South Fulton Georgia Warranty Deed from Corporation to Individual

State:
Georgia
City:
South Fulton
Control #:
GA-011-78
Format:
Word; 
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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 South Fulton Georgia Warranty Deed from Corporation to Individual is a legal document that signifies the transfer of property ownership from a corporation to an individual in South Fulton, Georgia. This deed provides a guarantee that the corporation holds valid title to the property and that it is free from any encumbrances or claims. Keywords: South Fulton Georgia, warranty deed, corporation, individual, property ownership, transfer, legal document, guarantee, title, encumbrances, claims. There are several types of South Fulton Georgia Warranty Deeds from Corporation to Individual: 1. General Warranty Deed: This type of deed offers the highest level of protection to the individual receiving the property. It assures the individual that the corporation will defend against any claims on the property, regardless of when they may have originated. 2. Special Warranty Deed: This type of deed guarantees that the property has not incurred any encumbrances or title defects during the corporation's ownership. However, it does not provide protection against any claims that may have existed before the corporation acquired the property. 3. Quitclaim Deed: A quitclaim deed transfers the corporation's interest in the property to the individual without making any warranties or guarantees. It simply releases the corporate ownership rights, if any, to the individual, but offers no additional protections for the individual's ownership. 4. Executor's Deed: In cases where the corporation has acquired the property through inheritance or as an executor of an estate, an executor's deed transfers ownership of the property to the individual. This type of deed requires the corporation to provide proof of legal authority to act on behalf of the estate. 5. Trustee's Deed: If the corporation is acting as a trustee for a trust or estate, a trustee's deed is used to convey the property to the individual. This deed ensures that the transfer is carried out in accordance with the terms of the trust or estate, providing legal protection for the individual's ownership rights. In conclusion, a South Fulton Georgia Warranty Deed from Corporation to Individual is a significant legal document that signifies the transfer of property ownership from a corporation to an individual. The various types of deeds mentioned above offer different levels of protection and assurances to the individual, depending on the circumstances of the transfer. It is important for both parties involved to understand the specific type of warranty deed being used in order to protect their respective interests.

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FAQ

The State of Georgia Transfer Tax is imposed at the rate of $1.00 per thousand (plus $0.10 / hundred) based upon the value of the property conveyed. Example: A property selling for $550,000.00 would incur a $550.00 State of Georgia Transfer Tax.

All deeds must be recorded with the Clerk of Superior Court. Many deeds are available online by accessing the local Clerk of Superior Court website. Others may be secured through the Georgia Superior Court Clerk's Cooperative Authority at .

A warranty deed is the most common type of deed used in most purchase and sale transactions. It offers the best protection for the grantee because it guarantees that the title is good and marketable. Requirements to be filed. The deed must describe the real property, full legal description.

The Deeds and Records' Room is located in the Lewis Slaton Courthouse on the ground floor. For more information about the Clerk of Superior and Magistrate Court's Deeds and Records' Room or to acquire copies, please visit the Main Campus, North Annex, and South Annex.

You can do this through a transfer of equity. This is where a share of equity is transferred to one or multiple people, but the original owner stays on the title deeds. You'll need a Conveyancing Solicitor to complete the legal requirements for you in a transfer of equity.

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

A Georgia general warranty deed is used by a seller (grantor) of property to transfer and guarantee title to a buyer (grantee). This type of deed includes a guarantee from the seller that he or she owns the property free and clear and has the legal authority to sell the property.

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.

Georgia Gift Deed Information. Gift deeds convey title to real property from one party to another with no exchange of consideration, monetary or otherwise. Often used to transfer property between family members or to gift property as a charitable act or donation, these conveyances occur during the grantor's lifetime.

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A grant deed is used when a person who is on the current deed transfers ownership or adds a name to a deed. Chapter 1 - Updated Georgia Code hyperlinks.Chapter 2 – Updated American Association of State. Resolution Accepting a Warranty Deed Conveying Property from Adams. East Development Company, LLC, to Adams County for Right-of-Way. Purposes. ATLANTA, GA -- A Fulton County Superior Court Jury has found Casey Battle, 21, guilty in the death of an Atlanta rapper. Corporation, individual or any other group or entity. Our dependable appliances are engineered to be durable and have a 10-year limited parts warranty. Notice out-of-date information or see a program you work for? Electrolux washers and dryers feature new clean and care technology that help your clothes and fabrics last longer – reducing your impact on the environment.

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South Fulton Georgia Warranty Deed from Corporation to Individual