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North Carolina General Warranty Deed from two Individuals to Husband...

Fayetteville North Carolina General Warranty Deed from two Individuals to Husband and Wife

Name: Fayetteville North Carolina General Warranty Deed from two Individuals to Husband and Wife
Brand: US Legal Forms
Rating: 4.6 (456 reviews)

Category:

North Carolina Real Estate - Deeds - Warranty

State:

North Carolina

City:

Fayetteville

Control #:

NC-03-78

Format:

Instant download

Description

This Warranty Deed from two Individuals to Husband and Wife form is a Warranty Deed where the Grantors are two individuals and the Grantees are Husband and Wife. Grantors convey and warrant the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. This form complies with all state statutory laws.

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FAQ

A General Warranty Deed is a deed in which the party conveying the property (the ?Grantor?) warrants and guarantees to the party receiving the conveyance (the ?Grantee?) that the title to the property he is conveying is good and unencumbered as against all persons.

A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.

The alternative spellings quit claim deed and quit-claim deed are generally acceptable?though used less frequently. Oklahoma legal professionals also use the word quitclaim as a verb indicating that an owner is transferring an interest without warranty. Release deed can be a synonym for quitclaim deed in some contexts.

A general warranty deed protects the grantee against any title defects or claims arising at any point in time. Whereas, a special warranty deed only protects the grantee against title defects arising from the actions or omissions of the grantor during its ownership.

A deed in which a grantor disclaims all interest in a parcel of real property and then conveys that interest to a grantee. Unlike grantors in other types of deeds, the quitclaim grantor does not promise that his interest in the property is actually valid.

General warranty deed: A general warranty deed confirms who has the title at the time of sale and the entire title history of a property. It guarantees that the buyer will encounter no claims, tax liens, or other encumbrances from any period in the property's ownership.

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

Updated . A North Carolina general warranty deed is used to legally transfer property in North Carolina from one person to another. A warranty deed comes with a guarantee from the seller that the property has clear title.

A quitclaim deed is what some people think is called a ?quick? claim deed ? but the correct terminology is quitclaim deed. In North Carolina, a quitclaim deed is a document that is signed by two parties with the purpose of transferring one party's interest in real estate to another party.

A North Carolina quit claim deed is a legal form used to convey real estate in North Carolina from one person to another. A quitclaim, unlike a warranty deed, does not come with a guarantee from the seller, or grantor, as to whether the grantor has clear title to the property or has the authority to sell the property.

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Quitclaims are necessary in many North Carolina real estate closing circumstances.

Fayetteville North Carolina General Warranty Deed from two Individuals to Husband and Wife

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FAQ

What is a general warranty deed in NC?

How do I fill out a NC general warranty deed?

Is a quit claim deed OK?

What is the difference between a general warranty deed and a special warranty deed in North Carolina?

What is the purpose of a quit claim deed?

What is general warranty?

Who benefits the most from a warranty deed?

What is North Carolina general warranty deed?

What is a quick deed in NC?

Is a quit claim deed legal in NC?

Interesting Questions

What is a General Warranty Deed?

What does it mean when a General Warranty Deed is from two individuals to a husband and wife?

Why would someone use a General Warranty Deed to transfer property?

What protections does a General Warranty Deed offer to the buyer?

What information is typically included in a General Warranty Deed?

Do both individuals need to sign the General Warranty Deed when transferring the property?

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Fayetteville North Carolina General Warranty Deed from two Individuals to Husband and Wife

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