Queens New York Warranty Deed from Individual to Corporation

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• County: Queens
• Control #: NY-06-78
• Format: Word; Rich Text

Description

This Warranty Deed from Individual to Corporation form is a Warranty Deed where the grantor is an individual and the grantee is a corporation. Grantor conveys and warrants the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. A Queens New York Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real property from an individual to a corporation in Queens, New York. This type of deed ensures that the individual granting the deed has full legal rights and authority to sell and transfer the property, and provides a guarantee (or warranty) that the property is free from any liens, encumbrances, or claims. The Queens New York Warranty Deed from Individual to Corporation is an essential document for companies that are looking to acquire real estate or for individuals who wish to transfer ownership of their property to a corporate entity. By executing this deed, the corporation becomes the new owner of the property, assuming all rights and responsibilities associated with it. There may be various types or variations of Queens New York Warranty Deed from Individual to Corporation, depending on specific circumstances or conditions. Some of these types may include: 1. General Warranty Deed: This type of deed provides the highest level of protection for the corporation. The granter assures that they hold clear title to the property and will defend the title against any claims or disputes that may arise. 2. Special Warranty Deed: A special warranty deed offers similar assurances as a general warranty deed but limits the warranty to claims arising only during the granter's ownership period. This means that the granter is not responsible for any title issues that may have existed before they acquired the property. 3. Limited Warranty Deed: This type of deed provides a limited warranty to the grantee, typically only covering defects or claims made by the granter or anyone claims through the granter. It does not protect against claims arising from previous owners. 4. Quitclaim Deed: A quitclaim deed is often used when the transfer of property does not involve a monetary transaction or when there is a pre-existing relationship between the individual and the corporation. This type of deed transfers whatever interest the granter has in the property, without any warranty or guarantee of a clear title. When executing a Queens New York Warranty Deed from Individual to Corporation, it is crucial to consult with legal professionals to ensure compliance with local laws, regulations, and specific requirements. Additionally, it is advisable for both parties involved to conduct a thorough title search and consider title insurance to protect against any unforeseen issues that may arise in the future.

A Queens New York Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real property from an individual to a corporation in Queens, New York. This type of deed ensures that the individual granting the deed has full legal rights and authority to sell and transfer the property, and provides a guarantee (or warranty) that the property is free from any liens, encumbrances, or claims. The Queens New York Warranty Deed from Individual to Corporation is an essential document for companies that are looking to acquire real estate or for individuals who wish to transfer ownership of their property to a corporate entity. By executing this deed, the corporation becomes the new owner of the property, assuming all rights and responsibilities associated with it. There may be various types or variations of Queens New York Warranty Deed from Individual to Corporation, depending on specific circumstances or conditions. Some of these types may include: 1. General Warranty Deed: This type of deed provides the highest level of protection for the corporation. The granter assures that they hold clear title to the property and will defend the title against any claims or disputes that may arise. 2. Special Warranty Deed: A special warranty deed offers similar assurances as a general warranty deed but limits the warranty to claims arising only during the granter's ownership period. This means that the granter is not responsible for any title issues that may have existed before they acquired the property. 3. Limited Warranty Deed: This type of deed provides a limited warranty to the grantee, typically only covering defects or claims made by the granter or anyone claims through the granter. It does not protect against claims arising from previous owners. 4. Quitclaim Deed: A quitclaim deed is often used when the transfer of property does not involve a monetary transaction or when there is a pre-existing relationship between the individual and the corporation. This type of deed transfers whatever interest the granter has in the property, without any warranty or guarantee of a clear title. When executing a Queens New York Warranty Deed from Individual to Corporation, it is crucial to consult with legal professionals to ensure compliance with local laws, regulations, and specific requirements. Additionally, it is advisable for both parties involved to conduct a thorough title search and consider title insurance to protect against any unforeseen issues that may arise in the future.