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 Wilmington North Carolina General Warranty Deed from Four Individuals to One Individual is a legal document that transfers ownership of a property within the boundaries of Wilmington, North Carolina. This type of deed provides the buyer with important guarantees and assurances regarding the property's title and ownership. In this specific transaction, four individuals are collectively transferring their ownership interests in a property to a single individual. The general warranty deed ensures that the property is free from any liens, claims, or encumbrances, and that the four sellers have the legal right to transfer their ownership rights. There are several types of Wilmington North Carolina General Warranty Deed from Four Individuals to One Individual that can be distinguished based on the purpose or specific conditions of the transfer. These may include: 1. Residential General Warranty Deed: This type of deed can be used when transferring ownership of a residential property, such as a house or a condominium, from four individuals to one individual within Wilmington, North Carolina. It guarantees the buyer clear title to the property, taking into consideration any potential issues that may arise during the closing process. 2. Commercial General Warranty Deed: When a commercial property, such as an office space or a retail building, is being transferred from four individuals to one individual in Wilmington, North Carolina, a commercial general warranty deed is used. This type of deed provides the buyer with the same extensive guarantees and protections as the residential general warranty deed but is tailored to commercial property transactions. 3. Agricultural General Warranty Deed: If the property in question is primarily used for agricultural purposes, such as farming or livestock, an agricultural general warranty deed may be employed. This deed type acknowledges the unique considerations involved in agricultural land transactions, ensuring the buyer receives unencumbered ownership rights to the property and fixtures. 4. Waterfront General Warranty Deed: Wilmington, North Carolina is known for its beautiful waterfront properties. When a waterfront property is being transferred from four individuals to one individual, a waterfront general warranty deed can be utilized. This type of deed may include additional provisions specific to waterfront properties, such as easements, riparian rights, or navigable water access. Overall, the Wilmington North Carolina General Warranty Deed from Four Individuals to One Individual establishes a legally binding transfer of ownership and provides the buyer with peace of mind regarding the property's title. It is advisable to consult with a qualified real estate attorney to ensure that the deed is properly drafted according to North Carolina state laws and accurately reflects the intentions of all parties involved.A Wilmington North Carolina General Warranty Deed from Four Individuals to One Individual is a legal document that transfers ownership of a property within the boundaries of Wilmington, North Carolina. This type of deed provides the buyer with important guarantees and assurances regarding the property's title and ownership. In this specific transaction, four individuals are collectively transferring their ownership interests in a property to a single individual. The general warranty deed ensures that the property is free from any liens, claims, or encumbrances, and that the four sellers have the legal right to transfer their ownership rights. There are several types of Wilmington North Carolina General Warranty Deed from Four Individuals to One Individual that can be distinguished based on the purpose or specific conditions of the transfer. These may include: 1. Residential General Warranty Deed: This type of deed can be used when transferring ownership of a residential property, such as a house or a condominium, from four individuals to one individual within Wilmington, North Carolina. It guarantees the buyer clear title to the property, taking into consideration any potential issues that may arise during the closing process. 2. Commercial General Warranty Deed: When a commercial property, such as an office space or a retail building, is being transferred from four individuals to one individual in Wilmington, North Carolina, a commercial general warranty deed is used. This type of deed provides the buyer with the same extensive guarantees and protections as the residential general warranty deed but is tailored to commercial property transactions. 3. Agricultural General Warranty Deed: If the property in question is primarily used for agricultural purposes, such as farming or livestock, an agricultural general warranty deed may be employed. This deed type acknowledges the unique considerations involved in agricultural land transactions, ensuring the buyer receives unencumbered ownership rights to the property and fixtures. 4. Waterfront General Warranty Deed: Wilmington, North Carolina is known for its beautiful waterfront properties. When a waterfront property is being transferred from four individuals to one individual, a waterfront general warranty deed can be utilized. This type of deed may include additional provisions specific to waterfront properties, such as easements, riparian rights, or navigable water access. Overall, the Wilmington North Carolina General Warranty Deed from Four Individuals to One Individual establishes a legally binding transfer of ownership and provides the buyer with peace of mind regarding the property's title. It is advisable to consult with a qualified real estate attorney to ensure that the deed is properly drafted according to North Carolina state laws and accurately reflects the intentions of all parties involved.
