Yonkers New York Warranty Deed from Husband and Wife to Corporation

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• City: Yonkers
• 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 Yonkers, New York Warranty Deed from Husband and Wife to Corporation is a legal document that transfers property ownership from a married couple to a corporate entity in Yonkers, New York. This type of deed ensures that the corporation receiving the property holds a valid and unencumbered title with certain warranties and protections. A Yonkers New York Warranty Deed from Husband and Wife to Corporation includes several essential elements. Firstly, it confirms that the individuals executing the deed are legally married and joint owners of the property. The deed identifies the husband and wife as granters, while the corporation is recognized as the grantee. The warranty deed guarantees certain warranties and protections to the corporation. These warranties typically include the covenant of basin, which assures that the granters have legal ownership and possession of the property being transferred. Additionally, the covenant of right to convey assures that the granters have the authority to transfer the property to the corporation. There are a few different types of Yonkers New York Warranty Deeds from Husband and Wife to Corporation that can be named, depending on specific circumstances: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the corporation. It provides warranties for both present and future claims against the title, ensuring the corporation is safeguarded against any unforeseen issues or defects. 2. Special Warranty Deed: In this type of warranty deed, the granters only warrant against title defects or claims that occurred during their ownership period. This means any pre-existing title issues are not covered, and the corporation assumes the liability for any claims arising prior to their ownership. 3. Quitclaim Deed: While not strictly a warranty deed, a quitclaim deed is another option for transferring property from husband and wife to a corporation. This type of deed offers no warranties or guarantees regarding the title. It simply transfers the granter's interest in the property to the corporation. It is often used when the granters are unsure of the status or quality of the title. When executing a Yonkers New York Warranty Deed from Husband and Wife to Corporation, it is recommended to seek legal advice and ensure the correct type of deed is used based on the specific circumstances involved. This will help protect the corporation's interests and establish a clear and unchallenged title for the property.

A Yonkers, New York Warranty Deed from Husband and Wife to Corporation is a legal document that transfers property ownership from a married couple to a corporate entity in Yonkers, New York. This type of deed ensures that the corporation receiving the property holds a valid and unencumbered title with certain warranties and protections. A Yonkers New York Warranty Deed from Husband and Wife to Corporation includes several essential elements. Firstly, it confirms that the individuals executing the deed are legally married and joint owners of the property. The deed identifies the husband and wife as granters, while the corporation is recognized as the grantee. The warranty deed guarantees certain warranties and protections to the corporation. These warranties typically include the covenant of basin, which assures that the granters have legal ownership and possession of the property being transferred. Additionally, the covenant of right to convey assures that the granters have the authority to transfer the property to the corporation. There are a few different types of Yonkers New York Warranty Deeds from Husband and Wife to Corporation that can be named, depending on specific circumstances: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the corporation. It provides warranties for both present and future claims against the title, ensuring the corporation is safeguarded against any unforeseen issues or defects. 2. Special Warranty Deed: In this type of warranty deed, the granters only warrant against title defects or claims that occurred during their ownership period. This means any pre-existing title issues are not covered, and the corporation assumes the liability for any claims arising prior to their ownership. 3. Quitclaim Deed: While not strictly a warranty deed, a quitclaim deed is another option for transferring property from husband and wife to a corporation. This type of deed offers no warranties or guarantees regarding the title. It simply transfers the granter's interest in the property to the corporation. It is often used when the granters are unsure of the status or quality of the title. When executing a Yonkers New York Warranty Deed from Husband and Wife to Corporation, it is recommended to seek legal advice and ensure the correct type of deed is used based on the specific circumstances involved. This will help protect the corporation's interests and establish a clear and unchallenged title for the property.