A Paterson New Jersey Warranty Deed from Husband and Wife to a Corporation is a legal document that transfers ownership of a property from a married couple to a corporation, providing a warranty of title. This type of deed is commonly used when a married couple wishes to transfer a property they jointly own to a corporation they establish or are affiliated with. The warranty deed guarantees that the property is free from any liens or claims and assures the corporation that they are receiving clear title to the property. There are two main types of Paterson New Jersey Warranty Deeds from Husband and Wife to a Corporation: 1. General Warranty Deed: This type of deed offers the highest level of protection to the corporation, as it warrants that the property is free from any defects in title, except those explicitly mentioned in the deed. The husband and wife, as granters, affirm that they have full authority to sell the property, and they will defend the title against any adverse claims. 2. Special Warranty Deed: Also known as a limited warranty deed, this type of deed provides a narrower warranty. The husband and wife still guarantee that they have not encumbered the property during their ownership, but they only warrant against defects or claims arising during their period of ownership. This means that any defects or claims arising before their ownership are not their responsibility. When creating a Paterson New Jersey Warranty Deed from Husband and Wife to Corporation, important information to include would be the legal names of the husband and wife, as granters, and the exact name and legal structure of the corporation, as the grantee. The deed should also provide a detailed description of the property being transferred, including its address, parcel number, and any relevant property boundaries. It is crucial to consult an attorney or a real estate professional familiar with New Jersey laws to ensure the accuracy and compliance of the deed.
Paterson New Jersey Warranty Deed from Husband and Wife to Corporation
State:
New Jersey
City:
Paterson
Control #:
NJ-08-78
Format:
Word;
Rich Text
Instant download
Description
This Warranty Deed from Husband and Wife to Corporation form is a Warranty Deed where the grantors are husband and wife and the grantee is a corporation. Grantors warrant and convey the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
A Paterson New Jersey Warranty Deed from Husband and Wife to a Corporation is a legal document that transfers ownership of a property from a married couple to a corporation, providing a warranty of title. This type of deed is commonly used when a married couple wishes to transfer a property they jointly own to a corporation they establish or are affiliated with. The warranty deed guarantees that the property is free from any liens or claims and assures the corporation that they are receiving clear title to the property. There are two main types of Paterson New Jersey Warranty Deeds from Husband and Wife to a Corporation: 1. General Warranty Deed: This type of deed offers the highest level of protection to the corporation, as it warrants that the property is free from any defects in title, except those explicitly mentioned in the deed. The husband and wife, as granters, affirm that they have full authority to sell the property, and they will defend the title against any adverse claims. 2. Special Warranty Deed: Also known as a limited warranty deed, this type of deed provides a narrower warranty. The husband and wife still guarantee that they have not encumbered the property during their ownership, but they only warrant against defects or claims arising during their period of ownership. This means that any defects or claims arising before their ownership are not their responsibility. When creating a Paterson New Jersey Warranty Deed from Husband and Wife to Corporation, important information to include would be the legal names of the husband and wife, as granters, and the exact name and legal structure of the corporation, as the grantee. The deed should also provide a detailed description of the property being transferred, including its address, parcel number, and any relevant property boundaries. It is crucial to consult an attorney or a real estate professional familiar with New Jersey laws to ensure the accuracy and compliance of the deed.
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