Wayne Michigan Warranty Deed from Corporation to Two Individuals

State:
Michigan
County:
Wayne
Control #:
MI-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 Wayne Michigan Warranty Deed from Corporation to Two Individuals is a legally binding document that transfers the ownership of real estate from a corporation to two individuals. It provides a guarantee or warranty that the corporation holds clear and marketable title to the property and has the authority to transfer it. Keywords: Wayne Michigan, Warranty Deed, Corporation, Two Individuals, real estate, ownership, guarantee, warranty, clear title, marketable title, authority, transfer. There are different types of Wayne Michigan Warranty Deed from Corporation to Two Individuals, including: 1. General Warranty Deed: This type of deed offers the highest level of protection to the buyer as it guarantees that the corporation has the right to sell the property and will defend the buyer against any claims on the title. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the corporation has not caused any title defects during the time it owned the property. It does not guarantee against any issues that may have occurred before the corporation acquired the property. 3. Quitclaim Deed: This type of deed provides the least amount of protection to the buyer as it essentially transfers whatever interest the corporation has in the property, without making any warranties or guarantees. It is often used in situations where there is an existing relationship between the corporation and the individuals, such as a transfer between family members or within a business partnership. 4. Limited Warranty Deed: A limited warranty deed is similar to a special warranty deed, except that it provides guarantees only for specific issues or encumbrances, such as those created by the corporation. 5. Bargain and Sale Deed: This type of deed simply transfers the property from the corporation to the individuals without making any warranties or guarantees. It implies that the corporation has some interest in the property but does not guarantee its validity or protect against any claims. In conclusion, a Wayne Michigan Warranty Deed from Corporation to Two Individuals is a legal document used to transfer real estate ownership from a corporation to two individuals, providing specific levels of protection, warranties, and guarantees depending on the type of deed chosen.

A Wayne Michigan Warranty Deed from Corporation to Two Individuals is a legally binding document that transfers the ownership of real estate from a corporation to two individuals. It provides a guarantee or warranty that the corporation holds clear and marketable title to the property and has the authority to transfer it. Keywords: Wayne Michigan, Warranty Deed, Corporation, Two Individuals, real estate, ownership, guarantee, warranty, clear title, marketable title, authority, transfer. There are different types of Wayne Michigan Warranty Deed from Corporation to Two Individuals, including: 1. General Warranty Deed: This type of deed offers the highest level of protection to the buyer as it guarantees that the corporation has the right to sell the property and will defend the buyer against any claims on the title. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the corporation has not caused any title defects during the time it owned the property. It does not guarantee against any issues that may have occurred before the corporation acquired the property. 3. Quitclaim Deed: This type of deed provides the least amount of protection to the buyer as it essentially transfers whatever interest the corporation has in the property, without making any warranties or guarantees. It is often used in situations where there is an existing relationship between the corporation and the individuals, such as a transfer between family members or within a business partnership. 4. Limited Warranty Deed: A limited warranty deed is similar to a special warranty deed, except that it provides guarantees only for specific issues or encumbrances, such as those created by the corporation. 5. Bargain and Sale Deed: This type of deed simply transfers the property from the corporation to the individuals without making any warranties or guarantees. It implies that the corporation has some interest in the property but does not guarantee its validity or protect against any claims. In conclusion, a Wayne Michigan Warranty Deed from Corporation to Two Individuals is a legal document used to transfer real estate ownership from a corporation to two individuals, providing specific levels of protection, warranties, and guarantees depending on the type of deed chosen.

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Wayne Michigan Warranty Deed from Corporation to Two Individuals