This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A warranty deed in Wisconsin with multiple owners refers to a legal document that transfers ownership of a property from the granter to the grantees, affirming the granter's guarantee of clear and marketable title to the property. It provides a high level of protection for the grantees against any future claims or disputes arising from the ownership of the property. In Wisconsin, there are different types of warranty deeds with multiple owners, including: 1. Tenancy in Common: This type of warranty deed allows multiple owners to hold undivided interests in the property. Each owner has the right to use and enjoy the entire property, but their ownership interests can vary. In the event of one owner's death, their share passes to their heirs instead of the other owners. 2. Joint Tenancy: With this type of warranty deed, multiple owners hold equal shares of the property, and each co-owner has the right of survivorship. This means that if one owner passes away, their share automatically transfers to the surviving owners, bypassing probate. 3. Tenants by the Entirety: This form of ownership is available only to married couples. It provides the same rights as joint tenancy but offers additional legal protections. The property cannot be transferred or encumbered by one spouse without the consent of the other. In the event of divorce, the tenancy by the entirety is converted to tenancy in common. When preparing a warranty deed in Wisconsin with multiple owners, it is essential to provide the legal description of the property, which typically includes the lot of number, subdivision name, county, and state. Additionally, the deed should include the names and addresses of all owners, as well as their percentage of ownership if applicable. Other relevant keywords to consider when writing about warranty deeds in Wisconsin with multiple owners are "transfer of property ownership," "deed of conveyance," "real estate transaction," "property title guarantee," "legal protections," "property disputes," and "grantee's rights."
