This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor 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 applicable state statutory laws.
Title: Tampa Florida Warranty Deed from Corporation to Husband and Wife: A Comprehensive Guide Introduction: A Tampa Florida Warranty Deed from Corporation to Husband and Wife involves the transfer of property rights from a corporation to a married couple. This legal document ensures that the corporation guarantees a clear title and provides warranties against any claims or encumbrances on the property being transferred. This detailed description will explore the key aspects of this type of warranty deed, highlighting its importance and various subtypes. Keywords: Tampa, Florida, warranty deed, corporation, husband and wife, property transfer, clear title, warranties 1. The Importance of a Warranty Deed: A warranty deed is an essential legal document used in real estate transactions. In the case of a Tampa Florida Warranty Deed from Corporation to Husband and Wife, it establishes a secure and reliable transfer of property rights from a corporation to a married couple. 2. Ensuring a Clear Title: The warranty deed guarantees that the corporation lawfully owns the property being transferred and has the right to convey it to the husband and wife. This ensures that the buyers are protected against any third-party claims or encumbrances on the property's title. 3. Warranties Provided by the Corporation: The corporation offering the warranty deed guarantees several warranties to the husband and wife, including: a. Covenant of basin: The corporation asserts that it has full ownership and possession of the property. b. Covenant against encumbrances: The corporation warrants that there are no liens, mortgages, or other encumbrances on the property, except those listed in the deed. c. Covenant of further assurances: The corporation promises to take any necessary action in the future to perfect the title if any defects arise. d. Covenant of quiet enjoyment: The corporation guarantees that the property will not be disturbed in its possession or use due to any third-party claims. e. Covenant of warranty forever: The corporation pledges to defend the husband and wife's title against any claims made by third parties. 4. Types of Tampa Florida Warranty Deed from Corporation to Husband and Wife: a. General Warranty Deed: This type of deed provides the broadest level of protection, as the corporation guarantees the property against any and all claims, even those arising before the corporation owned it. b. Special Warranty Deed: In this case, the corporation guarantees the property against any claims that may arise during the time the corporation owned it, but not before. c. Limited Warranty Deed: Here, the corporation only guarantees against claims that resulted from its actions or omissions during ownership, without providing protection against claims arising before it acquired the property. Conclusion: A Tampa Florida Warranty Deed from Corporation to Husband and Wife acts as a fundamental legal agreement that transfers property rights securely. By providing warranties against any claims or encumbrances, the corporation ensures the buyers possess a clear title to the property. It's important for the husband and wife to fully understand the specific type of warranty deed they are receiving to best protect their interests during the property transfer process.Title: Tampa Florida Warranty Deed from Corporation to Husband and Wife: A Comprehensive Guide Introduction: A Tampa Florida Warranty Deed from Corporation to Husband and Wife involves the transfer of property rights from a corporation to a married couple. This legal document ensures that the corporation guarantees a clear title and provides warranties against any claims or encumbrances on the property being transferred. This detailed description will explore the key aspects of this type of warranty deed, highlighting its importance and various subtypes. Keywords: Tampa, Florida, warranty deed, corporation, husband and wife, property transfer, clear title, warranties 1. The Importance of a Warranty Deed: A warranty deed is an essential legal document used in real estate transactions. In the case of a Tampa Florida Warranty Deed from Corporation to Husband and Wife, it establishes a secure and reliable transfer of property rights from a corporation to a married couple. 2. Ensuring a Clear Title: The warranty deed guarantees that the corporation lawfully owns the property being transferred and has the right to convey it to the husband and wife. This ensures that the buyers are protected against any third-party claims or encumbrances on the property's title. 3. Warranties Provided by the Corporation: The corporation offering the warranty deed guarantees several warranties to the husband and wife, including: a. Covenant of basin: The corporation asserts that it has full ownership and possession of the property. b. Covenant against encumbrances: The corporation warrants that there are no liens, mortgages, or other encumbrances on the property, except those listed in the deed. c. Covenant of further assurances: The corporation promises to take any necessary action in the future to perfect the title if any defects arise. d. Covenant of quiet enjoyment: The corporation guarantees that the property will not be disturbed in its possession or use due to any third-party claims. e. Covenant of warranty forever: The corporation pledges to defend the husband and wife's title against any claims made by third parties. 4. Types of Tampa Florida Warranty Deed from Corporation to Husband and Wife: a. General Warranty Deed: This type of deed provides the broadest level of protection, as the corporation guarantees the property against any and all claims, even those arising before the corporation owned it. b. Special Warranty Deed: In this case, the corporation guarantees the property against any claims that may arise during the time the corporation owned it, but not before. c. Limited Warranty Deed: Here, the corporation only guarantees against claims that resulted from its actions or omissions during ownership, without providing protection against claims arising before it acquired the property. Conclusion: A Tampa Florida Warranty Deed from Corporation to Husband and Wife acts as a fundamental legal agreement that transfers property rights securely. By providing warranties against any claims or encumbrances, the corporation ensures the buyers possess a clear title to the property. It's important for the husband and wife to fully understand the specific type of warranty deed they are receiving to best protect their interests during the property transfer process.
