Fulton Georgia Warranty Deed from two Individuals to Corporation

State:
Georgia
County:
Fulton
Control #:
GA-05-78
Format:
Word; 
Rich Text
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Description

This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant 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 Fulton Georgia Warranty Deed from two Individuals to Corporation is a legal document used to transfer ownership of real estate property located in Fulton County, Georgia, from two individuals (the granters) to a corporation (the grantee). This type of deed guarantees that the granters have legal ownership and the right to transfer the property and assures the grantee that the title is clear and free from any undisclosed liens or encumbrances. The Fulton Georgia Warranty Deed must mention specific details such as the names and addresses of the granters and the corporation, a detailed description of the property being transferred, and the consideration paid for the property. It needs to be signed and notarized by both granters, indicating their agreement to transfer the property to the corporation. There are several variations of the Fulton Georgia Warranty Deed from two Individuals to Corporation depending on the circumstances: 1. General Warranty Deed: This type of deed provides the highest level of protection for the grantee as it guarantees the property's title against all past and future claims, regardless of who caused them. 2. Special Warranty Deed: Unlike the general warranty deed, the special warranty deed only guarantees the title against claims or liens that may have arisen during the granter's ownership of the property. It does not protect against claims before the granter's ownership. 3. Quitclaim Deed: This type of deed conveys the granter's interest in the property without any warranties or guarantees. It does not ensure that the granter has clear ownership or that the property is free from any liens or encumbrances. While it provides the least protection for the grantee, it can still be used in specific cases. In conclusion, a Fulton Georgia Warranty Deed from two Individuals to Corporation is an important legal document that facilitates the transfer of property ownership. It provides various levels of protection to the grantee, depending on the type of warranty deed chosen. Whether it is a general warranty deed, special warranty deed, or quitclaim deed, these instruments play a crucial role in ensuring a lawful and secure transfer of real estate in Fulton County, Georgia.

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General Warranty Deed forms are under FEES AND FORMS. Warranty Deeds require a PT-61 and payment of transfer tax at the time of recording unless exempt; O.C.G.A. §48-6-1; §48-6-2. PT-61's are available online. Forms must be completed online, printed and submitted with deed at the time of recording.

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.

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.

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 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.

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.

An Arkansas warranty deed?sometimes called a general warranty deed?transfers real estate with complete warranty of title. The current owner guarantees a good, clear title, and the guarantee covers the property's entire chain of title.

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

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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Copy of most recently recorded deed to property showing current ownership. Warranty Deed -a deed in which granter warrants good clear title.Click on the Establish Service link below and fill out the online application. Check made out to "Recorder of Deeds"? Responsibilities. Kelly Hall. A quitclaim deed is different from a warranty deed for real property. How do you fill out a deed? We are a tow truck towing company located in Metro Atlanta, GA area. Aspiring rapper Jerome Blake, 28, was caught in the. Warranty Deed; Tax Record; Insurance Binder.

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Fulton Georgia Warranty Deed from two Individuals to Corporation