A Warranty Deed is a legal document used when transferring property ownership from a husband and wife to a corporation in Broken Arrow, Oklahoma. It provides a guarantee that the property is free from any undisclosed liens, encumbrances, or disputes. This type of deed ensures that the granter (husband and wife) has the legal authority to transfer the property, and it protects the grantee (corporation) against any future claims. The specific types of Broken Arrow Oklahoma Warranty Deed from Husband and Wife to Corporation may include: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the grantee. It guarantees that the granter (husband and wife) will defend the title and compensate for any losses incurred due to problems with the title, even if the issue arises from events preceding their ownership. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the granter (husband and wife) will defend the title against claims or issues that arose during their period of ownership. It does not cover any problems that may have existed prior to their ownership. 3. Quitclaim Deed: While not a warranty deed, a quitclaim deed can also be used to transfer property from a husband and wife to a corporation. However, it offers the least amount of protection to the grantee. A quitclaim deed simply transfers the rights and interests that the granter (husband and wife) possesses, without providing any guarantees about the status of the title or property. When drafting a Broken Arrow Oklahoma Warranty Deed from Husband and Wife to Corporation, it is crucial to consult with a qualified attorney or real estate professional to ensure compliance with local regulations and to address any specific requirements or provisions pertaining to the transfer of property in Broken Arrow.
Broken Arrow Oklahoma Warranty Deed from Husband and Wife to Corporation
Category:
State:
Oklahoma
City:
Broken Arrow
Control #:
OK-08-78
Format:
Word;
Rich Text
Instant download
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 Warranty Deed is a legal document used when transferring property ownership from a husband and wife to a corporation in Broken Arrow, Oklahoma. It provides a guarantee that the property is free from any undisclosed liens, encumbrances, or disputes. This type of deed ensures that the granter (husband and wife) has the legal authority to transfer the property, and it protects the grantee (corporation) against any future claims. The specific types of Broken Arrow Oklahoma Warranty Deed from Husband and Wife to Corporation may include: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the grantee. It guarantees that the granter (husband and wife) will defend the title and compensate for any losses incurred due to problems with the title, even if the issue arises from events preceding their ownership. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the granter (husband and wife) will defend the title against claims or issues that arose during their period of ownership. It does not cover any problems that may have existed prior to their ownership. 3. Quitclaim Deed: While not a warranty deed, a quitclaim deed can also be used to transfer property from a husband and wife to a corporation. However, it offers the least amount of protection to the grantee. A quitclaim deed simply transfers the rights and interests that the granter (husband and wife) possesses, without providing any guarantees about the status of the title or property. When drafting a Broken Arrow Oklahoma Warranty Deed from Husband and Wife to Corporation, it is crucial to consult with a qualified attorney or real estate professional to ensure compliance with local regulations and to address any specific requirements or provisions pertaining to the transfer of property in Broken Arrow.
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