Atlanta Georgia Warranty Deed from Corporation to Individual

State:
Georgia
City:
Atlanta
Control #:
GA-011-78
Format:
Word; 
Rich Text
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Description

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.

The Atlanta Georgia Warranty Deed from Corporation to Individual is a legal document that transfers ownership of a property from a corporation to an individual while providing a guarantee of title for the buyer. This type of deed is commonly used in real estate transactions in Atlanta, Georgia. A warranty deed serves as proof that the property being transferred is free of any liens, encumbrances, or claims. It ensures that the corporation has the legal authority to sell the property and guarantees that they will defend the buyer against any future claims relating to the title. There are different types of Atlanta Georgia Warranty Deeds from Corporation to Individual, including: 1. General Warranty Deed: This is the most common type of warranty deed used in Atlanta real estate transactions. It provides the highest level of protection to the buyer, as the corporation assures the buyer that they have clear ownership of the property and will indemnify them against any claims or defects. 2. Special Warranty Deed: This type of deed also guarantees the buyer's ownership of the property, but with limitations. The corporation only warrants against title defects or claims that may have arisen during their ownership of the property. They do not guarantee against any issues that may have existed before their ownership. 3. Quitclaim Deed: While not strictly a warranty deed, a quitclaim deed is another type of deed that can be used to transfer ownership of property in Atlanta. However, it does not guarantee the buyer's ownership or protect against any liens or claims. Instead, it transfers the corporation's interest, if any, in the property to the individual buyer without making any warranties. When preparing an Atlanta Georgia Warranty Deed from Corporation to Individual, it is crucial to include accurate and detailed information about the property, such as its legal description, parcel identification number, and any relevant encumbrances or agreements. Additionally, the deed should clearly state the consideration or purchase price for the property, as well as the names and signatures of both the corporation's authorized representatives and the individual buyer. By utilizing an Atlanta Georgia Warranty Deed from Corporation to Individual, buyers can have peace of mind knowing that they are receiving clear ownership of the property and protection against any undisclosed issues or claims. Prompt execution and recording of the deed at the County Recorder's Office ensure the transfer of ownership is legally binding and enforceable.

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FAQ

The seller or lender, also known as the grantor, and the buyer or the grantee are the two parties involved in a warranty contract.

12. Who benefits the most from recording a warranty deed? D. Explanation: The grantee is the one who has acquired an interest in the land, and she is the one who benefits the most from recording the deed to provide constructive (legal) notice of that interest.

Here are the steps to completing a deed transfer in Georgia: Names the Current Owner and New Owner. Contains a Description of the Property. Signed by Current Owner. Two Witnesses: Unofficial Witness & Notary Public. Complete a PT-61, Transfer Tax Form. Record Deed in County Real Estate Records.

The grantor must sign the deed (O.C.G.A. § 44-5-30). Except for documents electronically filed, only an original document (original signature) that has been properly attested can be accepted for recording (O.C.G.A.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

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.

In Georgia, a limited warranty deed (also known as a special warranty deed) transfers title in fee simple to the grantee with warranties and covenants of title that are limited only to acts arising by, through, or under the grantor.

A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

B. The general warranty deed provides the buyer with the greatest protection. A bargain and sale deed carries no warranties against liens or other encumbrances, but assures that the grantor has the right to sell or convey the property.

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Quitclaim deeds and limited warranty deeds are also used often in Georgia. Fill out the form to your right, or call us at 4044004000 to get your FREE consultation today.Work with the Nations BEST. Courthouse forms require both parties to enter their personal contact information and fill out basic deed information such as the location of the property. Need to Reach an Atlanta Real Estate Lawyer? Georgia law requires a licensed attorney to close all real estate transactions. Complete and print out form PT-61. Fill in the deed form. The person or entity owed money files the claim of lien in the Georgia recorder's office where deeds are filed. Click on the Establish Service link below and fill out the online application.

The title search and registration process can take up to three business days. Submit your copy of the completed online form. If you are located in Georgia, you may mail the completed form and payment to the Georgia recorder's office in the county you are seeking a title search. This is the only way for the Georgia legislature to determine whether a title search is required on a particular property.

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Atlanta Georgia Warranty Deed from Corporation to Individual