This Warranty Deed from Individual to Corporation form is a Warranty Deed where the grantor is an individual and the grantee is a corporation. Grantor conveys and warrants 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 Individual to Corporation is a legal document that transfers ownership of real property from an individual to a corporation. This type of warranty deed provides certain assurances to the transferee (the corporation) regarding the title and ownership rights of the property. Keywords: Lewisville Texas, Warranty Deed, Individual, Corporation, real property, ownership, title, transferee, rights. There are two main types of Lewisville Texas Warranty Deed from Individual to Corporation: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the corporation by guaranteeing that the transferor (individual) has clear title to the property, free from any liens or encumbrances. It also includes covenants such as the covenant of basin (ensuring the transferor has legal ownership), covenant of the right to convey (the transferor has the authority to transfer the property), and covenant against encumbrances (the property is free from any encumbrances, except those specifically mentioned in the deed). 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees protection against title defects that occurred during the time the transferor owned the property. It does not provide protection against any previous defects or encumbrances that might have existed prior to the transferor's ownership. This type of deed is commonly used when the transferor wants to limit their liability and provide a warranty only for the period they held the property. When drafting a Lewisville Texas Warranty Deed from Individual to Corporation, it is crucial to include relevant details such as the legal description of the property, the transferee's information (corporation), the transferor's information (individual), the purchase price (if applicable), and any special terms or conditions of the transfer. It is also advisable to consult with a real estate attorney or a licensed professional to ensure all legal requirements and local regulations are met during the transfer process. In conclusion, a Lewisville Texas Warranty Deed from Individual to Corporation is a legally binding document used to transfer ownership of real property from an individual to a corporation. The specific type of warranty deed chosen (general or special) determines the extent of protection and guarantees provided to the corporation. Careful consideration and proper legal guidance are recommended when executing such a deed to ensure a smooth and legally compliant transfer of property ownership.A Lewisville Texas Warranty Deed from Individual to Corporation is a legal document that transfers ownership of real property from an individual to a corporation. This type of warranty deed provides certain assurances to the transferee (the corporation) regarding the title and ownership rights of the property. Keywords: Lewisville Texas, Warranty Deed, Individual, Corporation, real property, ownership, title, transferee, rights. There are two main types of Lewisville Texas Warranty Deed from Individual to Corporation: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the corporation by guaranteeing that the transferor (individual) has clear title to the property, free from any liens or encumbrances. It also includes covenants such as the covenant of basin (ensuring the transferor has legal ownership), covenant of the right to convey (the transferor has the authority to transfer the property), and covenant against encumbrances (the property is free from any encumbrances, except those specifically mentioned in the deed). 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees protection against title defects that occurred during the time the transferor owned the property. It does not provide protection against any previous defects or encumbrances that might have existed prior to the transferor's ownership. This type of deed is commonly used when the transferor wants to limit their liability and provide a warranty only for the period they held the property. When drafting a Lewisville Texas Warranty Deed from Individual to Corporation, it is crucial to include relevant details such as the legal description of the property, the transferee's information (corporation), the transferor's information (individual), the purchase price (if applicable), and any special terms or conditions of the transfer. It is also advisable to consult with a real estate attorney or a licensed professional to ensure all legal requirements and local regulations are met during the transfer process. In conclusion, a Lewisville Texas Warranty Deed from Individual to Corporation is a legally binding document used to transfer ownership of real property from an individual to a corporation. The specific type of warranty deed chosen (general or special) determines the extent of protection and guarantees provided to the corporation. Careful consideration and proper legal guidance are recommended when executing such a deed to ensure a smooth and legally compliant transfer of property ownership.
