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 Killeen Texas Warranty Deed from Corporation to Two Individuals is a legal document that serves as proof of ownership transfer from a corporation to two individuals. This deed provides a guarantee that the corporation holds legal title to the property and is transferring it to the individuals without any liens or encumbrances. The deed ensures that the individuals will have clear and marketable title to the property. Different types of Killeen Texas Warranty Deed from Corporation to Two Individuals may include: 1. General Warranty Deed: This type of deed provides the highest level of protection to the individuals, as the corporation guarantees its ownership and promises to defend the title against any claims. It includes covenants that cover the entire history of the property, ensuring the individuals' rights. 2. Special Warranty Deed: In this type of deed, the corporation only guarantees its ownership rights during its period of ownership. This means that the corporation will defend any claims or challenges that arise during its ownership tenure but will not cover any issues that may have occurred before the corporation acquired the property. 3. Quitclaim Deed: This type of deed transfers the corporation's interest in the property to the individuals, but it does not provide any warranties or guarantees regarding the ownership or the property's history. It simply relinquishes any claim the corporation may have on the property. A Killeen Texas Warranty Deed from Corporation to Two Individuals is a crucial document in real estate transactions, ensuring the individuals receive a clear title to the property without any legal complications. It is recommended to consult with a qualified attorney to draft and execute this deed to ensure a smooth and legally binding transfer of property ownership.A Killeen Texas Warranty Deed from Corporation to Two Individuals is a legal document that serves as proof of ownership transfer from a corporation to two individuals. This deed provides a guarantee that the corporation holds legal title to the property and is transferring it to the individuals without any liens or encumbrances. The deed ensures that the individuals will have clear and marketable title to the property. Different types of Killeen Texas Warranty Deed from Corporation to Two Individuals may include: 1. General Warranty Deed: This type of deed provides the highest level of protection to the individuals, as the corporation guarantees its ownership and promises to defend the title against any claims. It includes covenants that cover the entire history of the property, ensuring the individuals' rights. 2. Special Warranty Deed: In this type of deed, the corporation only guarantees its ownership rights during its period of ownership. This means that the corporation will defend any claims or challenges that arise during its ownership tenure but will not cover any issues that may have occurred before the corporation acquired the property. 3. Quitclaim Deed: This type of deed transfers the corporation's interest in the property to the individuals, but it does not provide any warranties or guarantees regarding the ownership or the property's history. It simply relinquishes any claim the corporation may have on the property. A Killeen Texas Warranty Deed from Corporation to Two Individuals is a crucial document in real estate transactions, ensuring the individuals receive a clear title to the property without any legal complications. It is recommended to consult with a qualified attorney to draft and execute this deed to ensure a smooth and legally binding transfer of property ownership.