Cary North Carolina General Warranty Deed from Corporation to Husband and Wife

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• City: Cary
• Control #: NC-010-78
• Format: Word; Rich Text

Description

This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor 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 applicable state statutory laws. A Cary North Carolina General Warranty Deed from Corporation to Husband and Wife is a legal document that represents the transfer of ownership of a property from a corporation to a married couple in Cary, North Carolina. This deed provides a guarantee to the husband and wife that the property is free from any encumbrances, claims, or defects in the title, except those mentioned explicitly in the deed. This type of deed is commonly used when a corporation decides to sell or transfer property to a married couple residing in Cary, North Carolina. It serves as a binding contract between the corporation (the granter) and the husband and wife (the grantees), ensuring that the property is being transferred with full ownership rights and without any undisclosed issues. Some important keywords relevant to this topic include "Cary North Carolina," "General Warranty Deed," "Corporation," "Husband and Wife," "Ownership Transfer," "Property," "Encumbrances," "Defects," and "Title Guarantee." There may be variations or specific types of Cary North Carolina General Warranty Deeds from Corporation to Husband and Wife, such as: 1. Joint Tenancy Deed: This type of deed grants equal ownership rights to both the husband and wife. If one spouse passes away, the surviving spouse automatically becomes the sole owner of the property. 2. Tenancy by the Entirety Deed: This form of deed is specific to married couples and offers unique benefits of asset protection and ownership rights. In the case of a divorce, this ownership type typically converts to a tenancy in common. 3. Community Property Deed: This type of deed is applicable for a married couple in a community property state like North Carolina. It designates the property as community property, meaning both spouses share equal ownership and have an undivided interest in the property. These varying types of deeds provide different legal implications and can be tailored based on the specific needs and preferences of the husband and wife. It is crucial for the couple to consult with legal professionals, such as a lawyer or a real estate expert, to understand the specific implications and requirements associated with each type of Cary North Carolina General Warranty Deed from Corporation to Husband and Wife.

A Cary North Carolina General Warranty Deed from Corporation to Husband and Wife is a legal document that represents the transfer of ownership of a property from a corporation to a married couple in Cary, North Carolina. This deed provides a guarantee to the husband and wife that the property is free from any encumbrances, claims, or defects in the title, except those mentioned explicitly in the deed. This type of deed is commonly used when a corporation decides to sell or transfer property to a married couple residing in Cary, North Carolina. It serves as a binding contract between the corporation (the granter) and the husband and wife (the grantees), ensuring that the property is being transferred with full ownership rights and without any undisclosed issues. Some important keywords relevant to this topic include "Cary North Carolina," "General Warranty Deed," "Corporation," "Husband and Wife," "Ownership Transfer," "Property," "Encumbrances," "Defects," and "Title Guarantee." There may be variations or specific types of Cary North Carolina General Warranty Deeds from Corporation to Husband and Wife, such as: 1. Joint Tenancy Deed: This type of deed grants equal ownership rights to both the husband and wife. If one spouse passes away, the surviving spouse automatically becomes the sole owner of the property. 2. Tenancy by the Entirety Deed: This form of deed is specific to married couples and offers unique benefits of asset protection and ownership rights. In the case of a divorce, this ownership type typically converts to a tenancy in common. 3. Community Property Deed: This type of deed is applicable for a married couple in a community property state like North Carolina. It designates the property as community property, meaning both spouses share equal ownership and have an undivided interest in the property. These varying types of deeds provide different legal implications and can be tailored based on the specific needs and preferences of the husband and wife. It is crucial for the couple to consult with legal professionals, such as a lawyer or a real estate expert, to understand the specific implications and requirements associated with each type of Cary North Carolina General Warranty Deed from Corporation to Husband and Wife.