Cary North Carolina General Warranty Deed from Individual to Individual

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• City: Cary
• Control #: NC-02-78
• Format: Word; Rich Text

Description

This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. 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 Cary North Carolina General Warranty Deed from Individual to Individual is a legal document that transfers ownership of real property from one person (the granter) to another (the grantee). This type of deed provides the highest level of protection to the grantee, guaranteeing that the property is free from any claims or encumbrances except those explicitly stated in the deed. The deed includes various elements such as the names and addresses of the granter and grantee, a legal description of the property being transferred, and the purchase price or consideration paid for the property. It also outlines the warranties made by the granter, including the covenant of basin (ensuring that the granter has lawful ownership of the property), the covenant against encumbrances (stating that there are no liens or claims against the property), the covenant of quiet enjoyment (promising that the grantee's ownership will not be disturbed by a third party's claim), the covenant of further assurance (allowing the grantee to request additional documentation if needed), and the general warranty clause (binding the granter to defend the grantee against any future claims). Additionally, there are different types of Cary North Carolina General Warranty Deeds from Individual to Individual, each serving a specific purpose or scenario. These variations include: 1. Special Warranty Deed: This type of deed provides a limited warranty, typically covering only the time during which the granter owned the property. It guarantees that the granter has not encumbered the property but does not protect against claims predating their ownership. 2. Quitclaim Deed: Unlike a general warranty deed, a quitclaim deed offers no warranties or guarantees regarding the property's title. It simply transfers the granter's interest, if any, in the property to the grantee. 3. Executor's Deed: This deed is used when property is being transferred by an executor or administrator of an estate after the owner's death. It guarantees the grantee's ownership and protects against any claims arising from the deceased owner's actions. Overall, a Cary North Carolina General Warranty Deed from Individual to Individual is a legally binding document that ensures the grantee's protection and ownership rights in a property transfer. It provides comprehensive warranties and guarantees against any claims or encumbrances, making it the most secure type of deed for the grantee.

A Cary North Carolina General Warranty Deed from Individual to Individual is a legal document that transfers ownership of real property from one person (the granter) to another (the grantee). This type of deed provides the highest level of protection to the grantee, guaranteeing that the property is free from any claims or encumbrances except those explicitly stated in the deed. The deed includes various elements such as the names and addresses of the granter and grantee, a legal description of the property being transferred, and the purchase price or consideration paid for the property. It also outlines the warranties made by the granter, including the covenant of basin (ensuring that the granter has lawful ownership of the property), the covenant against encumbrances (stating that there are no liens or claims against the property), the covenant of quiet enjoyment (promising that the grantee's ownership will not be disturbed by a third party's claim), the covenant of further assurance (allowing the grantee to request additional documentation if needed), and the general warranty clause (binding the granter to defend the grantee against any future claims). Additionally, there are different types of Cary North Carolina General Warranty Deeds from Individual to Individual, each serving a specific purpose or scenario. These variations include: 1. Special Warranty Deed: This type of deed provides a limited warranty, typically covering only the time during which the granter owned the property. It guarantees that the granter has not encumbered the property but does not protect against claims predating their ownership. 2. Quitclaim Deed: Unlike a general warranty deed, a quitclaim deed offers no warranties or guarantees regarding the property's title. It simply transfers the granter's interest, if any, in the property to the grantee. 3. Executor's Deed: This deed is used when property is being transferred by an executor or administrator of an estate after the owner's death. It guarantees the grantee's ownership and protects against any claims arising from the deceased owner's actions. Overall, a Cary North Carolina General Warranty Deed from Individual to Individual is a legally binding document that ensures the grantee's protection and ownership rights in a property transfer. It provides comprehensive warranties and guarantees against any claims or encumbrances, making it the most secure type of deed for the grantee.