This Warranty Deed from Corporation to Two Individuals form is a Warranty Deed where the Grantor is a corporation and the Grantees are two individuals. Grantors conveys and warrants the described property to Grantees 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 Savannah Georgia Warranty Deed from a Corporation to Two Individuals is a legal document that transfers ownership of real estate property from a corporation to two individuals, ensuring that the property is free from any claims or encumbrances. This type of deed provides a guarantee that the corporation has full legal authority to transfer the property and will defend against any future claims. In Savannah, Georgia, there are two commonly used types of warranty deeds from a corporation to two individuals: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the buyer. It ensures that the corporation guarantees a clear title, free from any defects or claims, both present and future. In addition, the corporation is responsible for defending the buyer’s title against any claims that may arise. 2. Special Warranty Deed: This type of warranty deed provides a more limited warranty. The corporation only guarantees that it has not caused any defects in title during its ownership of the property. It does not protect against any claims that may arise prior to the corporation's ownership. The Savannah Georgia Warranty Deed from a Corporation to Two Individuals typically includes several key components: 1. Parties involved: The names and legal descriptions of the corporation transferring the property to two individuals will be explicitly mentioned. 2. Property description: The warranty deed will provide an accurate legal description of the property, including its boundaries, to avoid any ambiguity. 3. Consideration: The warranty deed will mention the amount or consideration agreed upon for the transfer of the property, often stated as either a monetary value or "for love and affection." 4. Covenants: The deed will outline the warranties and covenants made by the corporation, ensuring that it has full authority to convey the property and will defend against any claims or encumbrances. 5. Signatures and acknowledgment: It is essential that the warranty deed is signed by authorized representatives of the corporation and the two individuals. These signatures need to be notarized to validate the deed. It is important to consult with a qualified attorney or real estate professional when dealing with a Savannah Georgia Warranty Deed from a Corporation to Two Individuals. They can provide specific guidance based on the individual circumstances and ensure that all legal requirements are met.
