Winston–Salem North Carolina General Warranty Deed from Individual to a Trust

State:
North Carolina
City:
Winston–Salem
Control #:
NC-015-77
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty Deed where the grantor is an individual and the grantee is a trust. Grantor conveys and warrant the described property to trustee of trust 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 Winston-Salem North Carolina General Warranty Deed from an individual to a trust is a legal document used to transfer real estate property from an individual (the granter) to a trust (the grantee). This type of deed provides a guarantee to the grantee that the granter has full ownership rights to the property and that there are no hidden encumbrances or title issues. Keywords: Winston-Salem North Carolina General Warranty Deed, individual, trust, property, transfer, real estate, granter, grantee, ownership rights, encumbrances, title issues. There are two main types of Winston-Salem North Carolina General Warranty Deeds from an individual to a trust: 1. Absolute General Warranty Deed: This type of deed conveys the property with the most comprehensive form of guarantee to the trust. It ensures that the granter will defend the title against any claims or disputes that may arise in the future, even if those claims originated before the granter acquired the property. It provides the highest level of protection for the trust. 2. Special Warranty Deed: Unlike the absolute general warranty deed, the special warranty deed provides a limited guarantee to the trust. The granter promises to defend the title against any claims or disputes that may arise during the granter's ownership of the property. However, the granter does not guarantee against any claims that may have existed before their ownership. This type of deed is less protective than the absolute general warranty deed but still offers some level of assurances to the trust. It is essential to consult with a qualified attorney experienced in real estate law to ensure the correct type of deed is used, based on the specific circumstances and needs of the granter and the trust.

A Winston-Salem North Carolina General Warranty Deed from an individual to a trust is a legal document used to transfer real estate property from an individual (the granter) to a trust (the grantee). This type of deed provides a guarantee to the grantee that the granter has full ownership rights to the property and that there are no hidden encumbrances or title issues. Keywords: Winston-Salem North Carolina General Warranty Deed, individual, trust, property, transfer, real estate, granter, grantee, ownership rights, encumbrances, title issues. There are two main types of Winston-Salem North Carolina General Warranty Deeds from an individual to a trust: 1. Absolute General Warranty Deed: This type of deed conveys the property with the most comprehensive form of guarantee to the trust. It ensures that the granter will defend the title against any claims or disputes that may arise in the future, even if those claims originated before the granter acquired the property. It provides the highest level of protection for the trust. 2. Special Warranty Deed: Unlike the absolute general warranty deed, the special warranty deed provides a limited guarantee to the trust. The granter promises to defend the title against any claims or disputes that may arise during the granter's ownership of the property. However, the granter does not guarantee against any claims that may have existed before their ownership. This type of deed is less protective than the absolute general warranty deed but still offers some level of assurances to the trust. It is essential to consult with a qualified attorney experienced in real estate law to ensure the correct type of deed is used, based on the specific circumstances and needs of the granter and the trust.

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Winston–Salem North Carolina General Warranty Deed from Individual to a Trust