This Warranty Deed from Husband and Wife to Corporation form is a Warranty Deed where the grantors are husband and wife and the grantee is a corporation. Grantors warrant and convey the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
Description: A Tempe Arizona Warranty Deed from Husband and Wife to Corporation is a legal document used to transfer property ownership from a married couple to a corporation, located in the city of Tempe, Arizona. This deed ensures that the property's title is transferred with a warranty of clear ownership and protects the corporation from any future claims against the property. This type of transfer is commonly utilized when a married couple wants to transfer their property to a corporation they own or intend to establish. There are two main types of Tempe Arizona Warranty Deeds from Husband and Wife to Corporation: 1. General Warranty Deed: This type of deed guarantees that the property is free from any encumbrances, defects, or claims against the title, both known and unknown. It provides the highest level of protection for the corporation, ensuring that they will be shielded from any legal and financial liabilities related to the property. 2. Special Warranty Deed: Also referred to as a Limited Warranty Deed, this type of deed only guarantees that the property is free from any encumbrances, defects, or claims against the title during the ownership of the husband and wife. It does not offer protection against any existing or potential issues that may have occurred before their ownership. This type of deed is less secure for the corporation, as it may still be exposed to risks associated with previous owners. It is essential to consult with a real estate attorney or a title company specializing in property transfers to ensure the appropriate type of warranty deed is used and all legal requirements are adhered to when transferring ownership from a husband and wife to a corporation in Tempe, Arizona.Description: A Tempe Arizona Warranty Deed from Husband and Wife to Corporation is a legal document used to transfer property ownership from a married couple to a corporation, located in the city of Tempe, Arizona. This deed ensures that the property's title is transferred with a warranty of clear ownership and protects the corporation from any future claims against the property. This type of transfer is commonly utilized when a married couple wants to transfer their property to a corporation they own or intend to establish. There are two main types of Tempe Arizona Warranty Deeds from Husband and Wife to Corporation: 1. General Warranty Deed: This type of deed guarantees that the property is free from any encumbrances, defects, or claims against the title, both known and unknown. It provides the highest level of protection for the corporation, ensuring that they will be shielded from any legal and financial liabilities related to the property. 2. Special Warranty Deed: Also referred to as a Limited Warranty Deed, this type of deed only guarantees that the property is free from any encumbrances, defects, or claims against the title during the ownership of the husband and wife. It does not offer protection against any existing or potential issues that may have occurred before their ownership. This type of deed is less secure for the corporation, as it may still be exposed to risks associated with previous owners. It is essential to consult with a real estate attorney or a title company specializing in property transfers to ensure the appropriate type of warranty deed is used and all legal requirements are adhered to when transferring ownership from a husband and wife to a corporation in Tempe, Arizona.