Charlotte North Carolina General Warranty Deed from Corporation to Corporation

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• City: Charlotte
• Control #: NC-013-78
• Format: Word; Rich Text

Description

This Warranty Deed from Corporation to Corporation form is a Warranty Deed where the Grantor is a corporation 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 Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws. A Charlotte North Carolina General Warranty Deed from Corporation to Corporation is a legal document that transfers ownership of real estate property between two corporations. This type of deed guarantees that the property is free of any encumbrances, except those specifically stated in the deed. The general warranty deed provides comprehensive protection to the buyer, known as the grantee, from any claims or legal issues that may arise in the future. The corporation selling the property, referred to as the granter, is responsible for defending the title against any third-party claims, even if they originated before the granter acquired the property. There are several types of Charlotte North Carolina General Warranty Deed from Corporation to Corporation that can be distinguished based on specific conditions or circumstances: 1. Special Warranty Deed: This type of deed provides limited warranty or guarantee only for the period when the granter owned the property. It does not cover any issues or claims that may have existed before the granter's ownership. 2. Quitclaim Deed: Unlike a general warranty deed, a quitclaim deed does not provide any warranties or guarantees. It simply transfers whatever interest the granter has in the property, without any assurances regarding title defects or encumbrances. 3. Bargain and Sale Deed: This type of deed transfers ownership of the property from the granter to the grantee, but does not provide any warranties or guarantees. It is commonly used in foreclosure or tax sale situations where the granter may not have complete knowledge or control over the property's history. 4. Executor's Deed: An executor's deed is used when the granter is an executor or personal representative of an estate transferring the property to a corporation. It typically includes language indicating that the granter has the legal authority to sell the property. 5. Trustee's Deed: A trustee's deed is used when the granter is a trustee of a trust and is transferring the property to a corporation. It includes language indicating that the trustee has the legal authority to sell the property on behalf of the trust. In conclusion, a Charlotte North Carolina General Warranty Deed from Corporation to Corporation is a legal document that facilitates the transfer of ownership of real estate property between two corporations, providing comprehensive warranties and guarantees from the granter to the grantee. Different types of these deeds exist, including special warranty deeds, quitclaim deeds, bargain and sale deeds, executor's deeds, and trustee's deeds.

A Charlotte North Carolina General Warranty Deed from Corporation to Corporation is a legal document that transfers ownership of real estate property between two corporations. This type of deed guarantees that the property is free of any encumbrances, except those specifically stated in the deed. The general warranty deed provides comprehensive protection to the buyer, known as the grantee, from any claims or legal issues that may arise in the future. The corporation selling the property, referred to as the granter, is responsible for defending the title against any third-party claims, even if they originated before the granter acquired the property. There are several types of Charlotte North Carolina General Warranty Deed from Corporation to Corporation that can be distinguished based on specific conditions or circumstances: 1. Special Warranty Deed: This type of deed provides limited warranty or guarantee only for the period when the granter owned the property. It does not cover any issues or claims that may have existed before the granter's ownership. 2. Quitclaim Deed: Unlike a general warranty deed, a quitclaim deed does not provide any warranties or guarantees. It simply transfers whatever interest the granter has in the property, without any assurances regarding title defects or encumbrances. 3. Bargain and Sale Deed: This type of deed transfers ownership of the property from the granter to the grantee, but does not provide any warranties or guarantees. It is commonly used in foreclosure or tax sale situations where the granter may not have complete knowledge or control over the property's history. 4. Executor's Deed: An executor's deed is used when the granter is an executor or personal representative of an estate transferring the property to a corporation. It typically includes language indicating that the granter has the legal authority to sell the property. 5. Trustee's Deed: A trustee's deed is used when the granter is a trustee of a trust and is transferring the property to a corporation. It includes language indicating that the trustee has the legal authority to sell the property on behalf of the trust. In conclusion, a Charlotte North Carolina General Warranty Deed from Corporation to Corporation is a legal document that facilitates the transfer of ownership of real estate property between two corporations, providing comprehensive warranties and guarantees from the granter to the grantee. Different types of these deeds exist, including special warranty deeds, quitclaim deeds, bargain and sale deeds, executor's deeds, and trustee's deeds.