Gresham Oregon Warranty Deed from two Individuals to Corporation

State:
Oregon
City:
Gresham
Control #:
OR-05-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.

A Gresham Oregon Warranty Deed from two Individuals to Corporation is a legal document that transfers the ownership of a property from two individuals to a corporation located in Gresham, Oregon. This type of deed provides a guarantee or warranty to the corporation that the individuals have the legal right to sell the property and that there are no liens or claims on the property. In Gresham, Oregon, there are two main types of warranty deeds that can be utilized for this purpose: 1. General Warranty Deed: This type of deed guarantees that the individuals are conveying a clear and marketable title to the corporation. It assures that the individuals have the legal authority to sell the property, and that there are no undisclosed encumbrances, such as mortgages, liens, or easements, that might affect the corporation's ownership rights. This deed provides the highest level of protection to the corporation against any future claims or disputes regarding the property. 2. Special Warranty Deed: This type of deed also guarantees that the individuals have legal authority to sell the property to the corporation. However, it only warrants against any defects or claims arising during the individuals' period of ownership. Any pre-existing defects or claims on the property will not be covered by this deed. While it offers a lesser degree of protection compared to a General Warranty Deed, it is still commonly used in transactions where the individuals are confident about the property's title and want to limit their liability. When preparing a Gresham Oregon Warranty Deed from two Individuals to Corporation, it is important to include certain key details to ensure its validity and clarity. These may include: 1. Names and addresses of both individuals as granters and the corporation as the grantee. 2. Accurate and complete legal description of the property being transferred to the corporation. This typically includes the property's address, parcel number, and boundaries. 3. Clear statement of intent to transfer ownership of the property, specifying that it is being conveyed with full warranty or special warranty, as applicable. 4. Signatures of both individuals as granters, which should be notarized in the presence of a notary public. 5. Acceptance of the warranty deed by an authorized representative of the corporation, in compliance with the corporation's bylaws or operating agreement. It is crucial to consult with an experienced real estate attorney or legal professional when drafting or executing a Gresham Oregon Warranty Deed from two Individuals to Corporation, as the specific requirements and procedures may vary based on local laws and regulations.

A Gresham Oregon Warranty Deed from two Individuals to Corporation is a legal document that transfers the ownership of a property from two individuals to a corporation located in Gresham, Oregon. This type of deed provides a guarantee or warranty to the corporation that the individuals have the legal right to sell the property and that there are no liens or claims on the property. In Gresham, Oregon, there are two main types of warranty deeds that can be utilized for this purpose: 1. General Warranty Deed: This type of deed guarantees that the individuals are conveying a clear and marketable title to the corporation. It assures that the individuals have the legal authority to sell the property, and that there are no undisclosed encumbrances, such as mortgages, liens, or easements, that might affect the corporation's ownership rights. This deed provides the highest level of protection to the corporation against any future claims or disputes regarding the property. 2. Special Warranty Deed: This type of deed also guarantees that the individuals have legal authority to sell the property to the corporation. However, it only warrants against any defects or claims arising during the individuals' period of ownership. Any pre-existing defects or claims on the property will not be covered by this deed. While it offers a lesser degree of protection compared to a General Warranty Deed, it is still commonly used in transactions where the individuals are confident about the property's title and want to limit their liability. When preparing a Gresham Oregon Warranty Deed from two Individuals to Corporation, it is important to include certain key details to ensure its validity and clarity. These may include: 1. Names and addresses of both individuals as granters and the corporation as the grantee. 2. Accurate and complete legal description of the property being transferred to the corporation. This typically includes the property's address, parcel number, and boundaries. 3. Clear statement of intent to transfer ownership of the property, specifying that it is being conveyed with full warranty or special warranty, as applicable. 4. Signatures of both individuals as granters, which should be notarized in the presence of a notary public. 5. Acceptance of the warranty deed by an authorized representative of the corporation, in compliance with the corporation's bylaws or operating agreement. It is crucial to consult with an experienced real estate attorney or legal professional when drafting or executing a Gresham Oregon Warranty Deed from two Individuals to Corporation, as the specific requirements and procedures may vary based on local laws and regulations.

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Gresham Oregon Warranty Deed from two Individuals to Corporation