Cary North Carolina General Warranty Deed from Individual to Corporation

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• City: Cary
• Control #: NC-06-78
• Format: Word; Rich Text

Description

This Warranty Deed from Individual to Corporation form is a Warranty Deed where the grantor is an individual and the grantee is a corporation. Grantor conveys and warrants the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors. A Cary North Carolina General Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real property, such as land or buildings, from an individual to a corporation while providing certain warranties and guarantees to the corporation. This type of deed ensures that the corporation receives clear and marketable title to the property, essentially guaranteeing that there are no undisclosed claims or defects in the property's ownership. There are several variations of the Cary North Carolina General Warranty Deed from Individual to Corporation, each applicable to specific situations or circumstances. Some key types of deeds include: 1. General Warranty Deed with Full Covenant and Warranty: This type of deed provides the highest level of protection to the corporation by warranting title against any and all claims that may arise during the individual's ownership. It guarantees the corporation's ownership rights, protects against potential legal issues, and ensures the individual has the right to transfer the property. 2. General Warranty Deed with Limited Covenant and Warranty: This variation of the deed limits the warranties provided by the individual to only issues that existed during their ownership period. It may exclude any potential claims or defects that occurred prior to their ownership. This type of deed is commonly used when the individual may have acquired the property from another source. 3. Special Warranty Deed: This type of deed provides warranties and guarantees limited to the individual's ownership period. It guarantees that the individual did not create any liens, encumbrances, or claims on the property during their ownership. However, it does not provide protection against issues or claims that arose prior to their ownership. 4. Quitclaim Deed: Although not specifically a General Warranty Deed, a Quitclaim Deed can also be used to transfer property from an individual to a corporation. However, unlike the previously mentioned deeds, it does not provide any warranties or guarantees. Instead, it transfers whatever interest the individual may have in the property without any assurances regarding the quality of title. Before executing a Cary North Carolina General Warranty Deed from Individual to Corporation, it is recommended to consult a lawyer or a professional real estate attorney well-versed in North Carolina property law to ensure that the specific requirements and provisions of the deed are met accurately and complied with. This will help to protect the corporation's interests and ensure a smooth transfer of ownership.

A Cary North Carolina General Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real property, such as land or buildings, from an individual to a corporation while providing certain warranties and guarantees to the corporation. This type of deed ensures that the corporation receives clear and marketable title to the property, essentially guaranteeing that there are no undisclosed claims or defects in the property's ownership. There are several variations of the Cary North Carolina General Warranty Deed from Individual to Corporation, each applicable to specific situations or circumstances. Some key types of deeds include: 1. General Warranty Deed with Full Covenant and Warranty: This type of deed provides the highest level of protection to the corporation by warranting title against any and all claims that may arise during the individual's ownership. It guarantees the corporation's ownership rights, protects against potential legal issues, and ensures the individual has the right to transfer the property. 2. General Warranty Deed with Limited Covenant and Warranty: This variation of the deed limits the warranties provided by the individual to only issues that existed during their ownership period. It may exclude any potential claims or defects that occurred prior to their ownership. This type of deed is commonly used when the individual may have acquired the property from another source. 3. Special Warranty Deed: This type of deed provides warranties and guarantees limited to the individual's ownership period. It guarantees that the individual did not create any liens, encumbrances, or claims on the property during their ownership. However, it does not provide protection against issues or claims that arose prior to their ownership. 4. Quitclaim Deed: Although not specifically a General Warranty Deed, a Quitclaim Deed can also be used to transfer property from an individual to a corporation. However, unlike the previously mentioned deeds, it does not provide any warranties or guarantees. Instead, it transfers whatever interest the individual may have in the property without any assurances regarding the quality of title. Before executing a Cary North Carolina General Warranty Deed from Individual to Corporation, it is recommended to consult a lawyer or a professional real estate attorney well-versed in North Carolina property law to ensure that the specific requirements and provisions of the deed are met accurately and complied with. This will help to protect the corporation's interests and ensure a smooth transfer of ownership.