This Warranty Deed from Corporation to Corporation form is a Warranty Deed where the Grantor is a corporation 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 Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A Fargo North Dakota Warranty Deed from Corporation to Corporation is a legal document that signifies the transfer of property ownership from one corporation to another in Fargo, North Dakota. This type of deed provides a guarantee or warranty that the transfer is valid and lawful, protecting the buyer or the new corporation from any potential ownership disputes or claims. The Fargo North Dakota Warranty Deed from Corporation to Corporation is typically used in various business transactions, such as mergers, acquisitions, or when a corporation is transferring its assets to another corporate entity. This deed ensures the buyer that the property being transferred is free from any encumbrances, liens, or claims, except for any expressly stated in the deed. There are a few types of Fargo North Dakota Warranty Deeds from Corporation to Corporation, each serving slightly different purposes. These variations include: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the buyer. It guarantees that the property is free and clear of any claims, whether they arose before or during the ownership of the transferring corporation. The granter (transferring corporation) promises to defend the buyer against any future claims to the title. 2. Special Warranty Deed: Unlike the general warranty deed, a special warranty deed provides protection only for claims that arose during the ownership of the transferring corporation. The granter, in this case, guarantees that they have not taken any actions that would jeopardize the property's title during their ownership, and they will defend the buyer against any claims arising from their ownership period. 3. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed can also be used for a Corporation to Corporation transfer of property in Fargo, North Dakota. This type of deed conveys whatever interest the transferring corporation has in the property, but it does not provide any warranties or guarantees. It simply transfers the property rights, if any, without making any claims about its ownership history or any potential encumbrances. In summary, a Fargo North Dakota Warranty Deed from Corporation to Corporation is a legal instrument used to transfer property between two corporate entities. It ensures that the buyer receives clear and valid ownership without any existing or potential claims, providing the necessary protection during business transactions. The different types of Fargo North Dakota Warranty Deeds from Corporation to Corporation include general warranty deeds, special warranty deeds, and quitclaim deeds.
