This Quitclaim Deed from Corporation to Two Individuals form is a Quitclaim Deed where the Grantor is a corporation and the Grantees are two individuals. Grantor conveys and quitclaims 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 Houston Texas Quitclaim Deed from Corporation to Two Individuals is a legal document that transfers property ownership rights from a corporation to two individuals without any guarantees or warranties. This type of deed is commonly used when a corporation wishes to release its interest in a property and transfer it to two specific individuals. There are two main types of Houston Texas Quitclaim Deeds from Corporation to Two Individuals: 1. General Quitclaim Deed: This type of deed transfers all the rights, titles, and interests held by the corporation in the property to the two individuals. It does not provide any guarantees or warranties regarding the ownership status or the condition of the property. 2. Special Quitclaim Deed: Unlike the general quitclaim deed, a special quitclaim deed may include specific terms or limitations regarding the transfer of ownership rights. This type of deed is typically used when the corporation wants to transfer only a portion or specific interest in the property to the two individuals. The Houston Texas Quitclaim Deed from Corporation to Two Individuals typically includes important information such as the names and addresses of the corporation and the two individuals involved in the transaction. It also includes a detailed legal description of the property being transferred, which helps identify the boundaries and location of the property. Additionally, the deed may include any specific terms or limitations agreed upon during the transfer. It is important to note that a Houston Texas Quitclaim Deed only transfers the rights and interests held by the corporation at the time of the transfer. It does not provide any guarantees or warranties regarding any existing liens, claims, or encumbrances on the property. Therefore, it is crucial for the two individuals receiving the property to conduct a thorough title search before accepting the transfer to ensure that there are no legal issues or financial obligations attached to the property.A Houston Texas Quitclaim Deed from Corporation to Two Individuals is a legal document that transfers property ownership rights from a corporation to two individuals without any guarantees or warranties. This type of deed is commonly used when a corporation wishes to release its interest in a property and transfer it to two specific individuals. There are two main types of Houston Texas Quitclaim Deeds from Corporation to Two Individuals: 1. General Quitclaim Deed: This type of deed transfers all the rights, titles, and interests held by the corporation in the property to the two individuals. It does not provide any guarantees or warranties regarding the ownership status or the condition of the property. 2. Special Quitclaim Deed: Unlike the general quitclaim deed, a special quitclaim deed may include specific terms or limitations regarding the transfer of ownership rights. This type of deed is typically used when the corporation wants to transfer only a portion or specific interest in the property to the two individuals. The Houston Texas Quitclaim Deed from Corporation to Two Individuals typically includes important information such as the names and addresses of the corporation and the two individuals involved in the transaction. It also includes a detailed legal description of the property being transferred, which helps identify the boundaries and location of the property. Additionally, the deed may include any specific terms or limitations agreed upon during the transfer. It is important to note that a Houston Texas Quitclaim Deed only transfers the rights and interests held by the corporation at the time of the transfer. It does not provide any guarantees or warranties regarding any existing liens, claims, or encumbrances on the property. Therefore, it is crucial for the two individuals receiving the property to conduct a thorough title search before accepting the transfer to ensure that there are no legal issues or financial obligations attached to the property.