Suffolk New York Warranty Deed from Husband and Wife to Corporation

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• County: Suffolk
• 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 Suffolk New York Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of real property from a married couple to a corporation. This type of deed provides a guarantee, or warranty, that the property is free from any defects in title and that the sellers have the right to convey it. The key components of a Suffolk New York Warranty Deed from Husband and Wife to Corporation include: 1. Parties Involved: The names of the husband and wife, referred to as granters, who are transferring the property, and the corporation, referred to as the grantee, that will be receiving the property. 2. Property Description: A detailed description of the property being transferred, including the address, boundaries, and any other defining features such as lot numbers or metes and bounds descriptions. 3. Consideration: The consideration or payment for the transfer of ownership, which can be in the form of money, other property, or a combination of both. 4. Legal Language: Specific legal language that highlights the transfer of ownership and warranties associated with it. This typically includes phrases like "grant, bargain, and sell" and "convey and confirm." 5. Covenants and Warranties: A Suffolk New York Warranty Deed provides various covenants and warranties to protect the grantee. These may include: — Covenanbasinin: Assurance that the granter holds legal title to the property and has the right to sell it. — Covenant of Right to Convey: Guarantee that the granter has the authority to transfer ownership. — Covenant Against Encumbrances: Assurance that the property is free from any liens or encumbrances, except for those explicitly mentioned in the deed. — Covenant of Quiet Enjoyment: Assurance that the grantee's title will not be disturbed by third-party claims. — Covenant of Further Assurance: Promise to provide any additional documents or actions necessary to establish the grantee's full ownership rights. Different variations of Suffolk New York Warranty Deeds from Husband and Wife to Corporation may include: 1. Suffolk New York Interspousal Warranty Deed to Corporation: This type of warranty deed is used when a spouse is transferring their individual ownership interest in the property to a corporation, without involving the other spouse. 2. Suffolk New York Joint Tenancy Warranty Deed to Corporation: In this case, the husband and wife share joint ownership of the property and transfer their interests together to the corporation. 3. Suffolk New York Tenants in Common Warranty Deed to Corporation: This variation is applicable when the husband and wife each have separate, undivided ownership interests in the property, and they transfer their interests individually to the corporation. In summary, a Suffolk New York Warranty Deed from Husband and Wife to Corporation is a legally binding document that facilitates the transfer of property ownership from a married couple to a corporation. It ensures that the grantee receives clear title to the property and provides various warranties and covenants to protect their ownership rights.

A Suffolk New York Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of real property from a married couple to a corporation. This type of deed provides a guarantee, or warranty, that the property is free from any defects in title and that the sellers have the right to convey it. The key components of a Suffolk New York Warranty Deed from Husband and Wife to Corporation include: 1. Parties Involved: The names of the husband and wife, referred to as granters, who are transferring the property, and the corporation, referred to as the grantee, that will be receiving the property. 2. Property Description: A detailed description of the property being transferred, including the address, boundaries, and any other defining features such as lot numbers or metes and bounds descriptions. 3. Consideration: The consideration or payment for the transfer of ownership, which can be in the form of money, other property, or a combination of both. 4. Legal Language: Specific legal language that highlights the transfer of ownership and warranties associated with it. This typically includes phrases like "grant, bargain, and sell" and "convey and confirm." 5. Covenants and Warranties: A Suffolk New York Warranty Deed provides various covenants and warranties to protect the grantee. These may include: — Covenanbasinin: Assurance that the granter holds legal title to the property and has the right to sell it. — Covenant of Right to Convey: Guarantee that the granter has the authority to transfer ownership. — Covenant Against Encumbrances: Assurance that the property is free from any liens or encumbrances, except for those explicitly mentioned in the deed. — Covenant of Quiet Enjoyment: Assurance that the grantee's title will not be disturbed by third-party claims. — Covenant of Further Assurance: Promise to provide any additional documents or actions necessary to establish the grantee's full ownership rights. Different variations of Suffolk New York Warranty Deeds from Husband and Wife to Corporation may include: 1. Suffolk New York Interspousal Warranty Deed to Corporation: This type of warranty deed is used when a spouse is transferring their individual ownership interest in the property to a corporation, without involving the other spouse. 2. Suffolk New York Joint Tenancy Warranty Deed to Corporation: In this case, the husband and wife share joint ownership of the property and transfer their interests together to the corporation. 3. Suffolk New York Tenants in Common Warranty Deed to Corporation: This variation is applicable when the husband and wife each have separate, undivided ownership interests in the property, and they transfer their interests individually to the corporation. In summary, a Suffolk New York Warranty Deed from Husband and Wife to Corporation is a legally binding document that facilitates the transfer of property ownership from a married couple to a corporation. It ensures that the grantee receives clear title to the property and provides various warranties and covenants to protect their ownership rights.