Queens New York Warranty Deed from Husband and Wife to Corporation

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• County: Queens
• Control #: NY-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 Queens New York Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of property from a married couple to a corporation, guaranteeing that the property is free from any claims or defects. This type of deed provides a warranty, or guarantee, to the corporation that the property's title is clear and marketable. In Queens, New York, there are two common types of Warranty Deeds from Husband and Wife to Corporation: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection for the corporation. It guarantees that the granters, the husband and wife, own the property, have the right to sell it, and that there are no undisclosed claims or defects on the title. The corporation receiving the property can be confident in its ownership. 2. Special Warranty Deed: This type of warranty deed offers a limited warranty to the corporation. It guarantees that the granters, the husband and wife, have not created any encumbrances or defects on the title during their ownership period. However, it does not cover any previous claims or defects that may have existed before the couple acquired the property. The corporation receiving the property should conduct thorough due diligence to ensure there are no issues with the title before finalizing the transaction. When drafting a Queens New York Warranty Deed from Husband and Wife to Corporation, certain keywords and elements should be included: 1. Granters: Clearly identify the husband and wife who are transferring the property. 2. Grantee: Specify the corporation that will be the new owner of the property. 3. Property Description: Provide a detailed description of the property being transferred, including its address, boundaries, and any other identification details. 4. Consideration: State the amount or value of consideration exchanged for the transfer of ownership. 5. Warranties: Include language stating that the granters warrant that they are the rightful owners of the property and that there are no undisclosed claims or defects on the title. 6. Legal language: Use appropriate legal terminology to ensure the document complies with Queens, New York, laws and regulations. It is important to consult with a qualified real estate attorney and follow the legal requirements of Queens, New York, when preparing and executing a Warranty Deed from Husband and Wife to Corporation. This will ensure that the transfer of ownership is valid and legally binding.

A Queens New York Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of property from a married couple to a corporation, guaranteeing that the property is free from any claims or defects. This type of deed provides a warranty, or guarantee, to the corporation that the property's title is clear and marketable. In Queens, New York, there are two common types of Warranty Deeds from Husband and Wife to Corporation: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection for the corporation. It guarantees that the granters, the husband and wife, own the property, have the right to sell it, and that there are no undisclosed claims or defects on the title. The corporation receiving the property can be confident in its ownership. 2. Special Warranty Deed: This type of warranty deed offers a limited warranty to the corporation. It guarantees that the granters, the husband and wife, have not created any encumbrances or defects on the title during their ownership period. However, it does not cover any previous claims or defects that may have existed before the couple acquired the property. The corporation receiving the property should conduct thorough due diligence to ensure there are no issues with the title before finalizing the transaction. When drafting a Queens New York Warranty Deed from Husband and Wife to Corporation, certain keywords and elements should be included: 1. Granters: Clearly identify the husband and wife who are transferring the property. 2. Grantee: Specify the corporation that will be the new owner of the property. 3. Property Description: Provide a detailed description of the property being transferred, including its address, boundaries, and any other identification details. 4. Consideration: State the amount or value of consideration exchanged for the transfer of ownership. 5. Warranties: Include language stating that the granters warrant that they are the rightful owners of the property and that there are no undisclosed claims or defects on the title. 6. Legal language: Use appropriate legal terminology to ensure the document complies with Queens, New York, laws and regulations. It is important to consult with a qualified real estate attorney and follow the legal requirements of Queens, New York, when preparing and executing a Warranty Deed from Husband and Wife to Corporation. This will ensure that the transfer of ownership is valid and legally binding.