Sandy Springs Georgia Warranty Deed from two Individuals to Corporation

State:
Georgia
City:
Sandy Springs
Control #:
GA-05-78
Format:
Word; 
Rich Text
Instant download

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 Sandy Springs Georgia Warranty Deed from two Individuals to Corporation is a legal document transferring ownership of real estate from two individuals to a corporation in Sandy Springs, Georgia. This type of transaction ensures that the property is transferred with a warranty, meaning the sellers (individuals) guarantee that they have clear and marketable title, free from any encumbrances or defects. One type of Sandy Springs Georgia Warranty Deed from two Individuals to Corporation is a General Warranty Deed. This type of deed provides the highest level of protection for the corporation, as it guarantees that the sellers have full authority to sell the property and that there are no hidden or undisclosed claims against it. The General Warranty Deed offers the corporation assurance that it will not encounter any legal issues regarding the property's ownership in the future. Another type of Sandy Springs Georgia Warranty Deed from two Individuals to Corporation is a Special Warranty Deed. Unlike the General Warranty Deed, the Special Warranty Deed only guarantees that the sellers have not caused any defects or encumbrances on the property during their ownership. It limits the sellers' liability to only their time of ownership, excluding any issues that may have existed before their ownership. The corporation should exercise extra caution while entering into such transactions, as it may have less protection compared to a General Warranty Deed. In both types of the Sandy Springs Georgia Warranty Deed from two Individuals to Corporation, specific keywords are important to understand the legal language and implications involved. Keywords such as "Sandy Springs Georgia," "Warranty Deed," "Individuals," "Corporation," "Transfer of Ownership," "Real Estate," "Encumbrances," "Defects," "Marketable Title," "General Warranty Deed," "Special Warranty Deed," and "Legal Protection" are relevant in comprehending the details of such a transaction. It is crucial for all parties involved to understand the terms and conditions of these deeds and seek appropriate legal advice before proceeding with the transfer of ownership.

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How to Write and File a Quitclaim Deed in Georgia Step 1 ? Obtain the Georgia Quitclaim Deed Form.Step 2 ? Fill out Form Details.Step 3 ? Write Deed Delivery Name and Address.Step 4 ? Enter Preparer's Name and Address.Step 5 ? Get Signatures and Have Deed Notarized.Step 6 ? Pay Real Estate Transfer Tax.

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.

Moving Forward Type of DocumentPrior Fee StructureNew FeeDeed of Transfer (e.g., Limited Warranty Deed, Quitclaim Deed)$10.00 for the first page, $2.00 for each add'l page$25.00Security Instrument or Modification of Security Instrument (e.g., Security Deed, ALR)$10.00 for the first page, $2.00 for each add'l page$25.006 more rows ?

All documents processed by the Fulton County Real Estate Division are processed within four weeks of receipt. Documents submitted via an eRecording vendor or GSCCCA are processed within 2-3 business days.

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.

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.

A quit claim deed can be used to transfer property or titles. Deeds can be used to transfer property or titles from a grantor (or seller) to a grantee (or buyer).

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Sandy Springs Georgia Warranty Deed from two Individuals to Corporation