This Warranty Deed from Individual to Corporation form is a Warranty Deed where the grantor is an individual and the grantee is a corporation. Grantor conveys and warrants the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
Ann Arbor Michigan Warranty Deed from Individual to Corporation is a legal document that signifies the transfer of property ownership rights from an individual to a corporate entity in Ann Arbor, Michigan. This deed serves as a legal guarantee, ensuring that the property being transferred is free from any encumbrances or claims, except those specifically mentioned in the deed. The Ann Arbor Michigan Warranty Deed from Individual to Corporation is a crucial legal instrument used when a property owner wishes to transfer their property to a corporation. By using this deed, the individual guarantees, warrants, and defends the title of the property being transferred to the corporation against any claims or legal disputes that may arise in the future. There are different types of Ann Arbor Michigan Warranty Deed from Individual to Corporation depending on the specific circumstances and needs of the parties involved. Some commonly known types include: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the corporation by guaranteeing the title against any claims or defects, even if they originated before the individual acquired the property. 2. Special Warranty Deed: This type of warranty deed guarantees the title against any claims, defects, or encumbrances that occurred during the individual's ownership, but not before. It provides a more limited protection compared to a general warranty deed. 3. Quitclaim Deed: While not specifically a warranty deed, a quitclaim deed is sometimes used when transferring property from an individual to a corporation. Unlike a warranty deed, a quitclaim deed does not provide any guarantees or warranties regarding the property's title. It simply transfers the ownership rights of the individual to the corporation. When considering an Ann Arbor Michigan Warranty Deed from Individual to Corporation, it is essential to consult a qualified real estate attorney or legal professional to ensure compliance with relevant laws and regulations. The type of warranty deed chosen should align with the specific circumstances and requirements of both the individual and the corporation involved in the property transfer.
