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 McKinney Texas Warranty Deed from two individuals to a corporation is a legal document that facilitates the transfer of real estate ownership from two individuals to a corporation located in McKinney, Texas. This type of deed serves to guarantee that the property being transferred is free from any liens or encumbrances, and that the individuals have the legal authority to sell the property. In McKinney, Texas, there are several types of Warranty Deeds that can be used when transferring property from two individuals to a corporation. These include: 1. General Warranty Deed: A general warranty deed provides the highest level of protection to the buyer, stating that the individuals transferring the property will defend the title against any claims or disputes. 2. Special Warranty Deed: This type of warranty deed differs from a general warranty deed in that it guarantees the property's title only against claims that may have arisen during the period of ownership of the individuals transferring the property. It does not cover any claims that may have occurred before their ownership. 3. Quitclaim Deed: A quitclaim deed is often used when the individuals transferring the property cannot guarantee the absence of any title defects or encumbrances. With a quitclaim deed, the individuals simply transfer their interest in the property, if any, without making any warranties or guarantees. Regardless of the type of McKinney Texas Warranty Deed, the document typically includes relevant information such as the names and addresses of the individuals transferring the property, the legal description of the property being transferred, the consideration involved in the transaction, and the corporation's name and address. It's important to consult with a qualified real estate attorney or title company when preparing a McKinney Texas Warranty Deed from two individuals to a corporation to ensure that all legal requirements and formalities are met.A McKinney Texas Warranty Deed from two individuals to a corporation is a legal document that facilitates the transfer of real estate ownership from two individuals to a corporation located in McKinney, Texas. This type of deed serves to guarantee that the property being transferred is free from any liens or encumbrances, and that the individuals have the legal authority to sell the property. In McKinney, Texas, there are several types of Warranty Deeds that can be used when transferring property from two individuals to a corporation. These include: 1. General Warranty Deed: A general warranty deed provides the highest level of protection to the buyer, stating that the individuals transferring the property will defend the title against any claims or disputes. 2. Special Warranty Deed: This type of warranty deed differs from a general warranty deed in that it guarantees the property's title only against claims that may have arisen during the period of ownership of the individuals transferring the property. It does not cover any claims that may have occurred before their ownership. 3. Quitclaim Deed: A quitclaim deed is often used when the individuals transferring the property cannot guarantee the absence of any title defects or encumbrances. With a quitclaim deed, the individuals simply transfer their interest in the property, if any, without making any warranties or guarantees. Regardless of the type of McKinney Texas Warranty Deed, the document typically includes relevant information such as the names and addresses of the individuals transferring the property, the legal description of the property being transferred, the consideration involved in the transaction, and the corporation's name and address. It's important to consult with a qualified real estate attorney or title company when preparing a McKinney Texas Warranty Deed from two individuals to a corporation to ensure that all legal requirements and formalities are met.
