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Indiana Warranty Deed - Business Entity Grantor by Attorney-in-Fact to Individual Grantee

State:
Indiana
Control #:
IN-07-81
Format:
Word; 
Rich Text
Instant download

Description Business Entity File

This form is a Warranty Deed where the Grantor is a business entity such as a corporation or limited liability company and the Grantee is an Individual. Grantor conveys and warrants the described property to Grantee. This deed complies with all state statutory laws.

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Indiana Warranty Grantor Other Form Names

Deed Grantor   Business Entity Form   Grantor Grantee   Business Entity Purchase   Deed Business Entity   Entity Grantee Editable   Business Entity Editable  

Business Entity Document FAQ

No, California does not require that the Grantee sign a warranty deed. However, some states and counties require that the deed be signed by the Grantee in addition to the Grantor.

The person represented usually designates someone as their attorney-in-fact by assigning power of attorney. An attorney-in-fact is not necessarily a lawyer. In fact, attorneys-in-fact don't require any special qualifications at all. They can be a family member or close friend.

Grantor's signature: The grantor must sign the deed for it to be valid. Usually, if more than one person owns a property, all the owners must sign. In some states a husband or wife who own property by themselves may have to have the spouse also sign the deed even though the spouse does not have title to the property.

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.

A power of attorney enables an agent (also called the attorney-in-fact) to conduct transactions on another person's behalf.If so, a spouse, relative or friend with POA can sign a deed or other real estate documents.

The Power of Attorney is able to do anything which is authorized in the document. If there is language in the POA which allows the transfer of real property, the power of attorney is able to transfer the property to himself.

No, in most states, the Grantee is not required to sign the Quitclaim Deed. However, some counties do require that the Quitclaim Deed be signed by the Grantee in addition to the Grantor.

An agent cannot:Make decisions on behalf of the principal after their death.However, unless the principal named a co-agent or alternate agent in the same POA document or is still competent to appoint someone else to act on their behalf, an agent cannot choose who takes over their duties.

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Indiana Warranty Deed - Business Entity Grantor by Attorney-in-Fact to Individual Grantee