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 Frisco Texas Warranty Deed is a legal document that transfers ownership of property from a corporation to two individuals while providing a guarantee that the property is free from any defects in title. This type of deed ensures that the corporation transferring the property has the legal right to do so, thereby securing the individual buyers against any future claims or disputes. There are several types of Frisco Texas Warranty Deed from Corporation to Two Individuals, each catering to specific circumstances and requirements. These include: 1. General Warranty Deed: This is the most common type of warranty deed and provides the highest level of protection to the buyers. It guarantees that the corporation has clear ownership rights and will defend the property against any claims, even if they arise from events that occurred before the corporation acquired the property. 2. Special Warranty Deed: This type of warranty deed, also known as a Limited Warranty Deed, guarantees that the corporation transferring the property has not done anything to jeopardize the title during its ownership. However, it does not provide protection against claims that may have existed before the corporation acquired the property. 3. Statutory Warranty Deed: This type of warranty deed is mandated by Texas state law and includes specific guarantees outlined in the Texas Statutes. It offers similar protection as a General Warranty Deed but is in a standardized format to ensure compliance with the law. 4. Quitclaim Deed: Although not a type of warranty deed, a Quitclaim Deed is sometimes used in Frisco Texas to transfer property from a corporation to two individuals. Unlike warranty deeds, a Quitclaim Deed does not provide any guarantees or warranties regarding the property's title. It simply transfers whatever interest the corporation may have had in the property to the individuals, with no assurances. In summary, a Frisco Texas Warranty Deed from Corporation to Two Individuals is a legal document that safely transfers property ownership while providing different levels of protection and guarantees. By using the appropriate type of warranty deed, buyers can ensure a smooth and secure transfer of property rights in Frisco, Texas.A Frisco Texas Warranty Deed is a legal document that transfers ownership of property from a corporation to two individuals while providing a guarantee that the property is free from any defects in title. This type of deed ensures that the corporation transferring the property has the legal right to do so, thereby securing the individual buyers against any future claims or disputes. There are several types of Frisco Texas Warranty Deed from Corporation to Two Individuals, each catering to specific circumstances and requirements. These include: 1. General Warranty Deed: This is the most common type of warranty deed and provides the highest level of protection to the buyers. It guarantees that the corporation has clear ownership rights and will defend the property against any claims, even if they arise from events that occurred before the corporation acquired the property. 2. Special Warranty Deed: This type of warranty deed, also known as a Limited Warranty Deed, guarantees that the corporation transferring the property has not done anything to jeopardize the title during its ownership. However, it does not provide protection against claims that may have existed before the corporation acquired the property. 3. Statutory Warranty Deed: This type of warranty deed is mandated by Texas state law and includes specific guarantees outlined in the Texas Statutes. It offers similar protection as a General Warranty Deed but is in a standardized format to ensure compliance with the law. 4. Quitclaim Deed: Although not a type of warranty deed, a Quitclaim Deed is sometimes used in Frisco Texas to transfer property from a corporation to two individuals. Unlike warranty deeds, a Quitclaim Deed does not provide any guarantees or warranties regarding the property's title. It simply transfers whatever interest the corporation may have had in the property to the individuals, with no assurances. In summary, a Frisco Texas Warranty Deed from Corporation to Two Individuals is a legal document that safely transfers property ownership while providing different levels of protection and guarantees. By using the appropriate type of warranty deed, buyers can ensure a smooth and secure transfer of property rights in Frisco, Texas.
