This Warranty Deed from Corporation to Corporation form is a Warranty Deed where the Grantor is a corporation and the Grantee is a corporation. 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.
A Warranty Deed from Corporation to Corporation is a legal document used in Phoenix, Arizona to transfer ownership of real estate from one corporation to another. This type of deed ensures that the transferring corporation (granter) guarantees the new corporation (grantee) that they hold clear title to the property and have the right to convey it. In this transaction, the granter guarantees that they have the legal authority to sell the property and that there are no undisclosed liens, encumbrances, or claims on the property that may affect the new corporation's ownership rights. The granter also pledges to defend the title against any future claims or disputes relating to the property. The Phoenix Arizona Warranty Deed from Corporation to Corporation is an essential legal instrument used in commercial real estate transactions. It provides the grantee corporation with a high level of protection and assurance that they are acquiring the property with a clean and marketable title. There may be variations of the Phoenix Arizona Warranty Deed from Corporation to Corporation based on specific circumstances or additional provisions required by the parties involved, such as: 1. General Warranty Deed: This is the most common type of warranty deed that provides the broadest form of protection to the grantee corporation. It guarantees the grantee corporation against any defects in the ownership history of the property, regardless of whether they occurred before or during the granter corporation's ownership. 2. Special Warranty Deed: This type of warranty deed is more limited in scope and only guarantees the grantee corporation against any defects or claims that may have arisen during the granter corporation's ownership of the property. It does not extend to any prior defects or claims on the title. 3. Bargain and Sale Deed: Although not commonly used when transferring real estate between corporations, this type of deed warrants that the granter corporation has title to the property but does not provide any specific guarantees regarding prior ownership or claims on the property's title. In conclusion, the Phoenix Arizona Warranty Deed from Corporation to Corporation is a legally binding document that ensures the transfer of real estate from one corporation to another with a clean and marketable title. The granter corporation guarantees the grantee corporation against any defects in the ownership history and pledges to defend the title against any future claims or disputes. Various types of warranty deeds exist, including the General Warranty Deed, Special Warranty Deed, and Bargain and Sale Deed, each offering different levels of protection to the grantee corporation.A Warranty Deed from Corporation to Corporation is a legal document used in Phoenix, Arizona to transfer ownership of real estate from one corporation to another. This type of deed ensures that the transferring corporation (granter) guarantees the new corporation (grantee) that they hold clear title to the property and have the right to convey it. In this transaction, the granter guarantees that they have the legal authority to sell the property and that there are no undisclosed liens, encumbrances, or claims on the property that may affect the new corporation's ownership rights. The granter also pledges to defend the title against any future claims or disputes relating to the property. The Phoenix Arizona Warranty Deed from Corporation to Corporation is an essential legal instrument used in commercial real estate transactions. It provides the grantee corporation with a high level of protection and assurance that they are acquiring the property with a clean and marketable title. There may be variations of the Phoenix Arizona Warranty Deed from Corporation to Corporation based on specific circumstances or additional provisions required by the parties involved, such as: 1. General Warranty Deed: This is the most common type of warranty deed that provides the broadest form of protection to the grantee corporation. It guarantees the grantee corporation against any defects in the ownership history of the property, regardless of whether they occurred before or during the granter corporation's ownership. 2. Special Warranty Deed: This type of warranty deed is more limited in scope and only guarantees the grantee corporation against any defects or claims that may have arisen during the granter corporation's ownership of the property. It does not extend to any prior defects or claims on the title. 3. Bargain and Sale Deed: Although not commonly used when transferring real estate between corporations, this type of deed warrants that the granter corporation has title to the property but does not provide any specific guarantees regarding prior ownership or claims on the property's title. In conclusion, the Phoenix Arizona Warranty Deed from Corporation to Corporation is a legally binding document that ensures the transfer of real estate from one corporation to another with a clean and marketable title. The granter corporation guarantees the grantee corporation against any defects in the ownership history and pledges to defend the title against any future claims or disputes. Various types of warranty deeds exist, including the General Warranty Deed, Special Warranty Deed, and Bargain and Sale Deed, each offering different levels of protection to the grantee corporation.