Dayton Ohio General Warranty Deed from two Individuals to Corporation

State:
Ohio
City:
Dayton
Control #:
OH-05-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant 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 Dayton Ohio General Warranty Deed from two Individuals to Corporation is a legal document that transfers ownership of real property from two individuals to a corporation, ensuring that the corporation receives clear and marketable title to the property. In Dayton, Ohio, there are several types of General Warranty Deeds that can be used in the transfer of property from two individuals to a corporation: 1. Dayton Ohio General Warranty Deed with Survivorship: This type of deed ensures that if one of the individual granters passes away, the surviving granter automatically assumes full ownership of the property. Consequently, the corporation receives clear ownership of the property without any complications. 2. Dayton Ohio General Warranty Deed with Spousal Joining and Consent: If the individuals transferring the property are married, this type of deed includes the consent and joining of the non-granting spouse. This ensures that both spouses are aware of and agree to the transfer of property to the corporation. 3. Dayton Ohio General Warranty Deed with Special Warranty: Unlike a traditional general warranty deed, this type limits the warranty or guarantee of title only to defects or encumbrances that arose during the individuals' ownership of the property. This protects the corporation from potential undisclosed issues that occurred prior to the individuals' ownership. 4. Dayton Ohio General Warranty Deed with Quitclaim Covenants: This type of deed provides limited warranties to the grantee, with the granters making no claims to the property other than their ownership during the time of transfer. This minimizes liability for the individuals and allows the corporation to assess any potential risks independently. Regardless of the specific type, a Dayton Ohio General Warranty Deed will typically include key elements such as the legal description and address of the property, the names of the granters (individuals) and grantee (corporation), the consideration (usually monetary value exchanged for the property), and the signatures of the granters, often witnessed or notarized. It is crucial to consult with a real estate attorney or professional to ensure all legal requirements and specific provisions of Dayton Ohio General Warranty Deed types are adhered to, providing a smooth and secure transfer of property ownership from individuals to a corporation.

A Dayton Ohio General Warranty Deed from two Individuals to Corporation is a legal document that transfers ownership of real property from two individuals to a corporation, ensuring that the corporation receives clear and marketable title to the property. In Dayton, Ohio, there are several types of General Warranty Deeds that can be used in the transfer of property from two individuals to a corporation: 1. Dayton Ohio General Warranty Deed with Survivorship: This type of deed ensures that if one of the individual granters passes away, the surviving granter automatically assumes full ownership of the property. Consequently, the corporation receives clear ownership of the property without any complications. 2. Dayton Ohio General Warranty Deed with Spousal Joining and Consent: If the individuals transferring the property are married, this type of deed includes the consent and joining of the non-granting spouse. This ensures that both spouses are aware of and agree to the transfer of property to the corporation. 3. Dayton Ohio General Warranty Deed with Special Warranty: Unlike a traditional general warranty deed, this type limits the warranty or guarantee of title only to defects or encumbrances that arose during the individuals' ownership of the property. This protects the corporation from potential undisclosed issues that occurred prior to the individuals' ownership. 4. Dayton Ohio General Warranty Deed with Quitclaim Covenants: This type of deed provides limited warranties to the grantee, with the granters making no claims to the property other than their ownership during the time of transfer. This minimizes liability for the individuals and allows the corporation to assess any potential risks independently. Regardless of the specific type, a Dayton Ohio General Warranty Deed will typically include key elements such as the legal description and address of the property, the names of the granters (individuals) and grantee (corporation), the consideration (usually monetary value exchanged for the property), and the signatures of the granters, often witnessed or notarized. It is crucial to consult with a real estate attorney or professional to ensure all legal requirements and specific provisions of Dayton Ohio General Warranty Deed types are adhered to, providing a smooth and secure transfer of property ownership from individuals to a corporation.

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Dayton Ohio General Warranty Deed from two Individuals to Corporation