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.
A Round Rock Texas Warranty Deed from Corporation to Individual is a legal document that transfers ownership of real property from a corporation to an individual. This type of deed ensures that the property is free from any claims or liens and guarantees that the corporation has the legal right to transfer ownership to the individual. The warranty deed provides a level of protection to the buyer, as it promises that the corporation will defend the title against any future claims. There are a few different types of Round Rock Texas Warranty Deeds from Corporation to Individual, each serving a specific purpose: 1. General Warranty Deed: This is the most common type of warranty deed, providing the broadest level of protection for the buyer. It guarantees that the corporation will defend the title against any claims, from the beginning of time until the present. 2. Special Warranty Deed: This type of warranty deed provides protection for the buyer, but only for any claims that arise during the ownership of the corporation. It does not cover any claims that may have existed prior to the corporation owning the property. 3. Quitclaim Deed: While not technically a warranty deed, a quitclaim deed may also be used to transfer ownership from a corporation to an individual. However, it offers the least amount of protection. The quitclaim deed simply transfers whatever interest the corporation has in the property to the individual, without any guarantees or warranties. When completing a Round Rock Texas Warranty Deed from Corporation to Individual, it is important to include relevant information such as the legal description of the property, the names of the corporation and individual, the purchase price (if applicable), and any other terms or conditions of the transfer. Both parties should sign the deed in the presence of a notary public to ensure its validity. In summary, a Round Rock Texas Warranty Deed from Corporation to Individual is a legal document that guarantees a corporation's ownership of a property and transfers that ownership to an individual. By using different types of warranty deeds, such as general warranty deeds, special warranty deeds, or quitclaim deeds, the level of protection and responsibility varies for both the corporation and the individual.
