Delaware Warranty Deed from Corporation to Corporation

State:
Delaware
Control #:
DE-013-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from Corporation to Corporation form is a Warranty Deed where the Grantor is a corporation 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 Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
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FAQ

A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.

Transfers of real property must be in writing and notarized. Deeds should be recorded in the county where the property is located. When you are buying property, you also need to choose how you are going to hold title. Co-buyers can take title as joint tenants with right of survivorship or tenants in common.

Special warranties allow the transfer of property title between seller and buyer. The purchase of title insurance can mitigate the risk of prior claims to the special warranty deed.

Sale Deed. The most common way of property transfer is through a sale deed. Gift Deed. Another popular way of transferring property ownership is by 'gifting' the property using a gift deed. Relinquishment Deed. The above-mentioned ways work only when the property in question has a single owner. Will. Partition Deed.

There are various modes of transferring ownership of property: permanently by 1) relinquishment 2) sale 3) gift; and temporarily by way of 4) mortgage 5) lease and, 6) leave and license agreement.

Corporate warranty deeds offer the seller's guarantee to the buyer in regards to the validity of the chain of title. Generally, special warranty deeds only protect against problems occurring since the seller purchased the property.

Retrieve your original deed. Get the appropriate deed form. Draft the deed. Sign the deed before a notary. Record the deed with the county recorder. Obtain the new original deed.

Basically it is exactly the same document. Title Deed is just a more common name that is used. The legal documentation submitted when transferring a property is called a Deed of Transfer.Next time you order a Title Deed and receive a Deed of Transfer, don't be alarmed, they are the same document.

A statutory warranty deed is different from a warranty deed because it is a shorter form made available through your state's statutes and it may not outright list the promise that the title is guaranteed to be clear. Instead, because it is a statutory form, this guarantee is implied and is still legally enforceable.

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Delaware Warranty Deed from Corporation to Corporation