Albuquerque New Mexico Warranty Deed from Husband and Wife to Corporation

• Category: New Mexico Real Estate - Deeds - Warranty
• State: New Mexico
• City: Albuquerque
• Control #: NM-08-78
• Format: Word; Rich Text

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 Warranty Deed is a legal document used for the transfer of property ownership from a husband and wife to a corporation in Albuquerque, New Mexico. This type of deed provides an assurance, or warranty, that the property being transferred is free from any defects in title, encumbrances, or claims. In Albuquerque, there are two main types of Warranty Deeds from Husband and Wife to Corporation: 1. General Warranty Deed: This type of deed guarantees that the granters (husband and wife) have full authority to transfer the property, and that there are no other undisclosed claims or liens against the property. It ensures that the grantee (corporation) receives the property with clear title, protecting them from any future legal issues related to the property's ownership. 2. Special Warranty Deed: Unlike a General Warranty Deed, a Special Warranty Deed only guarantees that the granters have not caused any defects to the title during their ownership. It does not provide a warranty for any previous defects or claims that may have existed before the granters acquired the property. When preparing an Albuquerque New Mexico Warranty Deed from Husband and Wife to Corporation, it is important to include specific information and follow certain legal requirements. The deed should contain the names and contact information of the granters and grantees, a legal description of the property being transferred, the consideration (payment) for the transfer, and the signature of the granters. Keywords: Warranty Deed, Albuquerque, New Mexico, husband and wife, corporation, transfer of property ownership, defects in title, encumbrances, claims, General Warranty Deed, Special Warranty Deed, granters, grantees, legal description, consideration, signature.

A Warranty Deed is a legal document used for the transfer of property ownership from a husband and wife to a corporation in Albuquerque, New Mexico. This type of deed provides an assurance, or warranty, that the property being transferred is free from any defects in title, encumbrances, or claims. In Albuquerque, there are two main types of Warranty Deeds from Husband and Wife to Corporation: 1. General Warranty Deed: This type of deed guarantees that the granters (husband and wife) have full authority to transfer the property, and that there are no other undisclosed claims or liens against the property. It ensures that the grantee (corporation) receives the property with clear title, protecting them from any future legal issues related to the property's ownership. 2. Special Warranty Deed: Unlike a General Warranty Deed, a Special Warranty Deed only guarantees that the granters have not caused any defects to the title during their ownership. It does not provide a warranty for any previous defects or claims that may have existed before the granters acquired the property. When preparing an Albuquerque New Mexico Warranty Deed from Husband and Wife to Corporation, it is important to include specific information and follow certain legal requirements. The deed should contain the names and contact information of the granters and grantees, a legal description of the property being transferred, the consideration (payment) for the transfer, and the signature of the granters. Keywords: Warranty Deed, Albuquerque, New Mexico, husband and wife, corporation, transfer of property ownership, defects in title, encumbrances, claims, General Warranty Deed, Special Warranty Deed, granters, grantees, legal description, consideration, signature.