A Charlotte North Carolina General Warranty Deed from Corporation to Two Individuals is a legal document that transfers ownership of real estate property from a corporation to two individuals. This type of deed guarantees the transfer of title is free from any claims or encumbrances, and the corporation warrants that it has the lawful authority to convey the property. The deed includes essential information such as the names of the corporation as the granter, the two individuals as the grantees, and a clear description of the property being transferred. The property description should be detailed enough to accurately identify the boundaries and location of the land. There are various types of Charlotte North Carolina General Warranty Deeds from Corporation to Two Individuals, each serving different purposes: 1. Special Warranty Deed: This deed guarantees that the corporation owns the property and has the right to sell it. However, it only protects against claims that arose during the corporation's ownership and not claims from previous owners. 2. Quitclaim Deed: This type of deed does not provide any warranties or guarantees. It merely transfers any interest or claim that the corporation may have in the property to the two individuals. It does not guarantee the absence of any liens, encumbrances, or defects in title. 3. Bargain and Sale Deed: This deed transfers ownership of the property without providing any warranties or guarantees. It implies that the corporation has the right to sell the property, but it does not protect against any claims or encumbrances. Regardless of the specific type of General Warranty Deed used, it is crucial for both the corporation and the two individuals to ensure that the deed is properly executed, notarized, and recorded in the appropriate county office. This final step of recording the deed ensures that the transfer of ownership is legally binding and properly documented.
Charlotte North Carolina General Warranty Deed from Corporation to Two Individuals
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Recording and Document Fees Document TypeFee DetailsDeeds of Trust and Mortgages$64 first 35 pages $4 each additional pageAmendment to Deed of Trust$26 first 15 pages $4 each additional pageAll other Documents / Instruments / Assumed Name (DBA)$26 first 15 pages $4 each additional page3 more rows
A General Warranty Deed is a deed in which the party conveying the property (the ?Grantor?) warrants and guarantees to the party receiving the conveyance (the ?Grantee?) that the title to the property he is conveying is good and unencumbered as against all persons.
A General Warranty Deed is a deed in which the party conveying the property (the ?Grantor?) warrants and guarantees to the party receiving the conveyance (the ?Grantee?) that the title to the property he is conveying is good and unencumbered as against all persons.
A deed, of course, is a legal document representing property ownership. But you might be wondering if an owner can transfer a deed to another person without a real estate lawyer. The answer is yes. Parties to a transaction are always free to prepare their own deeds.
A general warranty deed protects the grantee against any title defects or claims arising at any point in time. Whereas, a special warranty deed only protects the grantee against title defects arising from the actions or omissions of the grantor during its ownership.
Signing (N.C.G.S.A. § 47-38) ? All quit claim deeds are required to be signed with the Grantor(s) being witnessed by a Notary Public.
To be validly registered pursuant to G.S. 47-20, a deed of trust or mortgage of real property must be registered in the county where the land lies, or if the land is located in more than one county, then the deed of trust or mortgage must be registered in each county where any portion of the land lies in order to be
Can I prepare my own deed and have it recorded? North Carolina law allows you to prepare a Deed of Conveyance for any real property to which you have legal title. However, the conveyance of real property is a legal matter that should be given under and with the advise of legal counsel.
A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.