ownership of the property while allowing the corporation to retain the valuable mineral rights. 2. Raleigh North Carolina General Warranty Deed from Corporation to Two Individuals with Restrictive Covenants: This variation of the deed includes additional restrictions or conditions that the buyers must abide by. These restrictive covenants can cover a range of factors such as property usage, building restrictions, or maintaining the aesthetics of the surrounding area. 3. Raleigh North Carolina General Warranty Deed from Corporation to Two Individuals with Easements: In certain cases, there might be existing easements on the property, which allow other individuals or entities to have certain rights to access or use a portion of the property. This type of deed identifies and transfers these easements to the new owners, ensuring they have a clear understanding of any existing obligations. It is essential to consult with a qualified attorney or real estate professional when dealing with a Raleigh North Carolina General Warranty Deed from Corporation to Two Individuals. This will help ensure compliance with local laws and regulations and provide a comprehensive understanding of the specific details of the property transfer.