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New Hampshire Warranty Deed from Corporation to Two Individuals

New Hampshire Warranty Deed from Corporation to Two Individuals

Name: New Hampshire Warranty Deed from Corporation to Two Individuals
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.67 (388 reviews)

Category:

New Hampshire Real Estate - Deeds - Warranty

State:

New Hampshire

Control #:

NH-014-78

Format:

Instant download

Description

This Warranty Deed from Corporation to Two Individuals form is a Warranty Deed where the Grantor is a corporation and the Grantees are two individuals. Grantors conveys and warrants the described property to Grantees 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

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.

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

After your Warranty Deed has been recorded at the County Clerk's Office, it can be sent to the grantee. However, any person or corporation can be designated as the recipient of the recorded Warranty Deed.

The original deed is returned to the owner of the property from the office of the recorder after proper entry. The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index including a reference to all documents recorded.

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.

The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company for you to sign at closing. The title company is commonly the trustee to the deed and holds legal title to the property until the loan gets fully repaid.

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.

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 special warranty deed to real estate offers protection to the buyer through the seller's guarantee that the title has been free and clear of encumbrances during their ownership of the property. It does not guarantee clear title beyond their ownership.

New Hampshire Warranty Deed from Corporation to Two Individuals

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FAQ

What is a corporation warranty deed?

Does a warranty deed prove ownership?

What happens to the original warranty deed after it has been recorded?

Who keeps the original deed?

How do you add a name to a warranty deed?

Who prepares a warranty deed?

Does a special warranty deed transfer ownership?

Who keeps original warranty deed?

Why would you use a special warranty deed?

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New Hampshire Warranty Deed from Corporation to Two Individuals

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