This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
Gresham Oregon Warranty Deed from Corporation to Individual refers to the legal document that transfers ownership of real property from a corporation to an individual, guaranteeing that the corporation has valid title to the property and will defend the individual against any claims or disputes. In Gresham, Oregon, there are several types of Warranty Deeds that can be used in these transactions, including: 1. General Warranty Deed: This type of deed offers the highest level of protection to the individual buyer, as it guarantees the title against any defects, including those that occurred before the corporation acquired the property. It also ensures that the corporation will defend the individual against any future claims. 2. Special Warranty Deed: Unlike a General Warranty Deed, a Special Warranty Deed only guarantees the title against defects that occurred during the corporation's ownership of the property. It does not provide coverage for defects that may have existed prior to the corporation's ownership. 3. Quitclaim Deed: This type of deed is often used when there is a pre-existing relationship between the corporation and individual, such as a transfer of property within a family or between related entities. A Quitclaim Deed offers the least amount of protection to the buyer, as it makes no guarantees about the status of the title or any potential defects. When using a Gresham Oregon Warranty Deed from Corporation to Individual, it is essential to ensure that the document includes accurate and detailed information about the property, parties involved, and any encumbrances or liens. This information, along with the specific type of warranty deed, should be explicitly stated to avoid any potential disputes in the future. In conclusion, a Gresham Oregon Warranty Deed from Corporation to Individual is an important legal document that facilitates the transfer of real property ownership. Various types of warranty deeds are used for these transactions, such as General Warranty Deeds, Special Warranty Deeds, and Quitclaim Deeds, each offering different levels of protection and guarantees. It is crucial to carefully draft and execute these deeds to ensure a smooth and legally valid transfer of property rights.
