This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. 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 Jacksonville Florida Warranty Deed from Corporation to Individual is a legal document that facilitates the transfer of property ownership from a corporation to an individual in the city of Jacksonville, Florida. A warranty deed is a type of deed that provides the highest level of protection to the buyer (individual) by legally guaranteeing that the seller (corporation) has the legal right to sell the property, and that the property is free from any encumbrances or claims. It ensures that the buyer obtains clear and marketable title to the property. There are different types of warranty deeds that can be used in this specific context: 1. General Warranty Deed: This type of deed provides the highest level of protection for the buyer (individual). It guarantees that the corporation holds clear title to the property and warrants against any defects in the title that may have arisen at any time, even before the corporation acquired the property. 2. Special Warranty Deed: In this type of deed, the corporation guarantees that it holds clear title to the property and warrants against any defects that may have occurred only during its ownership of the property. This means that the corporation is not responsible for any issues that may have arisen prior to its ownership. 3. Quitclaim Deed: Unlike a warranty deed, a quitclaim deed does not provide any warranties or guarantees regarding the title of the property. With this type of deed, the corporation simply transfers its interest in the property to the individual without making any promises about the state of the title. It is essential for the individual to conduct their own research and title search before accepting a quitclaim deed. It is important for both parties involved in the transaction to seek legal advice and ensure that the appropriate warranty deed is used based on their specific circumstances. Furthermore, the completed warranty deed must be recorded with the Duval County Clerk's Office to make the transfer of property ownership legally valid and bind both parties to the terms of the deed.
