Greensboro North Carolina General Warranty Deed from Individual to Individual

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• City: Greensboro
• Control #: NC-02-78
• Format: Word; Rich Text

Description

This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual 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 Greensboro, North Carolina General Warranty Deed from Individual to Individual is a legally binding document that facilitates the transfer of property ownership between two private individuals. This type of deed provides the buyer (grantee) with the highest level of protection against any future claims regarding the property's title. The Greensboro General Warranty Deed includes important information about the property being transferred, the names and signatures of the granter (seller) and grantee (buyer), and the consideration or purchase price involved in the transaction. It also outlines the specific promises and guarantees made by the granter to the grantee, ensuring that the property is free of any encumbrances or defects that could hinder the new owner's rights to the property. Additionally, a General Warranty Deed in Greensboro, North Carolina offers certain covenants or warranties that safeguard the grantee's interest in the property. These warranties typically include the following: 1. Covenant of Basin: This warranty assures the grantee that the granter has legal ownership and possesses the right to transfer the property. 2. Covenant of Right to Convey: It guarantees that the granter holds the authority to sell and transfer the property. 3. Covenant of Quiet Enjoyment: This provides a promise to the grantee that they will not face any disturbances or legal challenges to their ownership of the property. 4. Covenant Against Encumbrances: This states that the property is free and clear of any liens, mortgages, or other encumbrances that may affect the grantee's rights. 5. Covenant of Warranty: The granter pledges to defend and protect the grantee against any lawful claims arising from the property's title. It is worth noting that Greensboro, North Carolina does not have specific variations of the General Warranty Deed from Individual to Individual; however, it is always recommended consulting with a legal professional who specializes in real estate law to ensure compliance with local regulations and protocols.

A Greensboro, North Carolina General Warranty Deed from Individual to Individual is a legally binding document that facilitates the transfer of property ownership between two private individuals. This type of deed provides the buyer (grantee) with the highest level of protection against any future claims regarding the property's title. The Greensboro General Warranty Deed includes important information about the property being transferred, the names and signatures of the granter (seller) and grantee (buyer), and the consideration or purchase price involved in the transaction. It also outlines the specific promises and guarantees made by the granter to the grantee, ensuring that the property is free of any encumbrances or defects that could hinder the new owner's rights to the property. Additionally, a General Warranty Deed in Greensboro, North Carolina offers certain covenants or warranties that safeguard the grantee's interest in the property. These warranties typically include the following: 1. Covenant of Basin: This warranty assures the grantee that the granter has legal ownership and possesses the right to transfer the property. 2. Covenant of Right to Convey: It guarantees that the granter holds the authority to sell and transfer the property. 3. Covenant of Quiet Enjoyment: This provides a promise to the grantee that they will not face any disturbances or legal challenges to their ownership of the property. 4. Covenant Against Encumbrances: This states that the property is free and clear of any liens, mortgages, or other encumbrances that may affect the grantee's rights. 5. Covenant of Warranty: The granter pledges to defend and protect the grantee against any lawful claims arising from the property's title. It is worth noting that Greensboro, North Carolina does not have specific variations of the General Warranty Deed from Individual to Individual; however, it is always recommended consulting with a legal professional who specializes in real estate law to ensure compliance with local regulations and protocols.