This form is a General Warranty Deed where the Grantors are four (4) individuals and the
Grantee is an individual. Grantors convey and generally warrant the described property to the Grantee. This deed complies with all state statutory laws.
A High Point North Carolina General Warranty Deed from Four Individuals to One Individual is a legal document that transfers ownership rights of a property from four individuals to a single individual in High Point, North Carolina. This deed offers a guarantee to the grantee, ensuring that the property is free from any previous ownership claims, liens, or encumbrances. The general warranty deed is the most common type of property deed used in real estate transactions. It provides the highest level of protection for the grantee, as it ensures that the granter (the individuals selling the property) will defend the title against any claims that may arise in the future. The High Point North Carolina General Warranty Deed from Four Individuals to One Individual may also include specific variations or subtypes, such as: 1. High Point North Carolina General Warranty Deed with Special Covenants: This type of deed includes additional covenants or promises from the granter, such as assurance of obtaining and delivering a clear title, and defending the grantee against any claims or encumbrances that arose before the granter acquired the property. 2. High Point North Carolina General Warranty Deed with Limited Warranty: In this variation, the granter guarantees to defend the title against any claims or encumbrances that arose during the granter's ownership of the property but does not warrant against any claims or encumbrances that existed before acquiring the property. 3. High Point North Carolina Quitclaim Deed: Unlike a general warranty deed, a quitclaim deed provides no warranties or guarantees. It simply transfers the granter's interest in the property to the grantee, without ensuring that the granter has clear title or defending against any claims. When drafting or reviewing a High Point North Carolina General Warranty Deed from Four Individuals to One Individual, it is essential to consider relevant keywords such as property transfer, ownership rights, warranty, encumbrances, covenants, granter, grantee, clear title, and real estate transactions. Understanding the different types of deeds and their implications can help ensure a smooth and legally binding transfer of property.
