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 real property from an individual to a corporation in West Palm Beach, Florida. This type of deed guarantees that the individual, also known as the granter, has clear and marketable title to the property and has the right to transfer it to the corporation, the grantee. The warranty deed also assures the grantee that the property is free from any encumbrances or third-party claims, except for any existing restrictions already disclosed in the deed. In West Palm Beach, Florida, there are several types of Warranty Deeds that can be used for transferring property from an individual to a corporation. Some commonly used types include the General Warranty Deed, Special Warranty Deed, and Quitclaim Deed. 1. General Warranty Deed: This is the most comprehensive and preferred type of warranty deed. It offers the most extensive protection to the grantee by guaranteeing clear title and providing warranties against any defects in the property's title, even if they originated before the granter's ownership. 2. Special Warranty Deed: Similar to a general warranty deed, but with a narrower scope of warranties. A special warranty deed guarantees that the granter has not caused any encumbrances or title defects during their ownership period. It protects against claims or defects arising solely during the granter's ownership, not prior to it. 3. Quitclaim Deed: Unlike warranty deeds, a quitclaim deed doesn't provide any warranties or guarantees. It simply transfers the granter's interest in the property to the corporation, without asserting that the title is free from defects or encumbrances. Generally, quitclaim deeds are used in situations where the granter is uncertain about the status of the title or when transferring property between parties with an existing relationship. When executing a West Palm Beach Florida Warranty Deed from Individual to Corporation, it is crucial to ensure compliance with all legal requirements and recording procedures in the county where the property is located. Consulting an experienced real estate attorney is highly recommended drafting and review the deed to protect the interests of both the granter and the corporation.A Warranty Deed is a legal document that transfers ownership of real property from an individual to a corporation in West Palm Beach, Florida. This type of deed guarantees that the individual, also known as the granter, has clear and marketable title to the property and has the right to transfer it to the corporation, the grantee. The warranty deed also assures the grantee that the property is free from any encumbrances or third-party claims, except for any existing restrictions already disclosed in the deed. In West Palm Beach, Florida, there are several types of Warranty Deeds that can be used for transferring property from an individual to a corporation. Some commonly used types include the General Warranty Deed, Special Warranty Deed, and Quitclaim Deed. 1. General Warranty Deed: This is the most comprehensive and preferred type of warranty deed. It offers the most extensive protection to the grantee by guaranteeing clear title and providing warranties against any defects in the property's title, even if they originated before the granter's ownership. 2. Special Warranty Deed: Similar to a general warranty deed, but with a narrower scope of warranties. A special warranty deed guarantees that the granter has not caused any encumbrances or title defects during their ownership period. It protects against claims or defects arising solely during the granter's ownership, not prior to it. 3. Quitclaim Deed: Unlike warranty deeds, a quitclaim deed doesn't provide any warranties or guarantees. It simply transfers the granter's interest in the property to the corporation, without asserting that the title is free from defects or encumbrances. Generally, quitclaim deeds are used in situations where the granter is uncertain about the status of the title or when transferring property between parties with an existing relationship. When executing a West Palm Beach Florida Warranty Deed from Individual to Corporation, it is crucial to ensure compliance with all legal requirements and recording procedures in the county where the property is located. Consulting an experienced real estate attorney is highly recommended drafting and review the deed to protect the interests of both the granter and the corporation.
