Wake North Carolina General Warranty Deed from Individual to Corporation

• Category: North Carolina Real Estate - Deeds - Warranty
• State: North Carolina
• County: Wake
• 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 Wake North Carolina General Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real estate property from an individual to a corporation, providing a guarantee that the title is clear and the property is free from any encumbrances. This type of deed ensures that the corporation receives full ownership rights, along with the assurance that the property won't be claimed by any other individual or entity. In Wake County, North Carolina, there are mainly two types of General Warranty Deeds from Individual to Corporation: 1. Wake North Carolina General Warranty Deed from Individual to Corporation — This is the standard form of deed used in Wake County for transferring real estate from an individual to a corporation. It includes a full warranty guaranteeing that the individual transferring the property (the granter) holds clear title and has the legal authority to sell it to the corporation (the grantee). 2. Special Warranty Deed from Individual to Corporation — This type of deed is less common but still used in certain cases. It provides a limited warranty guaranteeing that the granter only warrants against any title defects or encumbrances that occurred during their ownership of the property. This means that the granter doesn't take responsibility for any issues that may have existed before their ownership. When creating a Wake North Carolina General Warranty Deed from Individual to Corporation, it is important to include certain key elements. These may include: 1. Names and addresses of both the granter (individual) and the grantee (corporation). 2. A clear description of the property being transferred, including its address and any relevant legal descriptions. 3. The purchase price or consideration for the transfer, if applicable. 4. A statement confirming that the granter is transferring the property with warranty, guaranteeing clear title and freedom from encumbrances. 5. Signatures of both the granter and the grantee, along with their respective notarized acknowledgments. 6. The date of execution of the deed. It is crucial to consult with a qualified attorney or legal professional when preparing and executing a Wake North Carolina General Warranty Deed from Individual to Corporation to ensure compliance with state laws and protect the interests of both parties involved.

A Wake North Carolina General Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real estate property from an individual to a corporation, providing a guarantee that the title is clear and the property is free from any encumbrances. This type of deed ensures that the corporation receives full ownership rights, along with the assurance that the property won't be claimed by any other individual or entity. In Wake County, North Carolina, there are mainly two types of General Warranty Deeds from Individual to Corporation: 1. Wake North Carolina General Warranty Deed from Individual to Corporation — This is the standard form of deed used in Wake County for transferring real estate from an individual to a corporation. It includes a full warranty guaranteeing that the individual transferring the property (the granter) holds clear title and has the legal authority to sell it to the corporation (the grantee). 2. Special Warranty Deed from Individual to Corporation — This type of deed is less common but still used in certain cases. It provides a limited warranty guaranteeing that the granter only warrants against any title defects or encumbrances that occurred during their ownership of the property. This means that the granter doesn't take responsibility for any issues that may have existed before their ownership. When creating a Wake North Carolina General Warranty Deed from Individual to Corporation, it is important to include certain key elements. These may include: 1. Names and addresses of both the granter (individual) and the grantee (corporation). 2. A clear description of the property being transferred, including its address and any relevant legal descriptions. 3. The purchase price or consideration for the transfer, if applicable. 4. A statement confirming that the granter is transferring the property with warranty, guaranteeing clear title and freedom from encumbrances. 5. Signatures of both the granter and the grantee, along with their respective notarized acknowledgments. 6. The date of execution of the deed. It is crucial to consult with a qualified attorney or legal professional when preparing and executing a Wake North Carolina General Warranty Deed from Individual to Corporation to ensure compliance with state laws and protect the interests of both parties involved.