This Warranty Deed from Husband and Wife to Corporation form is a Warranty Deed where the grantors are husband and wife and the grantee is a corporation. Grantors warrant and convey the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
Lee's Summit Missouri Warranty Deed from Husband and Wife to Corporation is a legal document that facilitates the transfer of property ownership from a married couple to a corporation. This type of deed ensures that the corporation receives a guarantee of clear and marketable title to the property, free from any liens or encumbrances. In Lee's Summit, Missouri, there are two main types of Warranty Deeds from Husband and Wife to Corporation that are commonly used: 1. General Warranty Deed: This type of deed provides the highest level of protection for the buyer, as it guarantees that the sellers (the husband and wife) legally own the property and have the right to transfer its ownership. It also ensures that there are no undisclosed claims or issues that would affect the corporation's ownership rights. The general warranty deed includes covenants of title that protect the buyer against any future claims or defects on the property. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a limited warranty of title. It guarantees that the sellers (the husband and wife) have not caused any encumbrances on the property during their ownership. While it still ensures the corporation receives a clear and marketable title, it does not protect against any claims or defects that existed before the sellers acquired the property. In both cases, the Lee's Summit Missouri Warranty Deed from Husband and Wife to Corporation must include essential details such as: — Names and addresses of the husband and wife (the granters) transferring the property to the corporation (the grantee). — Detailed legal description of the property, including boundaries and any improvements present. — Statement indicating the full consideration or value exchanged for the transfer of ownership. — Clear identification of the corporation as the new owner of the property. — Signatures from both the husband and wife in the presence of a notary public. It is crucial that individuals seeking to transfer property using a Warranty Deed consult with a qualified real estate attorney or legal professional to ensure compliance with all relevant laws and regulations specific to Lee's Summit, Missouri.Lee's Summit Missouri Warranty Deed from Husband and Wife to Corporation is a legal document that facilitates the transfer of property ownership from a married couple to a corporation. This type of deed ensures that the corporation receives a guarantee of clear and marketable title to the property, free from any liens or encumbrances. In Lee's Summit, Missouri, there are two main types of Warranty Deeds from Husband and Wife to Corporation that are commonly used: 1. General Warranty Deed: This type of deed provides the highest level of protection for the buyer, as it guarantees that the sellers (the husband and wife) legally own the property and have the right to transfer its ownership. It also ensures that there are no undisclosed claims or issues that would affect the corporation's ownership rights. The general warranty deed includes covenants of title that protect the buyer against any future claims or defects on the property. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed provides a limited warranty of title. It guarantees that the sellers (the husband and wife) have not caused any encumbrances on the property during their ownership. While it still ensures the corporation receives a clear and marketable title, it does not protect against any claims or defects that existed before the sellers acquired the property. In both cases, the Lee's Summit Missouri Warranty Deed from Husband and Wife to Corporation must include essential details such as: — Names and addresses of the husband and wife (the granters) transferring the property to the corporation (the grantee). — Detailed legal description of the property, including boundaries and any improvements present. — Statement indicating the full consideration or value exchanged for the transfer of ownership. — Clear identification of the corporation as the new owner of the property. — Signatures from both the husband and wife in the presence of a notary public. It is crucial that individuals seeking to transfer property using a Warranty Deed consult with a qualified real estate attorney or legal professional to ensure compliance with all relevant laws and regulations specific to Lee's Summit, Missouri.