Queens New York Warranty Deed from two Individuals to Corporation

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• County: Queens
• Control #: NY-05-78
• Format: Word; Rich Text

Description

This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant 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 Queens New York Warranty Deed from two individuals to a corporation is a legal document that transfers the ownership of real property in Queens, New York, from two individuals to a corporation. This type of deed ensures that the individuals, known as granters, have the legal right to transfer the property and that the corporation, known as the grantee, will take the property free and clear of any encumbrances or claims. Keywords: Queens New York Warranty Deed, individuals, corporation, property ownership, legal document, transfer, real property, granter, grantee, encumbrances, claims. There are different types of Queens New York Warranty Deeds from two Individuals to a Corporation, each serving different purposes: 1. General Warranty Deed: This type of deed guarantees that the granters have clear ownership of the property and will defend the title against any claims or disputes. It provides the highest level of protection for the grantee. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the granters have not created any encumbrances on the property during their ownership. It provides a limited, time-bound warranty against any claims arising during the granters' ownership. 3. Quitclaim Deed: A quitclaim deed transfers the interest or claims the granters have in the property to the grantee without any warranty or guarantee. It does not provide the same level of protection as a warranty deed, as it only conveys whatever interest the granters have, if any. 4. Bargain and Sale Deed: This type of deed implies that the granter holds the title to the property but provides no warranties against any encumbrances. It contains an implied covenant that the granter has not conveyed the property to another party. 5. Executor's Deed: If the individuals transferring the property are acting as the executor or administrator of an estate, an executor's deed is used. This deed allows the legal representative to transfer the property to the corporation on behalf of the deceased owner. It is essential to consult with a qualified real estate attorney to ensure the appropriate type of Queens New York Warranty Deed is used when transferring property from two individuals to a corporation. Each type of deed has its specific implications and level of protection for both the granters and the grantee.

A Queens New York Warranty Deed from two individuals to a corporation is a legal document that transfers the ownership of real property in Queens, New York, from two individuals to a corporation. This type of deed ensures that the individuals, known as granters, have the legal right to transfer the property and that the corporation, known as the grantee, will take the property free and clear of any encumbrances or claims. Keywords: Queens New York Warranty Deed, individuals, corporation, property ownership, legal document, transfer, real property, granter, grantee, encumbrances, claims. There are different types of Queens New York Warranty Deeds from two Individuals to a Corporation, each serving different purposes: 1. General Warranty Deed: This type of deed guarantees that the granters have clear ownership of the property and will defend the title against any claims or disputes. It provides the highest level of protection for the grantee. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the granters have not created any encumbrances on the property during their ownership. It provides a limited, time-bound warranty against any claims arising during the granters' ownership. 3. Quitclaim Deed: A quitclaim deed transfers the interest or claims the granters have in the property to the grantee without any warranty or guarantee. It does not provide the same level of protection as a warranty deed, as it only conveys whatever interest the granters have, if any. 4. Bargain and Sale Deed: This type of deed implies that the granter holds the title to the property but provides no warranties against any encumbrances. It contains an implied covenant that the granter has not conveyed the property to another party. 5. Executor's Deed: If the individuals transferring the property are acting as the executor or administrator of an estate, an executor's deed is used. This deed allows the legal representative to transfer the property to the corporation on behalf of the deceased owner. It is essential to consult with a qualified real estate attorney to ensure the appropriate type of Queens New York Warranty Deed is used when transferring property from two individuals to a corporation. Each type of deed has its specific implications and level of protection for both the granters and the grantee.