A Hennepin Minnesota Warranty Deed from Corporation to Two Individuals is a legal document that transfers ownership of real estate from a corporation to two individuals in Hennepin County, Minnesota. This type of deed provides a guarantee, or warranty, that the corporation has legal ownership of the property and that it is free from any encumbrances or claims. There are a few different variations of the Hennepin Minnesota Warranty Deed from Corporation to Two Individuals, each of which caters to specific circumstances and requirements. These include: 1. General Warranty Deed: This type of deed ensures that the corporation guarantees clear title to the property, meaning there are no prior claims, liens, or encumbrances on the property. It offers the highest level of protection for the buyers. 2. Limited Warranty Deed: With this deed, the corporation guarantees clear title to the property, but only for the duration of their ownership. It does not cover any past or future claims that may arise from previous owners. 3. Special Warranty Deed: This deed provides a warranty that the corporation has not caused any title defects or encumbrances during their ownership. However, it does not cover any issues that may have existed prior to their ownership. When drafting a Hennepin Minnesota Warranty Deed from Corporation to Two Individuals, it is essential to include the following details: — The legal names and addresses of both the corporation and the two individuals receiving the property. — A clear and concise description of the property being transferred, including the address and any relevant legal descriptions. — A statement confirming that the corporation is the legal owner of the property and has the right to transfer it. — A warranty clause that guarantees the corporation's ownership of the property and ensures it is free from any claims or encumbrances, based on the chosen type of warranty deed. — Signatures of authorized representatives from both the corporation and the two individuals, along with the date of execution. — A notary acknowledgment section where a notary public verifies the identities and signatures of the parties involved. When preparing or reviewing a Hennepin Minnesota Warranty Deed from Corporation to Two Individuals, it is advisable to consult with a qualified real estate attorney to ensure all legal requirements are met and that the document accurately reflects the intentions of all parties involved.