This form is a General Warranty Deed where the Grantors are four (4) individuals and the Grantees are two individuals. Grantors convey and generally warrant the described property to the Grantees. This deed complies with all state statutory laws.
A High Point North Carolina Warranty Deed from Four Individuals to Two Individuals is a legal document that transfers ownership of a property from a group of four individuals to another group of two individuals. This type of warranty deed ensures that the property is transferred with a guarantee that the granters (sellers) have clear ownership rights and that there are no encumbrances or claims on the property. The High Point North Carolina Warranty Deed provides a detailed description of the property being transferred, including its legal description, address, and any specific boundaries or features. It also includes the names and addresses of the granters and grantees, clearly identifying the parties involved in the transaction. There are two main types of High Point North Carolina Warranty Deed from Four Individuals to Two Individuals: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the buyers (grantees) as it guarantees that the property is free from any defects in title, both from the granters and any previous owners. It assures the buyers that they will have undisturbed ownership of the property. 2. Limited Warranty Deed: In this type of warranty deed, the granters warrant the title only against defects that may have occurred during their ownership of the property. It does not provide protection against title defects that may have arisen prior to their ownership. This type of deed is commonly used when the granters are not aware of any title issues during their ownership. In addition to these main types, there can also be variations or specific clauses included in the High Point North Carolina Warranty Deed, depending on the specific circumstances or agreements between the parties involved. It is crucial for both the granters and grantees to carefully review and understand the terms and conditions outlined in the deed before signing to ensure a smooth and legally binding transfer of ownership.
