Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• City: Greensboro
• Control #: NC-018-78
• Format: Word; Rich Text

Description

This form is a Warranty Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and warrant 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 Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual is a legal document that transfers the ownership of real property from a married couple to a single person while providing certain warranties and assurances to the buyer. This type of deed ensures that the property being conveyed is free from encumbrances and that the sellers have the legal right to transfer ownership. In Greensboro, North Carolina, there are a few specific types of General Warranty Deeds that may be used in such transactions: 1. Standard Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual: This is the most common type of deed used in real estate transactions and guarantees that the sellers (husband and wife) hold clear and marketable title to the property. It includes several warranties, such as the warranty of basin (assurance of ownership), warranty against encumbrances (no liens or claims on the property), warranty of quiet enjoyment (protection against third-party claims), and the warranty of further assurances (the sellers will take necessary actions to perfect the buyer's title if needed). 2. Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual — Specialized Restriction: This type of deed includes an additional special provision or restriction, agreed upon by both parties, that limits the future use, development, or purpose of the property. These restrictions can vary, such as prohibiting certain activities on the property or imposing obligations on the buyer. 3. Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual — Subject to Existing Liens: In situations where the property has existing financial encumbrances, such as mortgages or liens, the sellers may provide this type of deed. It transfers the property's ownership to the buyer while acknowledging and accepting the presence of these liens. The buyer then becomes responsible for satisfying these existing obligations. When preparing a Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual, it is crucial to consult with a qualified real estate attorney to ensure the deed accurately reflects the intentions of the parties involved and complies with North Carolina laws.

A Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual is a legal document that transfers the ownership of real property from a married couple to a single person while providing certain warranties and assurances to the buyer. This type of deed ensures that the property being conveyed is free from encumbrances and that the sellers have the legal right to transfer ownership. In Greensboro, North Carolina, there are a few specific types of General Warranty Deeds that may be used in such transactions: 1. Standard Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual: This is the most common type of deed used in real estate transactions and guarantees that the sellers (husband and wife) hold clear and marketable title to the property. It includes several warranties, such as the warranty of basin (assurance of ownership), warranty against encumbrances (no liens or claims on the property), warranty of quiet enjoyment (protection against third-party claims), and the warranty of further assurances (the sellers will take necessary actions to perfect the buyer's title if needed). 2. Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual — Specialized Restriction: This type of deed includes an additional special provision or restriction, agreed upon by both parties, that limits the future use, development, or purpose of the property. These restrictions can vary, such as prohibiting certain activities on the property or imposing obligations on the buyer. 3. Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual — Subject to Existing Liens: In situations where the property has existing financial encumbrances, such as mortgages or liens, the sellers may provide this type of deed. It transfers the property's ownership to the buyer while acknowledging and accepting the presence of these liens. The buyer then becomes responsible for satisfying these existing obligations. When preparing a Greensboro North Carolina General Warranty Deed from Husband and Wife to an Individual, it is crucial to consult with a qualified real estate attorney to ensure the deed accurately reflects the intentions of the parties involved and complies with North Carolina laws.