This form is a Special Warranty Deed where the grantor is a corporation and the grantee is a corporation. Grantor conveys and specially warrants the described property to the grantee. The grantor only warrant and will defend the property only as to claims of persons claiming by, through or under grantor, but not otherwise. This deed complies with all state statutory laws.
Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation is a legal document that transfers property ownership from one corporation to another corporation within the city of Philadelphia, Pennsylvania. The special warranty deed provides certain assurances and warranties regarding the property's title, ensuring that the transferring corporation holds clear title to the property during its period of ownership. This type of deed is commonly used in real estate transactions between corporations in Philadelphia, ensuring proper transfer of ownership rights. It offers the transferring corporation's guarantee that it has not encumbered the property and that it will defend the title against any claims arising from defects in the title only during the period when the transferring corporation held the property. It's important to note that different variations of the Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation may exist, depending on specific circumstances or agreements between the parties involved. Some variations may include: 1. Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation with Lien: This type of deed includes an additional provision that acknowledges the presence of a lien on the property. The transferring corporation guarantees that it will clear the specified lien before the completion of the transaction. 2. Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation with Restricted Use: In this variation, the transferring corporation may impose certain restrictions or limitations on the property's use by the receiving corporation. This may be to protect the transferring corporation's interests, such as preserving adjacent properties or restricting certain activities on the land. 3. Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation with Time-Sensitive Terms: In certain situations, the deed may contain time-sensitive terms, such as a specific duration of ownership granted to the receiving corporation. This variation ensures clarity regarding the duration and limitations of the receiving corporation's ownership rights. Overall, the Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation serves as a legal instrument that facilitates the smooth transfer of property ownership between corporations. It provides valuable assurances to the receiving corporation regarding the title to the property, ensuring a secure and legally binding transaction in the city of Philadelphia, Pennsylvania.Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation is a legal document that transfers property ownership from one corporation to another corporation within the city of Philadelphia, Pennsylvania. The special warranty deed provides certain assurances and warranties regarding the property's title, ensuring that the transferring corporation holds clear title to the property during its period of ownership. This type of deed is commonly used in real estate transactions between corporations in Philadelphia, ensuring proper transfer of ownership rights. It offers the transferring corporation's guarantee that it has not encumbered the property and that it will defend the title against any claims arising from defects in the title only during the period when the transferring corporation held the property. It's important to note that different variations of the Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation may exist, depending on specific circumstances or agreements between the parties involved. Some variations may include: 1. Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation with Lien: This type of deed includes an additional provision that acknowledges the presence of a lien on the property. The transferring corporation guarantees that it will clear the specified lien before the completion of the transaction. 2. Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation with Restricted Use: In this variation, the transferring corporation may impose certain restrictions or limitations on the property's use by the receiving corporation. This may be to protect the transferring corporation's interests, such as preserving adjacent properties or restricting certain activities on the land. 3. Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation with Time-Sensitive Terms: In certain situations, the deed may contain time-sensitive terms, such as a specific duration of ownership granted to the receiving corporation. This variation ensures clarity regarding the duration and limitations of the receiving corporation's ownership rights. Overall, the Philadelphia Pennsylvania Special Warranty Deed — Corporation to Corporation serves as a legal instrument that facilitates the smooth transfer of property ownership between corporations. It provides valuable assurances to the receiving corporation regarding the title to the property, ensuring a secure and legally binding transaction in the city of Philadelphia, Pennsylvania.
