This Quitclaim Deed by Two Individuals to Corporation form is a Quitclaim Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey quitclaim 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 Houston Texas Quitclaim Deed by Two Individuals to Corporation refers to a legal document that transfers property ownership rights from two individuals to a corporation based in Houston, Texas. This type of deed is commonly used when both individuals agree to release their rights or interests in the property, without guaranteeing its title status. The deed represents an agreement between the granters (the two individuals) and the grantee (the corporation), wherein the granters give up any claim, interest, or rights they may have on the property. The corporation, in turn, becomes the sole owner of said property. The purpose of a quitclaim deed is to allow the transfer of ownership without specifying any warranties regarding the property's title. This means that the grantee assumes all risks associated with the property and cannot hold the granters accountable for any title defects or encumbrances that may arise after the transfer. Different types of Houston Texas Quitclaim Deed by Two Individuals to Corporation may include variations in the specific property details, such as the address, legal description, and size of the property being transferred. However, the fundamental purpose and legal implications remain the same for all types of quitclaim deeds. Keywords: Houston Texas quitclaim deed, two individuals, corporation, property ownership rights, legal document, transfer of ownership, release of rights, title status, granters, grantee, sole owner, claim, interest, property, warranties, title defects, encumbrances, address, legal description, size, fundamental purpose, legal implications.
