Miami-Dade Florida Warranty Deed from Husband and Wife to Corporation

State:
Florida
County:
Miami-Dade
Control #:
FL-08-78
Format:
Word; 
Rich Text
Instant download

Description

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.

Miami-Dade Florida Warranty Deed from Husband and Wife to Corporation is a legal document that facilitates the transfer of real estate or property ownership from a married couple to a corporation, ensuring certain warranties and guarantees. This warranty deed ensures that the sellers, husband and wife, have full legal ownership and the right to transfer the property to the corporation. The Miami-Dade Florida Warranty Deed from Husband and Wife to Corporation guarantees that the property is free from any liens, encumbrances, or title defects, and that the sellers possess the authority to sell and transfer ownership. This type of warranty deed provides a level of assurance to the corporation that it will receive clear title to the property, protecting it from claims that may arise in the future. There are two main types of Miami-Dade Florida Warranty Deed from Husband and Wife to Corporation: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the corporation. It includes a comprehensive warranty that assures the corporation against any potential title defects, liens, or encumbrances, even if they existed before the sellers acquired the property. In case any such issues arise, the sellers are obligated to defend the corporation and compensate for any resulting losses. 2. Special Warranty Deed: This type of warranty deed provides a more limited level of protection compared to the general warranty deed. It guarantees that the sellers have not caused any title defects during their period of ownership. However, it does not protect the corporation against any issues that may have existed before the sellers acquired the property. Therefore, the corporation might be exposed to potential claims or defects that occurred prior to the sellers' ownership. In both cases, the Miami-Dade Florida Warranty Deed from Husband and Wife to Corporation is a legally binding document that outlines the agreed-upon terms of the property transfer, including a description of the property, purchase price, and the names of the parties involved. By utilizing a Miami-Dade Florida Warranty Deed from Husband and Wife to Corporation, both the sellers and the corporation can ensure a smooth and legally compliant transfer of property ownership, safeguarding the corporation's interests against any future disputes or complications.

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FAQ

In the state of Florida, spouses who purchase residential real estate as married individuals for must both be on the title of the home, regardless of whether one or both spouses are responsible for the mortgage payments.

The three most common types of deeds are: Grant Deeds. Quitclaim Deed. Warranty Deed.

There are essentially four basic types of deeds in Florida and a few additional specialized ones based off those four. Those four basic types of deeds, in order of diminishing benefit to the Grantee, are: the Warranty Deed, the Special Warranty Deed, the Fee Simple Deed, and the Quit Claim Deed.

A warranty deed guarantees that the purchaser receives good and valid title to the property. The person who signed the warranty deed could be held liable to the new owner for any problems or issues with the property's chain of title.

(AA) Agreement for Deed (or Contract for Deed) is an agreement for the installment purchase of real property directly from the seller. (CT) Certificate of Title is the conveyance of property through foreclosure. The Plaintiff is usually the mortgage holder.

There is one basic difference between a warranty deed and quitclaim deed: in each deed, the grantor makes a different legal statement. The warranty deed contains a promise by the grantor, called a warranty. But in a quitclaim deed, the grantor does not make any promise or warranty.

The deed must be in writing; The deed must be signed by the transferor (the current owner) of the property or his or her duly authorized agent or representative; The deed must be signed in the presence of two witnesses, each of whom must also sign the deed.

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

70 per $100 (or portion thereof) on documents that transfer interest in Florida real property, such as warranty deeds and quit claim deeds. This tax is based on the sale, consideration or transfer amount and is usually paid to the Clerk of Court when the document is recorded.

The husband and the wife must receive title in the same deed or other instrument; The husband and the wife must receive the same interest; and. The husband and the wife must have equal right to control or possess the property.

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The Office of the Property Appraiser reviews all ownership changes, properly recorded in the Clerk of Courts Recorder's Office. Learn the ways to hold title to real estate property for Florida probate purposes.Proper planning can save your beneficiaries a trip to probate court. What type of documents can be Recorded? 8. What are the requirements for Recording a Deed? A Florida quitclaim deed form (also known as quit claim deed) allows you to transfer property without a warranty of title. Get a deed in minutes. When a taxable document is not recorded, the tax must be paid directly to the Florida Department of Revenue. Reference: Chapter 201, Florida Statutes. Utilization Of Severable Use Rights (Packet) Form.

What is a Utilization Of Severable Use Right (Packet) form? A packet form is used to transfer limited use assets without the need for a warranty of title. Packets are recorded and assigned to the person who receives them. Packets may not be sold, resold, gifted, leased, transferred to another, or in any way disposed of except by transfer of title to the purchaser. Reference: Section, Florida Statutes. You may want to talk with an attorney to find out what options you may have. You can download a Utilization Of Severable Use Right form (PDF×. Sample Utilization Of Severable Use Right (Packet) Form () When Can I use a Quitclaim Doctrinal Document? A Quitclaim Doctrinal Document is a document that transfers ownership of an undeveloped land parcel. This is often the best way to purchase a parcel of land and create a use reservation. For example, you may own real estate and want to sell it to an investor.

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Miami-Dade Florida Warranty Deed from Husband and Wife to Corporation