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.
Eugene, Oregon Warranty Deed from Corporation to Two Individuals: Explained in Detail A Eugene Oregon Warranty Deed from Corporation to Two Individuals is a legal document that signifies the transfer of property rights from a corporation to two individuals as joint owners. This type of deed provides a guarantee, or warranty, that the property is free from any encumbrances, debts, or claims, ensuring a smooth transfer of ownership. There are two main types of Eugene, Oregon Warranty Deeds from Corporation to Two Individuals: 1. General Warranty Deed: This type of deed offers the highest level of protection to the buyers (individuals), guaranteeing that the corporation has lawful control and ownership of the property being transferred. With a general warranty deed, the corporation promises to defend against any legal claims or disputes that may arise regarding the property's title, even if the claim dates back to previous owners. 2. Limited (Special) Warranty Deed: Unlike a general warranty deed, a limited warranty deed only guarantees the property's title during the time the corporation owned it. It protects the buyers against any defects or issues arising directly from the actions of the corporation. However, it does not cover any claims or disputes that may result from previous owners or entities. The Eugene, Oregon Warranty Deed from Corporation to Two Individuals typically includes the following essential information: 1. Parties Involved: The names and addresses of the corporation transferring the property and the two individuals who will become the new joint owners. 2. Property Description: A detailed description of the property being transferred, including its legal description, address, and any unique identifiers (e.g., parcel or lot numbers). 3. Consideration: The agreed-upon monetary value or consideration for the transfer of the property. 4. Conveyance Language: A legal declaration stating the intent to transfer the property rights from the corporation to the individuals. 5. Warranty Clause: In a general warranty deed, this clause assures the buyers that the corporation holds a clear and marketable title to the property, free from any encumbrances. In a limited warranty deed, it specifies the extent of the warranty being offered. 6. Notarization and Recording: A space for notarization of the document and instructions for its proper recording with the appropriate county clerk's office. When conducting real estate transactions involving a Eugene, Oregon Warranty Deed from Corporation to Two Individuals, it is crucial to consult with a qualified real estate attorney or experienced title insurance agent to ensure the legality and authenticity of the transfer process. Also, obtaining title insurance is highly recommended protecting both parties from any future title defects or claims that may arise. Keywords: Eugene, Oregon, Warranty Deed, Corporation, Two Individuals, General Warranty Deed, Limited Warranty Deed, Property Transfer, Title Guarantee, Property Rights, Encumbrances, Legal Claims, Joint Ownership, Real Estate Transactions, Title Insurance, Legal Document.
