Yonkers New York Quitclaim Deed by Two Individuals to Corporation

• Category: New York Real Estate - Deeds - Quitclaims
• State: New York
• City: Yonkers
• Control #: NY-05-77
• Format: Word; Rich Text

Description

This Quitclaim Deed by Two Individuals to Corporation form is a Quitclaim Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey quitclaim 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 Yonkers New York Quitclaim Deed by Two Individuals to Corporation denotes a legal document that facilitates the transfer of property ownership from two individuals to a corporation in Yonkers, New York. This type of deed is commonly used when individuals wish to transfer real estate holdings into a corporate entity, offering certain benefits and protections. The Yonkers New York Quitclaim Deed by Two Individuals to Corporation grants the corporation full rights to the property, including all interests, encumbrances, and rights associated with it. It is important to note that this type of deed does not provide any warranties or guarantees regarding the property's title, conditions, or past liabilities. There are several variations of Yonkers New York Quitclaim Deed by Two Individuals to Corporation, which are: 1. Quitclaim Deed with Consideration: This type of deed involves an exchange of value, usually monetary, between the two individuals and the corporation. The consideration reflects the agreed-upon price for the transfer of the property. 2. Quitclaim Deed without Consideration: In this scenario, the transfer of the property from the two individuals to the corporation occurs without any monetary exchange. It is often used when individuals want to contribute their property to a corporation as part of a corporate restructuring or business expansion. 3. Quitclaim Deed with Restrictive Covenants: This variant includes additional conditions or limitations on the use of the property by the corporation. These covenants can regulate activities such as land development, construction, or environmental concerns. The Yonkers New York Quitclaim Deed by Two Individuals to Corporation is a significant legal instrument that should be drafted with utmost care to ensure all necessary information is accurately recorded. It typically includes the names and addresses of the granters (individuals), the corporation's details (name, address), a legal property description, and any special conditions or considerations. Property-specific keywords for this content: quitclaim deed, Yonkers, New York, two individuals, corporation, property transfer, real estate, ownership, encumbrances, rights, title, liabilities, consideration, restrictive covenants, legal instrument.

A Yonkers New York Quitclaim Deed by Two Individuals to Corporation denotes a legal document that facilitates the transfer of property ownership from two individuals to a corporation in Yonkers, New York. This type of deed is commonly used when individuals wish to transfer real estate holdings into a corporate entity, offering certain benefits and protections. The Yonkers New York Quitclaim Deed by Two Individuals to Corporation grants the corporation full rights to the property, including all interests, encumbrances, and rights associated with it. It is important to note that this type of deed does not provide any warranties or guarantees regarding the property's title, conditions, or past liabilities. There are several variations of Yonkers New York Quitclaim Deed by Two Individuals to Corporation, which are: 1. Quitclaim Deed with Consideration: This type of deed involves an exchange of value, usually monetary, between the two individuals and the corporation. The consideration reflects the agreed-upon price for the transfer of the property. 2. Quitclaim Deed without Consideration: In this scenario, the transfer of the property from the two individuals to the corporation occurs without any monetary exchange. It is often used when individuals want to contribute their property to a corporation as part of a corporate restructuring or business expansion. 3. Quitclaim Deed with Restrictive Covenants: This variant includes additional conditions or limitations on the use of the property by the corporation. These covenants can regulate activities such as land development, construction, or environmental concerns. The Yonkers New York Quitclaim Deed by Two Individuals to Corporation is a significant legal instrument that should be drafted with utmost care to ensure all necessary information is accurately recorded. It typically includes the names and addresses of the granters (individuals), the corporation's details (name, address), a legal property description, and any special conditions or considerations. Property-specific keywords for this content: quitclaim deed, Yonkers, New York, two individuals, corporation, property transfer, real estate, ownership, encumbrances, rights, title, liabilities, consideration, restrictive covenants, legal instrument.