This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant 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 Lewisville Texas Warranty Deed from two Individuals to Corporation is a legal document that transfers ownership of a property from two individuals (also referred to as granters) to a corporation (also known as the grantee), ensuring the corporation has full ownership rights and protections. This type of deed provides a guarantee by the granters that they are the lawful owners of the property and have the legal authority to transfer the title to the corporation. Some key elements included in a Lewisville Texas Warranty Deed from two Individuals to Corporation are: 1. Granters: The names and addresses of the two individuals who currently own the property and have agreed to transfer ownership to the corporation. 2. Grantee: The name and address of the corporation that will be receiving the ownership rights to the property. 3. Legal Description: A detailed description and identification of the property, including its address, lot number, and any other pertinent information required for proper identification. 4. Consideration: The agreed-upon amount, if any, paid by the corporation to the granters in exchange for the transfer of ownership rights. 5. Covenants: Various promises and guarantees made by the granters to the corporation, including the fact that they have the legal right to transfer ownership, that the property is free from any encumbrances (e.g., liens, mortgages), and that they will defend the title against any third-party claims. 6. Signatures: Both granters must sign the document in the presence of a notary public, who will acknowledge their signatures and affirm that they signed willingly and understand the contents of the deed. 7. Recording: The completed warranty deed must be promptly filed with the county clerk's office in Lewisville, Texas, ensuring that the transfer of ownership is officially recorded in the public records. There are no specific subtypes of a Lewisville Texas Warranty Deed from two Individuals to Corporation, as the basic elements described above are standard for such transactions. However, various addendums or attachments related to specific clauses or contingencies could be included, depending on the circumstances of the transfer. These might include provisions for contingencies, warranties, or any agreed-upon conditions between the parties involved.A Lewisville Texas Warranty Deed from two Individuals to Corporation is a legal document that transfers ownership of a property from two individuals (also referred to as granters) to a corporation (also known as the grantee), ensuring the corporation has full ownership rights and protections. This type of deed provides a guarantee by the granters that they are the lawful owners of the property and have the legal authority to transfer the title to the corporation. Some key elements included in a Lewisville Texas Warranty Deed from two Individuals to Corporation are: 1. Granters: The names and addresses of the two individuals who currently own the property and have agreed to transfer ownership to the corporation. 2. Grantee: The name and address of the corporation that will be receiving the ownership rights to the property. 3. Legal Description: A detailed description and identification of the property, including its address, lot number, and any other pertinent information required for proper identification. 4. Consideration: The agreed-upon amount, if any, paid by the corporation to the granters in exchange for the transfer of ownership rights. 5. Covenants: Various promises and guarantees made by the granters to the corporation, including the fact that they have the legal right to transfer ownership, that the property is free from any encumbrances (e.g., liens, mortgages), and that they will defend the title against any third-party claims. 6. Signatures: Both granters must sign the document in the presence of a notary public, who will acknowledge their signatures and affirm that they signed willingly and understand the contents of the deed. 7. Recording: The completed warranty deed must be promptly filed with the county clerk's office in Lewisville, Texas, ensuring that the transfer of ownership is officially recorded in the public records. There are no specific subtypes of a Lewisville Texas Warranty Deed from two Individuals to Corporation, as the basic elements described above are standard for such transactions. However, various addendums or attachments related to specific clauses or contingencies could be included, depending on the circumstances of the transfer. These might include provisions for contingencies, warranties, or any agreed-upon conditions between the parties involved.
