Cary North Carolina General Warranty Deed from Husband and Wife to Corporation

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• City: Cary
• Control #: NC-08-78
• Format: Word; Rich Text

Description

This Warranty Deed from Husband and Wife to Corporation form is a Warranty Deed where the grantors are husband and wife and the grantee is a corporation. Grantors warrant and convey the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. A Cary North Carolina General Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of real estate property located in Cary, North Carolina, from a married couple to a corporation. This type of deed ensures that the granter, the husband and wife, guarantees to the grantee, the corporation, that the property title is free from any defects or claims against it. The deed provides the corporation with full ownership rights, allowing them to possess, use, and sell the property as they see fit. Keywords: Cary, North Carolina, general warranty deed, husband and wife, corporation, legal document, transfers ownership, real estate property, ownership rights, defects, claims. Types of Cary North Carolina General Warranty Deed: 1. Individual Husband and Wife to Corporation: This type of deed is used when a married couple, as individuals, transfer ownership of their jointly owned property to a corporation. It signifies a binding agreement between the couple and the corporation, providing the corporation with full ownership rights. 2. Joint Tenants with Rights of Survivorship to Corporation: In this case, the husband and wife own the property as joint tenants with rights of survivorship. In the event of death, the surviving spouse automatically inherits the deceased spouse's share. However, if they decide to transfer the property to a corporation, they would use this type of deed to ensure the corporation receives the full ownership rights. 3. Tenants in Common to Corporation: This type of deed is applicable when the husband and wife own the property as tenants in common, meaning they each have a distinct, separate share of the property. By transferring their respective shares to a corporation, they use this deed to complete the ownership transfer. 4. Community Property to Corporation: If the property in question is considered community property, which is typically the case in states like North Carolina, a general warranty deed from husband and wife to a corporation can be used to transfer the property's ownership to the corporation. In all the above variations, it is essential for the husband and wife to seek legal advice and have the deed properly prepared and executed to ensure a valid and legally binding transfer of ownership from them to the corporation.

A Cary North Carolina General Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of real estate property located in Cary, North Carolina, from a married couple to a corporation. This type of deed ensures that the granter, the husband and wife, guarantees to the grantee, the corporation, that the property title is free from any defects or claims against it. The deed provides the corporation with full ownership rights, allowing them to possess, use, and sell the property as they see fit. Keywords: Cary, North Carolina, general warranty deed, husband and wife, corporation, legal document, transfers ownership, real estate property, ownership rights, defects, claims. Types of Cary North Carolina General Warranty Deed: 1. Individual Husband and Wife to Corporation: This type of deed is used when a married couple, as individuals, transfer ownership of their jointly owned property to a corporation. It signifies a binding agreement between the couple and the corporation, providing the corporation with full ownership rights. 2. Joint Tenants with Rights of Survivorship to Corporation: In this case, the husband and wife own the property as joint tenants with rights of survivorship. In the event of death, the surviving spouse automatically inherits the deceased spouse's share. However, if they decide to transfer the property to a corporation, they would use this type of deed to ensure the corporation receives the full ownership rights. 3. Tenants in Common to Corporation: This type of deed is applicable when the husband and wife own the property as tenants in common, meaning they each have a distinct, separate share of the property. By transferring their respective shares to a corporation, they use this deed to complete the ownership transfer. 4. Community Property to Corporation: If the property in question is considered community property, which is typically the case in states like North Carolina, a general warranty deed from husband and wife to a corporation can be used to transfer the property's ownership to the corporation. In all the above variations, it is essential for the husband and wife to seek legal advice and have the deed properly prepared and executed to ensure a valid and legally binding transfer of ownership from them to the corporation.