This form is a Warranty Deed where the grantor is a corporation and the grantee is a corporation. Upon ordering, you may download the form in Word, Rich Text or Wordperfect formats.
A Warranty Deed is a legal document that is used in Indianapolis, Indiana, to transfer ownership of real property from one corporation to another. It is commonly referred to as a deed because it represents the transfer of a property deed from the granter (the corporation selling or transferring the property) to the grantee (the corporation purchasing or receiving the property). The Indianapolis Indiana Warranty Deed from Corporation to Corporation ensures that the property being transferred is free from any encumbrances, liens, or claims against it. This means that the transferring corporation guarantees that the property is in good condition and that they have the legal authority to sell or transfer it. There are different types of Warranty Deeds that can be used in Indianapolis, Indiana, for a transfer of property from one corporation to another: 1. General Warranty Deed: This is the most comprehensive type of deed that provides the highest level of protection for the grantee. The transferring corporation guarantees that they have the legal right to sell the property and that there are no undisclosed defects or claims against it. 2. Limited Warranty Deed: This type of deed offers a lesser level of protection compared to the General Warranty Deed. The transferring corporation guarantees that they have not caused any defects or encumbrances on the property during their ownership, but they do not guarantee against any defects or claims that may have arisen before their ownership. 3. Special Warranty Deed: This type of deed provides even less protection compared to the Limited Warranty Deed. The transferring corporation guarantees that they have not caused any defects or encumbrances on the property during their ownership, but they do not provide any warranties against defects or claims that may have existed before their ownership. In all types of Indianapolis Indiana Warranty Deeds from Corporation to Corporation, the document will include the names of the transferring and receiving corporations, a legal description of the property being transferred, the purchase price or consideration for the transfer, and the signatures of authorized representatives from both corporations. It may also include any additional clauses or conditions agreed upon by the parties involved in the transfer. It is important to note that the specific requirements and regulations for Indianapolis Indiana Warranty Deeds from Corporation to Corporation may vary, and it is always advisable to consult with a qualified attorney or real estate professional to ensure compliance with local laws and regulations.
