Boston Massachusetts Warranty Deed from Corporation to Two Individuals

State:
Massachusetts
City:
Boston
Control #:
MA-014-78
Format:
Word; 
Rich Text
Instant download

Description

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 Boston Massachusetts Warranty Deed from Corporation to Two Individuals refers to a legal document that conveys ownership of a property from a corporation to two individuals. This type of deed ensures that the corporation guarantees the title to the property and will defend it against any claims or disputes. It provides a level of protection for the individuals receiving the property, assuring them that they are receiving a clear and marketable title. In the state of Massachusetts, there are generally two types of warranty deeds: General Warranty Deed and Limited Warranty Deed. The General Warranty Deed provides the highest level of protection to the grantee (the two individuals in this case) as it includes covenants that protect against any defects that may have occurred throughout the entire chain of title, even before the corporation took ownership. On the other hand, the Limited Warranty Deed only guarantees against any defects that occurred during the time the corporation owned the property, and it does not cover any possible issues that may have originated from previous owners. In a Boston Massachusetts Warranty Deed from Corporation to Two Individuals, the document should include specific information such as: 1. Names and addresses of the corporation and the two individuals involved. 2. A legal description of the property, including the lot of number, block number, and any other relevant identifiers. 3. A statement declaring the corporation's intention to convey ownership of the property to the two individuals. 4. The consideration for the transfer, which is usually the agreed-upon purchase price or any other mutually acceptable arrangement. 5. The corporation's confirmation that it is the legal owner of the property and has the authority to transfer the title. 6. Covenants and guarantees provided by the corporation, promising that the title is clear, free from any encumbrances, and that the corporation will defend against any future claims. 7. The signatures of authorized representatives of both the corporation and the two individuals, accompanied by a notary public's acknowledgment. 8. Dates of execution and recording of the deed. It is important to note that while this description provides a general overview of a Boston Massachusetts Warranty Deed from Corporation to Two Individuals, individuals should consult with a legal professional or use appropriate forms to ensure compliance with the specific legal requirements and regulations in Massachusetts.

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FAQ

B. The general warranty deed provides the buyer with the greatest protection. A bargain and sale deed carries no warranties against liens or other encumbrances, but assures that the grantor has the right to sell or convey the property.

A Massachusetts quit claim deed is used to legally transfer land and buildings in Massachusetts from a grantor (seller) to a grantee (buyer). A quit claim deed is different from a warranty deed in that it does not provide any warranty as to whether or not the title is clear before the grantor bought the property.

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.

12. Who benefits the most from recording a warranty deed? D. Explanation: The grantee is the one who has acquired an interest in the land, and she is the one who benefits the most from recording the deed to provide constructive (legal) notice of that interest.

What Is a Quitclaim Deed in Massachusetts? A Massachusetts quitclaim deed ? comparable to special warranty deeds in other states ? is a document used to legally transfer property and buildings from one party to another, such as a seller and buyer.

Document must be signed with an original signature and notarized if required. Signers' and notaries' names must be printed under the signature. Notary expiration date is required. Do not put social security numbers or personal identification numbers on any recorded document.

The quitclaim deed is the most commonly used deed in the purchase and sale of residential property in Massachusetts. It plays a fundamental role in the types of assurances the seller makes when transferring its rights, and in how the buyer takes title.

Fiduciary or Release Deed When a fiduciary deed is used in Massachusetts, the seller is conveying merely the interest he legally has in the property to the buyer, if he has anything at all. Through a fiduciary deed, there is no guarantee that the seller even has an interest.

In Massachusetts, the grantor must sign in the presence of a notary and the deed must be immediately filed by the grantee with the registry of deeds in the county in which the property is located.

In Massachusetts, there are three types of property deeds used for real estate transactions: warranty deeds, quitclaim deeds and release deeds. Each type of deed offers varying levels of protection and guarantees against flaws in the title of the transferred real estate.

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A quitclaim deed releases a person's interest in a property without stating the nature of the person's interest or rights, and with no warranties of ownership. 167 records — She was born in Boston, Mass.5 Post Office Square. Suite 100 (OSRR07-2). These individuals shall reside in the San Francisco Bay. Area. Since 1978, D.R. Horton has consistently delivered top-quality new homes to homebuyers across the nation and maintained our commitment to excellence. Our luxury award-winning hotels and resorts worldwide. Mandarin Oriental hotels offer world-class accommodations, spas and fine dining experiences. Use your AAA membership to get hotel discounts, air discounts and car rental discounts. Also, check out the best AAA Diamond rated hotels and restaurants.

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Boston Massachusetts Warranty Deed from Corporation to Two Individuals