Mecklenburg North Carolina General Warranty Deed from Individual to Individual

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• County: Mecklenburg
• 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 Mecklenburg North Carolina General Warranty Deed from Individual to Individual is a legal document used to transfer ownership of real property from one individual to another within Mecklenburg County, North Carolina. This type of deed provides the highest level of protection to the buyer, guaranteeing that the seller holds clear and marketable title to the property. The Mecklenburg North Carolina General Warranty Deed from Individual to Individual typically includes the following key elements: 1. Granter and Grantee: The name and contact information of the current property owner (granter) and the individual acquiring the property (grantee). 2. Property Description: A detailed description of the property being transferred, including the street address, lot number, subdivision name, and tax parcel identification number. This ensures that the property is accurately identified and there is no confusion regarding its location. 3. Consideration: The monetary amount or other consideration exchanged between the parties as part of the property transfer. This can include cash, personal property, or any agreed-upon benefits. 4. Legal Covenants: The general warranty deed includes various covenants or promises made by the granter to the grantee. These covenants affirm that the granter has the legal right to transfer the property, the title is clear of any liens or encumbrances, and the granter will defend the grantee's ownership against any future claims. There may be variations of the Mecklenburg North Carolina General Warranty Deed from Individual to Individual based on specific circumstances or legal requirements. Some of these variations may include: 1. Mecklenburg North Carolina General Warranty Deed with Survivorship: This type of deed includes an additional provision that allows for the property to be automatically transferred to the surviving owner(s) in the event of death. 2. Mecklenburg North Carolina General Warranty Deed with Life Estate: This deed grants the grantee a life estate in the property, allowing them to use and enjoy the property during their lifetime. However, ownership reverts to the granter or another designated remainder man upon the grantee's death. 3. Mecklenburg North Carolina General Warranty Deed with Trustee: This deed involves the use of a trustee, who holds legal title to the property for the benefit of the grantee. This is commonly used in situations where the property is held in a trust. It is important to consult with a qualified real estate attorney or professional when dealing with the transfer of property using a Mecklenburg North Carolina General Warranty Deed from Individual to Individual. This ensures that all legal requirements are met, and the interests of both parties are protected during the transaction.

A Mecklenburg North Carolina General Warranty Deed from Individual to Individual is a legal document used to transfer ownership of real property from one individual to another within Mecklenburg County, North Carolina. This type of deed provides the highest level of protection to the buyer, guaranteeing that the seller holds clear and marketable title to the property. The Mecklenburg North Carolina General Warranty Deed from Individual to Individual typically includes the following key elements: 1. Granter and Grantee: The name and contact information of the current property owner (granter) and the individual acquiring the property (grantee). 2. Property Description: A detailed description of the property being transferred, including the street address, lot number, subdivision name, and tax parcel identification number. This ensures that the property is accurately identified and there is no confusion regarding its location. 3. Consideration: The monetary amount or other consideration exchanged between the parties as part of the property transfer. This can include cash, personal property, or any agreed-upon benefits. 4. Legal Covenants: The general warranty deed includes various covenants or promises made by the granter to the grantee. These covenants affirm that the granter has the legal right to transfer the property, the title is clear of any liens or encumbrances, and the granter will defend the grantee's ownership against any future claims. There may be variations of the Mecklenburg North Carolina General Warranty Deed from Individual to Individual based on specific circumstances or legal requirements. Some of these variations may include: 1. Mecklenburg North Carolina General Warranty Deed with Survivorship: This type of deed includes an additional provision that allows for the property to be automatically transferred to the surviving owner(s) in the event of death. 2. Mecklenburg North Carolina General Warranty Deed with Life Estate: This deed grants the grantee a life estate in the property, allowing them to use and enjoy the property during their lifetime. However, ownership reverts to the granter or another designated remainder man upon the grantee's death. 3. Mecklenburg North Carolina General Warranty Deed with Trustee: This deed involves the use of a trustee, who holds legal title to the property for the benefit of the grantee. This is commonly used in situations where the property is held in a trust. It is important to consult with a qualified real estate attorney or professional when dealing with the transfer of property using a Mecklenburg North Carolina General Warranty Deed from Individual to Individual. This ensures that all legal requirements are met, and the interests of both parties are protected during the transaction.