This Quitclaim Deed from Corporation to Corporation form is a Quitclaim Deed where the Grantor is a corporation and the Grantee is a corporation. Grantor conveys and quitclaims 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.
A quitclaim deed is a legal document used to transfer ownership rights of a property from one party to another. In the case of Gresham, Oregon, a quitclaim deed from corporation to corporation is a specific type of transfer that occurs between two corporate entities. This type of transaction is commonly seen in business acquisitions, mergers, or when one company transfers ownership of property to another related company. The Gresham Oregon Quitclaim Deed from Corporation to Corporation is a legally binding contract that outlines the transfer of property ownership rights without any warranties or guarantees. This means the transferring corporation (granter) is not obliged to ensure the title's validity or free the property from any liens or encumbrances. The granter simply relinquishes any claim they may have had on the property, transferring it to the other corporation (grantee). There are a few different types of Gresham Oregon Quitclaim Deeds specifically designed for corporate transfers, each serving a slightly different purpose: 1. General Gresham Oregon Quitclaim Deed from Corporation to Corporation: This is the most common type of quitclaim deed used for transferring property ownership between corporations. It allows for the transfer of ownership rights without any warranties, providing a straightforward and simplified transfer process. 2. Gresham Oregon Quitclaim Deed with Covenant against Granter's Acts from Corporation to Corporation: This type of quitclaim deed includes a limited warranty of title, where the granter assures that they haven't done anything to harm the title's validity or create any encumbrances. However, this warranty only applies to the granter's actions and not any previous owners' acts. 3. Gresham Oregon Quitclaim Deed with Covenant of Special Warranty from Corporation to Corporation: This quitclaim deed provides a warranty that the granter has not caused any harm to the property's title during their ownership but doesn't guarantee against any previous owners' actions. It offers partial protection to the grantee from any defects that may have occurred during the granter's ownership. It's important to note that when dealing with Gresham Oregon Quitclaim Deeds from Corporation to Corporation, seeking legal advice is highly recommended ensuring all requirements and obligations are met. Consulting with a real estate attorney or a knowledgeable professional can help facilitate a smooth and legally compliant transfer of property ownership between corporations in Gresham, Oregon.
