This Warranty Deed from Individual to Corporation form is a Warranty Deed where the grantor is an individual 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 Grantors, if any, which are reserved by Grantors.
A warranty deed is a legal document that transfers ownership of a property from an individual to a corporation in Maricopa, Arizona. This deed provides certain guarantees and assurances to the corporation that the individual holds valid and clear title to the property, and that there are no outstanding claims or encumbrances against it. In Maricopa, Arizona, there are two different types of warranty deeds that can be used to transfer ownership from an individual to a corporation. These are: 1. General Warranty Deed: A general warranty deed provides the highest level of protection to the corporation purchasing the property. It guarantees that the individual transferring the property is the lawful owner and has the right to sell, and that the property is free from any liens, encumbrances, or title defects. This type of deed offers extensive warranties and assurances to the corporation. 2. Special Warranty Deed: A special warranty deed, on the other hand, offers limited warranties to the corporation. It guarantees that the individual transferring the property has not caused any title defects or encumbrances during their ownership. However, it does not provide assurances for any issues that may have existed prior to their ownership. This type of deed limits the liability of the individual transferring the property. When completing a Maricopa, Arizona warranty deed from an individual to a corporation, it is important to include certain key elements. These include: — The names and addresses of both the individual transferring the property and the corporation acquiring it. — A clear and accurate legal description of the property being transferred. This should include the lot of number, block number, subdivision name, and any other relevant details. — A statement that the individual transferring the property is the legal owner and has the authority to do so. — A warranty clause, specifying the type of warranty being provided (either general or special), outlining the guarantees and assurances given by the individual to the corporation. — Signatures of both the individual transferring the property and a notary public, who will acknowledge the execution of the deed. When dealing with Maricopa, Arizona warranty deeds from individuals to corporations, it is always advisable to seek legal counsel to ensure the accuracy and legality of the transaction.A warranty deed is a legal document that transfers ownership of a property from an individual to a corporation in Maricopa, Arizona. This deed provides certain guarantees and assurances to the corporation that the individual holds valid and clear title to the property, and that there are no outstanding claims or encumbrances against it. In Maricopa, Arizona, there are two different types of warranty deeds that can be used to transfer ownership from an individual to a corporation. These are: 1. General Warranty Deed: A general warranty deed provides the highest level of protection to the corporation purchasing the property. It guarantees that the individual transferring the property is the lawful owner and has the right to sell, and that the property is free from any liens, encumbrances, or title defects. This type of deed offers extensive warranties and assurances to the corporation. 2. Special Warranty Deed: A special warranty deed, on the other hand, offers limited warranties to the corporation. It guarantees that the individual transferring the property has not caused any title defects or encumbrances during their ownership. However, it does not provide assurances for any issues that may have existed prior to their ownership. This type of deed limits the liability of the individual transferring the property. When completing a Maricopa, Arizona warranty deed from an individual to a corporation, it is important to include certain key elements. These include: — The names and addresses of both the individual transferring the property and the corporation acquiring it. — A clear and accurate legal description of the property being transferred. This should include the lot of number, block number, subdivision name, and any other relevant details. — A statement that the individual transferring the property is the legal owner and has the authority to do so. — A warranty clause, specifying the type of warranty being provided (either general or special), outlining the guarantees and assurances given by the individual to the corporation. — Signatures of both the individual transferring the property and a notary public, who will acknowledge the execution of the deed. When dealing with Maricopa, Arizona warranty deeds from individuals to corporations, it is always advisable to seek legal counsel to ensure the accuracy and legality of the transaction.