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 Lansing Michigan Warranty Deed from Corporation to Two Individuals is a legal document that grants ownership of a property or real estate from a corporation to two individuals, ensuring that the property is free from any encumbrances or claims. This type of deed signifies the corporation's intention to transfer their interest in the property to the two individuals, and it provides a guarantee of title protection to the new owners. There are several variations or types of Lansing Michigan Warranty Deeds that may be applicable to a transfer from a corporation to two individuals. Some of these include: 1. General Warranty Deed: This type of deed guarantees the highest level of protection to the new owners, as it guarantees the title against any and all possible claims. It includes covenants like the covenant of basin (the granter owns the property), the covenant of quiet enjoyment (the grantee will not be disturbed in possession of the property), and the covenant of warranty (the granter will defend against any claims). 2. Special Warranty Deed: This type of deed also guarantees title protection, but only for claims that arise during the granter's ownership period. It does not cover any potential claims or issues that may have existed prior to the corporation's ownership. 3. Quitclaim Deed: A quitclaim deed transfers any interest or claim that the corporation may have in the property to the two individuals without any guarantee or warranties. It is often used in situations where the transfer of property is based on relationships or without any monetary consideration. In each type of Lansing Michigan Warranty Deed from Corporation to Two Individuals, certain essential elements must be included. These elements usually include the names of the granter (corporation) and the grantees (two individuals), a clear legal description of the property, the consideration (usually the purchase price or any other agreed-upon exchange), and the signature of the authorized corporate representatives. It is crucial to consult with legal professionals or experts who specialize in real estate transactions to ensure that the specific wording and requirements of each type of warranty deed are met accurately. Additionally, it is recommended to research and comply with the relevant laws and regulations in Lansing, Michigan, to ensure a legally binding and valid transfer of property.A Lansing Michigan Warranty Deed from Corporation to Two Individuals is a legal document that grants ownership of a property or real estate from a corporation to two individuals, ensuring that the property is free from any encumbrances or claims. This type of deed signifies the corporation's intention to transfer their interest in the property to the two individuals, and it provides a guarantee of title protection to the new owners. There are several variations or types of Lansing Michigan Warranty Deeds that may be applicable to a transfer from a corporation to two individuals. Some of these include: 1. General Warranty Deed: This type of deed guarantees the highest level of protection to the new owners, as it guarantees the title against any and all possible claims. It includes covenants like the covenant of basin (the granter owns the property), the covenant of quiet enjoyment (the grantee will not be disturbed in possession of the property), and the covenant of warranty (the granter will defend against any claims). 2. Special Warranty Deed: This type of deed also guarantees title protection, but only for claims that arise during the granter's ownership period. It does not cover any potential claims or issues that may have existed prior to the corporation's ownership. 3. Quitclaim Deed: A quitclaim deed transfers any interest or claim that the corporation may have in the property to the two individuals without any guarantee or warranties. It is often used in situations where the transfer of property is based on relationships or without any monetary consideration. In each type of Lansing Michigan Warranty Deed from Corporation to Two Individuals, certain essential elements must be included. These elements usually include the names of the granter (corporation) and the grantees (two individuals), a clear legal description of the property, the consideration (usually the purchase price or any other agreed-upon exchange), and the signature of the authorized corporate representatives. It is crucial to consult with legal professionals or experts who specialize in real estate transactions to ensure that the specific wording and requirements of each type of warranty deed are met accurately. Additionally, it is recommended to research and comply with the relevant laws and regulations in Lansing, Michigan, to ensure a legally binding and valid transfer of property.