This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor 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 applicable state statutory laws.
A Wayne Michigan Warranty Deed from Corporation to Husband and Wife is a legal document that transfers ownership of a property from a corporation to a married couple, providing a guarantee that the corporation holds clear title to the property and is transferring it without any encumbrances. This type of deed ensures that the husband and wife receive absolute ownership rights and protection against any future claims or disputes related to the property. In Wayne, Michigan, there are two main types of Warranty Deeds that may be used in the transfer of property from a corporation to a husband and wife: 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyer (the husband and wife) by guaranteeing that the corporation holds clear title to the property, and also ensuring that the corporation will defend the buyers against any claims made by third parties regarding the property's title. The General Warranty Deed includes covenants such as the Covenant of Basin (guaranteeing the corporation's ownership and right to transfer), the Covenant of Quiet Enjoyment (ensuring the buyers' undisturbed use and enjoyment of the property), and the Covenant Against Encumbrances (defending against any undisclosed liens or encumbrances). 2. Special Warranty Deed: This type of deed provides a slightly lesser level of protection compared to a General Warranty Deed. It guarantees that the corporation holds clear title to the property and will only defend the buyers against claims arising from the corporation's own actions or omissions during its ownership of the property. The Special Warranty Deed does not cover any potential title issues that may have occurred before the corporation acquired the property. Both the General Warranty Deed and the Special Warranty Deed are important legal instruments that ensure a smooth ownership transfer process from a corporation to a husband and wife in Wayne, Michigan. By using these types of deeds, the husband and wife can have peace of mind knowing that they are receiving a property with a clear title, free from any undisclosed encumbrances or title defects.A Wayne Michigan Warranty Deed from Corporation to Husband and Wife is a legal document that transfers ownership of a property from a corporation to a married couple, providing a guarantee that the corporation holds clear title to the property and is transferring it without any encumbrances. This type of deed ensures that the husband and wife receive absolute ownership rights and protection against any future claims or disputes related to the property. In Wayne, Michigan, there are two main types of Warranty Deeds that may be used in the transfer of property from a corporation to a husband and wife: 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyer (the husband and wife) by guaranteeing that the corporation holds clear title to the property, and also ensuring that the corporation will defend the buyers against any claims made by third parties regarding the property's title. The General Warranty Deed includes covenants such as the Covenant of Basin (guaranteeing the corporation's ownership and right to transfer), the Covenant of Quiet Enjoyment (ensuring the buyers' undisturbed use and enjoyment of the property), and the Covenant Against Encumbrances (defending against any undisclosed liens or encumbrances). 2. Special Warranty Deed: This type of deed provides a slightly lesser level of protection compared to a General Warranty Deed. It guarantees that the corporation holds clear title to the property and will only defend the buyers against claims arising from the corporation's own actions or omissions during its ownership of the property. The Special Warranty Deed does not cover any potential title issues that may have occurred before the corporation acquired the property. Both the General Warranty Deed and the Special Warranty Deed are important legal instruments that ensure a smooth ownership transfer process from a corporation to a husband and wife in Wayne, Michigan. By using these types of deeds, the husband and wife can have peace of mind knowing that they are receiving a property with a clear title, free from any undisclosed encumbrances or title defects.
