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North Dakota Warranty Deed from Corporation to Individual

North Dakota Warranty Form

Name: North Dakota Warranty Deed from Corporation to Individual
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.88 (412 reviews)

Category:

North Dakota Real Estate - Deeds - Warranty

State:

North Dakota

Control #:

ND-011-78

Format:

Instant download

Description

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.

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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.

A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects. Most property sales make use of a warranty deed.

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.

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.

A general warranty deed is not a contract of saleit does not include a price for the property or include any transfer of funds. Instead, it is the legal document that completes the sale by transferring the property from the grantor to the grantee.

A special warranty deed is a deed to real estate where the seller of the propertyknown as the grantorwarrants only against anything that occurred during their physical ownership. In other words, the grantor doesn't guarantee against any defects in clear title that existed before they took possession of the property.

Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

North Dakota Warranty Form

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FAQ

Does the grantee have to sign a warranty deed?

Is a warranty deed and a title the same thing?

What is the purpose of a warranty deed?

What is a corporation warranty deed?

Is a warranty deed a contract?

Is a warranty deed a legal document?

What is a special corporate warranty deed?

Is a warranty deed the same as a deed?

Does a warranty deed prove ownership?

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North Dakota Warranty Form

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