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 Raleigh North Carolina Warranty Deed from Four Individuals to Two Individuals is a legal document that transfers ownership of a property from four individuals to two individuals with a guarantee of clear title. This type of deed provides the highest level of protection for the new owners, as it assures that the property is free from any past claims, liens, or encumbrances. The process of transferring ownership through a warranty deed involves the granting parties, who are the four individuals transferring the property, and the grantees, who are the two individuals receiving the property. This document specifies the names and addresses of all parties involved, as well as a detailed legal description of the property being transferred. The legal description includes the property's boundaries, measurements, and often includes a reference to a previous survey. There may be different variations of Raleigh North Carolina Warranty Deed from Four Individuals to Two Individuals, such as general warranty deeds and special warranty deeds. A general warranty deed guarantees not only the clear title of the property but also protects the new owners against any claims arising from previous owners. This type of deed provides the broadest protection for the grantees. On the other hand, a special warranty deed, while still guaranteeing clear title, only protects against claims that arose during the ownership of the four individuals transferring the property. To ensure the validity of the deed, it must meet certain legal requirements, such as being in writing, signed by all parties, and properly notarized. Additionally, it should include the consideration or purchase price paid for the property and may also include any specific conditions or restrictions agreed upon by both parties. When executing a Raleigh North Carolina Warranty Deed from Four Individuals to Two Individuals, it is advisable to consult with a real estate attorney or a qualified professional to ensure all legal requirements are met and to address any specific concerns or questions regarding the transfer of ownership. The attorney can also conduct a thorough title search to ensure there are no existing liens or encumbrances on the property before the transfer is finalized. Overall, a Raleigh North Carolina Warranty Deed from Four Individuals to Two Individuals is a legally binding document that establishes the rightful ownership of a property and provides the necessary protection for the new owners. By carefully considering the specific type of warranty deed and seeking professional guidance, both parties can ensure a smooth and secure property transfer process.
