Raleigh North Carolina General Warranty Deed - Trust to Individual

State:
North Carolina
City:
Raleigh
Control #:
NC-024-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a General Warranty Deed where the Grantor is a Trust and the Grantee is an Individual. Grantor conveys and generallys warrant the described property to the Grantee. This deed complies with all state statutory laws.

Raleigh North Carolina General Warranty Deed — Trust to Individual is a legal document that serves as evidence of transferring ownership of real property from a trust to an individual in Raleigh, North Carolina. This deed provides a guarantee that the property is free from any undisclosed claims or encumbrances. A General Warranty Deed is a commonly used type of deed for property transfers, ensuring the highest level of protection to the buyer. It offers the broadest range of warranties from the granter (the trust) to the grantee (the individual), guaranteeing that the granter has valid title to the property and has the right to sell it. In Raleigh, North Carolina, there are various types of General Warranty Deed — Trust to Individual that cater to specific circumstances and needs. These include: 1. General Warranty Deed with Survivorship Rights: This type of deed is commonly used when property is jointly owned by multiple individuals or spouses. In the event of the death of one owner, the property automatically passes to the surviving owner(s) outside of probate. 2. General Warranty Deed with Specific Limitations: This variation of the deed includes specific limitations or conditions imposed by the granter on the use or transfer of the property. These limitations may involve restrictions on land use, building regulations, or homeowner association rules. 3. General Warranty Deed with Cost of Survey Provision: When the exact property boundaries or land measurements are uncertain, this type of deed includes a provision that requires the grantee to pay for a professional survey to determine the accurate size and dimensions of the property. 4. General Warranty Deed with Right of Redemption: In certain situations, when the property being transferred has faced foreclosure or tax sale proceedings, this type of deed allows the granter (trust) a specified period to redeem the property by paying off the outstanding debt or taxes. It is important to consult with a qualified real estate attorney or legal professional to ensure the appropriate type of General Warranty Deed — Trust to Individual is chosen, considering the specific circumstances and requirements of the property transfer in Raleigh, North Carolina.

Raleigh North Carolina General Warranty Deed — Trust to Individual is a legal document that serves as evidence of transferring ownership of real property from a trust to an individual in Raleigh, North Carolina. This deed provides a guarantee that the property is free from any undisclosed claims or encumbrances. A General Warranty Deed is a commonly used type of deed for property transfers, ensuring the highest level of protection to the buyer. It offers the broadest range of warranties from the granter (the trust) to the grantee (the individual), guaranteeing that the granter has valid title to the property and has the right to sell it. In Raleigh, North Carolina, there are various types of General Warranty Deed — Trust to Individual that cater to specific circumstances and needs. These include: 1. General Warranty Deed with Survivorship Rights: This type of deed is commonly used when property is jointly owned by multiple individuals or spouses. In the event of the death of one owner, the property automatically passes to the surviving owner(s) outside of probate. 2. General Warranty Deed with Specific Limitations: This variation of the deed includes specific limitations or conditions imposed by the granter on the use or transfer of the property. These limitations may involve restrictions on land use, building regulations, or homeowner association rules. 3. General Warranty Deed with Cost of Survey Provision: When the exact property boundaries or land measurements are uncertain, this type of deed includes a provision that requires the grantee to pay for a professional survey to determine the accurate size and dimensions of the property. 4. General Warranty Deed with Right of Redemption: In certain situations, when the property being transferred has faced foreclosure or tax sale proceedings, this type of deed allows the granter (trust) a specified period to redeem the property by paying off the outstanding debt or taxes. It is important to consult with a qualified real estate attorney or legal professional to ensure the appropriate type of General Warranty Deed — Trust to Individual is chosen, considering the specific circumstances and requirements of the property transfer in Raleigh, North Carolina.

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Raleigh North Carolina General Warranty Deed - Trust to Individual