Wake North Carolina General Warranty Deed from Corporation to Individual

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• County: Wake
• Control #: NC-011-78
• Format: Word; Rich Text

Description

This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee 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 Wake North Carolina General Warranty Deed from Corporation to Individual is a legal document used to transfer ownership of property from a corporation to an individual in Wake County, North Carolina. This type of deed provides certain assurances and protections for the buyer (individual) as it guarantees that the property is free of any encumbrances or defects in title. In Wake County, North Carolina, there are two variants of General Warranty Deed from Corporation to Individual that are commonly used: 1. Wake North Carolina General Warranty Deed with Full Covenants: This type of deed guarantees that the corporation (granter) holds clear and marketable title to the property being transferred. It affirms that the granter has the right to convey the property and warrants the defense of title against any claims that may arise, even if they originated before the corporate ownership. 2. Wake North Carolina General Warranty Deed with Limited Covenants: This variant provides a slightly lesser level of protection compared to the full covenants deed. While the granter still guarantees clear title, they may limit the extent of their liability or warranty. This type of deed is often used when the corporation may have limited knowledge or control over the property's history. Regardless of the specific type, a Wake North Carolina General Warranty Deed from Corporation to Individual typically includes essential information such as the names and addresses of the granter (corporation) and grantee (individual), a legal description of the property being transferred, any relevant exemptions or exceptions to the warranty, and the signatures of both parties involved. Additionally, the deed must be properly notarized and recorded in the Wake County Register of Deeds office to be legally enforceable. By using the keywords "Wake North Carolina General Warranty Deed from Corporation to Individual" in your search, you will find detailed information, templates, and resources related to these types of property transfers in Wake County, North Carolina. It is important to consult with a legal professional or real estate attorney to ensure the accuracy and validity of the deed specific to your situation.

A Wake North Carolina General Warranty Deed from Corporation to Individual is a legal document used to transfer ownership of property from a corporation to an individual in Wake County, North Carolina. This type of deed provides certain assurances and protections for the buyer (individual) as it guarantees that the property is free of any encumbrances or defects in title. In Wake County, North Carolina, there are two variants of General Warranty Deed from Corporation to Individual that are commonly used: 1. Wake North Carolina General Warranty Deed with Full Covenants: This type of deed guarantees that the corporation (granter) holds clear and marketable title to the property being transferred. It affirms that the granter has the right to convey the property and warrants the defense of title against any claims that may arise, even if they originated before the corporate ownership. 2. Wake North Carolina General Warranty Deed with Limited Covenants: This variant provides a slightly lesser level of protection compared to the full covenants deed. While the granter still guarantees clear title, they may limit the extent of their liability or warranty. This type of deed is often used when the corporation may have limited knowledge or control over the property's history. Regardless of the specific type, a Wake North Carolina General Warranty Deed from Corporation to Individual typically includes essential information such as the names and addresses of the granter (corporation) and grantee (individual), a legal description of the property being transferred, any relevant exemptions or exceptions to the warranty, and the signatures of both parties involved. Additionally, the deed must be properly notarized and recorded in the Wake County Register of Deeds office to be legally enforceable. By using the keywords "Wake North Carolina General Warranty Deed from Corporation to Individual" in your search, you will find detailed information, templates, and resources related to these types of property transfers in Wake County, North Carolina. It is important to consult with a legal professional or real estate attorney to ensure the accuracy and validity of the deed specific to your situation.