This form is a General Warranty Deed where the Grantors are four (4) individuals and the Grantees are two individuals. Grantors convey and generally warrant the described property to the Grantees. This deed complies with all state statutory laws.
A Charlotte North Carolina Warranty Deed from Four Individuals to Two Individuals is a legally binding document that transfers ownership of real property from four individuals to two individuals. This type of deed provides a guarantee, or warranty, that the property is free of any encumbrances or title defects, and that the sellers have the legal right to transfer the property. There are different types of warranty deeds that can be used in Charlotte, North Carolina, each offering varying degrees of protection for the buyers. The most common types include general warranty deeds, special warranty deeds, and limited warranty deeds. A general warranty deed provides the highest level of protection for the buyers. It guarantees that the sellers have clear and marketable title to the property, meaning that they are the rightful owners and have the legal right to sell it. Additionally, the general warranty deed guarantees that the property is free from any undisclosed encumbrances or title defects, even if they existed before the sellers acquired the property. The sellers also promise to defend the buyers against any claims or legal actions related to the property's title. A special warranty deed, on the other hand, offers a more limited guarantee. The sellers only warrant against title defects and encumbrances that occurred during their ownership of the property. They do not provide any warranties or guarantees for any claims or issues that may have existed before they acquired the property. A limited warranty deed, also known as a special warranty deed with disclosure limitations, offers even less protection for the buyers. The sellers only guarantee that they have not created any title defects during their ownership, but they do not make any warranties or guarantees for any issues or claims that may have existed before their ownership. In a Charlotte North Carolina Warranty Deed from Four Individuals to Two Individuals, the deed will mention the names of all four sellers and the two buyers. It will include a legal description of the property being transferred, which provides specific details such as the lot of number, boundaries, and dimensions. Additionally, the deed will include any relevant covenants, restrictions, or easements that may affect the use or enjoyment of the property. The deed will be signed and notarized by all four sellers, confirming their intent to transfer the property. It will then be recorded in the county where the property is located, which serves as public notice of the transfer and establishes the buyers' ownership rights. Overall, a Charlotte North Carolina Warranty Deed from Four Individuals to Two Individuals is a crucial legal document that ensures a smooth and lawful transfer of real property. It provides assurance to the buyers that they are receiving a property with clear title and protection against any future claims or issues.A Charlotte North Carolina Warranty Deed from Four Individuals to Two Individuals is a legally binding document that transfers ownership of real property from four individuals to two individuals. This type of deed provides a guarantee, or warranty, that the property is free of any encumbrances or title defects, and that the sellers have the legal right to transfer the property. There are different types of warranty deeds that can be used in Charlotte, North Carolina, each offering varying degrees of protection for the buyers. The most common types include general warranty deeds, special warranty deeds, and limited warranty deeds. A general warranty deed provides the highest level of protection for the buyers. It guarantees that the sellers have clear and marketable title to the property, meaning that they are the rightful owners and have the legal right to sell it. Additionally, the general warranty deed guarantees that the property is free from any undisclosed encumbrances or title defects, even if they existed before the sellers acquired the property. The sellers also promise to defend the buyers against any claims or legal actions related to the property's title. A special warranty deed, on the other hand, offers a more limited guarantee. The sellers only warrant against title defects and encumbrances that occurred during their ownership of the property. They do not provide any warranties or guarantees for any claims or issues that may have existed before they acquired the property. A limited warranty deed, also known as a special warranty deed with disclosure limitations, offers even less protection for the buyers. The sellers only guarantee that they have not created any title defects during their ownership, but they do not make any warranties or guarantees for any issues or claims that may have existed before their ownership. In a Charlotte North Carolina Warranty Deed from Four Individuals to Two Individuals, the deed will mention the names of all four sellers and the two buyers. It will include a legal description of the property being transferred, which provides specific details such as the lot of number, boundaries, and dimensions. Additionally, the deed will include any relevant covenants, restrictions, or easements that may affect the use or enjoyment of the property. The deed will be signed and notarized by all four sellers, confirming their intent to transfer the property. It will then be recorded in the county where the property is located, which serves as public notice of the transfer and establishes the buyers' ownership rights. Overall, a Charlotte North Carolina Warranty Deed from Four Individuals to Two Individuals is a crucial legal document that ensures a smooth and lawful transfer of real property. It provides assurance to the buyers that they are receiving a property with clear title and protection against any future claims or issues.
