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Rhode Island Warranty Deed from two Individuals to Corporation

Rhode Island Warranty Deed from two Individuals to Corporation

Name: Rhode Island Warranty Deed from two Individuals to Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.73 (289 reviews)

Category:

Rhode Island Real Estate - Deeds - Warranty

State:

Rhode Island

Control #:

RI-05-78

Format:

Instant download

Description

This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.

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FAQ

In order to make the Warranty Deed legally binding, the Seller needs to sign it front of a notary public. Then signed and notarized deed must be filed at the city or county office for recording property documents. Before filing with this office all previously billed property taxes must be paid in full.

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

Both the warranty deed and deed of trust are recorded with the county clerk or recorder. Generally, the lender sends the documents to be recorded after the closing.The original warranty deeds are often mailed to the grantee after they are recorded.

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.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

File the deed form at your county's deed assessor or property records department. Pay the filing fee, which is $25 to $40 depending on your county. The deed is official once you pay the filing fee.

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

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.

Rhode Island Warranty Deed from two Individuals to Corporation

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FAQ

How do I write a warranty deed?

Does a warranty deed prove ownership?

Is a warranty deed the same as a recorded deed?

What is the difference between a deed and a warranty deed?

Does a warranty deed mean you own the property?

How much does it cost to add a name to a deed in Florida?

How do I add my spouse to my house deed in Florida?

Who keeps original warranty deed?

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Rhode Island Warranty Deed from two Individuals to Corporation

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