This Quitclaim Deed from Corporation to Two Individuals form is a Quitclaim Deed where the Grantor is a corporation and the Grantees are two individuals. Grantor conveys and quitclaims 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.
Keywords: Orange California, Quitclaim Deed, Corporation, Two Individuals, Types Description: The Orange California Quitclaim Deed from Corporation to Two Individuals is a legal document that transfers the ownership interest of a property from a corporation to two individuals in Orange, California. This type of deed is used when a corporation wishes to transfer the property to two specific individuals without providing any warranties or guarantees regarding the ownership rights or any potential claims on the property. There are different types of Orange California Quitclaim Deeds from Corporation to Two Individuals, namely: 1. General Orange California Quitclaim Deed: This type of deed transfers the property ownership from the corporation to the two individuals without specifying any conditions, restrictions, or warranties. 2. Orange California Quitclaim Deed with Exclusions: In this deed, the corporation may choose to exclude certain portions or rights to the property from the transfer, restricting the scope of ownership being transferred to the two individuals. 3. Orange California Quitclaim Deed with Reservation of Rights: This type of deed allows the corporation to retain specific rights or interests in the property despite transferring ownership to the two individuals. These reserved rights can include access easements, mineral rights, or any other relevant rights. 4. Orange California Quitclaim Deed with Covenants: In this deed, the corporation includes certain covenants or promises regarding the property being transferred to the two individuals. These covenants usually relate to the corporation's ownership and the absence of any undisclosed claims or encumbrances on the property. Transferring property ownership through a quitclaim deed allows the corporation to quickly and easily transfer its interest to the two individuals without engaging in a detailed title search or providing any guarantees. However, it is essential for the individuals receiving the property to conduct their own due diligence and obtain professional advice to ensure they are aware of any potential risks or claims associated with the property. It is recommended to consult with a qualified real estate attorney or a title company specializing in Orange California real estate transactions to handle the preparation and execution of the Orange California Quitclaim Deed from Corporation to Two Individuals to ensure a smooth and legally valid transfer of property ownership.
