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.
A Huntsville Alabama warranty deed from a corporation to two individuals is a legal document that transfers ownership of property from a corporation to two individuals, guaranteeing that the corporation holds clear title and will defend it against any future claims. This type of deed provides a level of assurance and protection to the individual buyers, ensuring that they have the right to own and possess the property without any encumbrances or defects in the title. There are two main types of Huntsville Alabama warranty deeds from a corporation to two individuals: 1. General warranty deed: A general warranty deed provides the highest level of protection for the buyers. It guarantees that the corporation will defend the title against any claims or defects, even if they existed before the corporation acquired the property. The corporation is legally responsible for any loss suffered by the buyers resulting from a breach of the warranty. 2. Special warranty deed: A special warranty deed, also known as a limited warranty deed, provides a more limited level of protection compared to a general warranty deed. It guarantees that the corporation only defends the title against claims or defects that may have arisen during the corporation's ownership of the property. Any issues or defects that existed prior to the corporation's ownership are not covered by this type of warranty deed. In both cases, the warranty deed includes important information such as the names of the corporation, the two individuals, and a detailed description of the property being transferred. The deed also outlines the terms and conditions of the transfer, including any monetary considerations or other obligations that may be involved.A Huntsville Alabama warranty deed from a corporation to two individuals is a legal document that transfers ownership of property from a corporation to two individuals, guaranteeing that the corporation holds clear title and will defend it against any future claims. This type of deed provides a level of assurance and protection to the individual buyers, ensuring that they have the right to own and possess the property without any encumbrances or defects in the title. There are two main types of Huntsville Alabama warranty deeds from a corporation to two individuals: 1. General warranty deed: A general warranty deed provides the highest level of protection for the buyers. It guarantees that the corporation will defend the title against any claims or defects, even if they existed before the corporation acquired the property. The corporation is legally responsible for any loss suffered by the buyers resulting from a breach of the warranty. 2. Special warranty deed: A special warranty deed, also known as a limited warranty deed, provides a more limited level of protection compared to a general warranty deed. It guarantees that the corporation only defends the title against claims or defects that may have arisen during the corporation's ownership of the property. Any issues or defects that existed prior to the corporation's ownership are not covered by this type of warranty deed. In both cases, the warranty deed includes important information such as the names of the corporation, the two individuals, and a detailed description of the property being transferred. The deed also outlines the terms and conditions of the transfer, including any monetary considerations or other obligations that may be involved.
