This Warranty Deed from Corporation to Two Individuals form is a Warranty Deed where the Grantor is a corporation and the Grantees are two individuals. Grantors conveys and warrants the described property to Grantees 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 Bend Oregon Warranty Deed from Corporation to Two Individuals is a legally binding document that transfers ownership of real property in Bend, Oregon, from a corporation to two individuals. This type of deed provides assurances to the individuals, referred to as grantees, that the corporation has a valid claim to the property and guarantees protection against any future claims or defects in title. In Bend, Oregon, there are several variations of Warranty Deed from Corporation to Two Individuals, each serving a specific purpose: 1. General Bend Oregon Warranty Deed: A general warranty deed is the most common type of deed used in Bend, Oregon. It conveys the property from the corporation to the two individuals (grantees) with a guarantee that the corporation holds the rightful title to the property and will defend it against any third-party claims. 2. Special Bend Oregon Warranty Deed: A special warranty deed, also known as a limited warranty deed, limits the corporation's warranty to only the period of time during which it owned the property. This means that the corporation will only be responsible for any title defects or claims that occurred during its ownership, excluding any previous defects. 3. Quitclaim Bend Oregon Warranty Deed: A quitclaim deed is less common in the context of a corporation transferring property to two individuals. It is typically used when the corporation wants to transfer its interest in the property without making any warranties about the title. This type of deed offers the least amount of protection to the grantees. Regardless of the specific type of Bend Oregon Warranty Deed used, it is crucial for all parties involved to consult with a qualified real estate attorney to ensure the deed accurately reflects the intentions of the corporation and provides sufficient protections for the grantees. This legal professional can guide the parties through the necessary steps, including drafting, executing, and recording the deed to ensure the transfer of ownership is legally valid and properly documented.