Cambridge Massachusetts Warranty Deed from Husband and Wife to Corporation

• Category: Massachusetts Real Estate - Deeds - Warranty
• State: Massachusetts
• City: Cambridge
• Control #: MA-08-78
• Format: Word; Rich Text

Description

This Warranty Deed from Husband and Wife to Corporation form is a Warranty Deed where the grantors are husband and wife and the grantee is a corporation. Grantors warrant and convey the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. A Cambridge Massachusetts Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of real estate from a married couple to a corporation with a guarantee that the property is free from any defects in title. This type of deed provides the highest level of protection for the buyer, ensuring that the property is transferred with a clear title. In Cambridge, Massachusetts, there are two common types of Warranty Deeds from Husband and Wife to Corporation: 1. General Warranty Deed: This deed guarantees that the property is free of any defects in title that may have occurred at any point in the chain of ownership. It provides the broadest level of protection to the buyer, as it covers both known and unknown issues that may arise. 2. Limited Warranty Deed: Unlike a General Warranty Deed, a Limited Warranty Deed only guarantees that the property is free from defects during the time the seller owned it. This means that the seller only assumes responsibility for any issues that arose during their ownership and not before. It offers a more limited level of protection to the buyer. When preparing a Cambridge Massachusetts Warranty Deed from Husband and Wife to Corporation, certain essential details should be included: 1. Parties Involved: The names and addresses of both the husband and wife (as granters) and the corporation (as the grantee) must be clearly stated in the deed. 2. Property Description: The deed should contain a comprehensive and accurate description of the property being transferred, including its address and any legal descriptions or identifying numbers (such as lot numbers or parcel numbers). 3. Consideration: The agreed-upon consideration (usually monetary value) for the transfer of the property should be specified in the deed. 4. Granting Clause: This clause explicitly states the intention of the granters to convey the property to the grantee and ensures the transfer of ownership. 5. Warranty and Covenants: The deed should include specific warranty and covenant statements indicating that the husband and wife are transferring the property with a clear title and assuming responsibility for any defects that may arise. 6. Signatures and Notarization: The deed must be signed by both the husband and wife in the presence of a notary public, whose stamp or seal should be affixed to validate the signatures. When executing a Cambridge Massachusetts Warranty Deed from Husband and Wife to Corporation, it is crucial to consult with a reliable attorney to ensure compliance with all legal requirements and to address any specific circumstances related to the property transfer.

A Cambridge Massachusetts Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of real estate from a married couple to a corporation with a guarantee that the property is free from any defects in title. This type of deed provides the highest level of protection for the buyer, ensuring that the property is transferred with a clear title. In Cambridge, Massachusetts, there are two common types of Warranty Deeds from Husband and Wife to Corporation: 1. General Warranty Deed: This deed guarantees that the property is free of any defects in title that may have occurred at any point in the chain of ownership. It provides the broadest level of protection to the buyer, as it covers both known and unknown issues that may arise. 2. Limited Warranty Deed: Unlike a General Warranty Deed, a Limited Warranty Deed only guarantees that the property is free from defects during the time the seller owned it. This means that the seller only assumes responsibility for any issues that arose during their ownership and not before. It offers a more limited level of protection to the buyer. When preparing a Cambridge Massachusetts Warranty Deed from Husband and Wife to Corporation, certain essential details should be included: 1. Parties Involved: The names and addresses of both the husband and wife (as granters) and the corporation (as the grantee) must be clearly stated in the deed. 2. Property Description: The deed should contain a comprehensive and accurate description of the property being transferred, including its address and any legal descriptions or identifying numbers (such as lot numbers or parcel numbers). 3. Consideration: The agreed-upon consideration (usually monetary value) for the transfer of the property should be specified in the deed. 4. Granting Clause: This clause explicitly states the intention of the granters to convey the property to the grantee and ensures the transfer of ownership. 5. Warranty and Covenants: The deed should include specific warranty and covenant statements indicating that the husband and wife are transferring the property with a clear title and assuming responsibility for any defects that may arise. 6. Signatures and Notarization: The deed must be signed by both the husband and wife in the presence of a notary public, whose stamp or seal should be affixed to validate the signatures. When executing a Cambridge Massachusetts Warranty Deed from Husband and Wife to Corporation, it is crucial to consult with a reliable attorney to ensure compliance with all legal requirements and to address any specific circumstances related to the property transfer.