This form is a General Warranty Deed where the Grantor is a corporation and the Grantees are two (2) corporations. Grantor conveys and generally warrants the described property to the Grantees. This deed complies with all state statutory laws.
A San Angelo Texas General Warranty Deed from a Corporation to Two (2) Corporations is a legally binding document that facilitates the transfer of ownership of real estate between Corporations in San Angelo, Texas. It provides explicit assurance to the receiving parties that the property being conveyed is free from any encumbrances and that the transferring Corporation holds clear and marketable title to the property. Two common types of San Angelo Texas General Warranty Deeds from a Corporation to Two (2) Corporations include: 1. General Warranty Deed with Covenant: This type of deed guarantees that the transferring Corporation will defend the title against any future claims or disputes. It includes covenants for basin (assurance of ownership), the right to convey, freedom from encumbrances, quiet enjoyment (freedom from disturbances), and further assurances (ensuring additional actions to protect the title are taken if necessary). 2. Special Warranty Deed: This variation of the General Warranty Deed limits the warranties provided by the transferring Corporation to only claims arising during its period of ownership. It assures the receiving Corporations that they will be protected against any defects or claims that occurred under the transferring Corporation's ownership, but not prior to that. The San Angelo Texas General Warranty Deed from a Corporation to Two (2) Corporations typically includes the following key elements: 1. Parties Involved: Clearly identifies the transferring Corporation, the two receiving Corporations, and any relevant addresses or legal entities associated with them. 2. Property Description: Provides a detailed description of the property being transferred, including its legal address, boundaries, and any additional information necessary to accurately locate and identify the property. 3. Granting Clause: Contains a statement of the transferring Corporation's intention to convey the property with general warranty or special warranty assurances. 4. Consideration: States the value or consideration exchanged for the property transfer. 5. Covenants and Warranties: Outlines the specific covenants and warranties being made by the transferring Corporation, such as those mentioned in the aforementioned types of deeds. 6. Signatures: Requires the transferring Corporation's authorized representative(s) to sign the deed, acknowledging and affirming its authenticity and legality. 7. Witnesses and Notary Public: Includes spaces for witnesses to attest to the signing of the deed, while a notary public verifies and acknowledges the signatures. Importantly, when dealing with complex legal documents like the San Angelo Texas General Warranty Deed from a Corporation to Two (2) Corporations, consulting a qualified attorney or real estate professional is highly recommended ensuring compliance with all applicable laws and regulations.A San Angelo Texas General Warranty Deed from a Corporation to Two (2) Corporations is a legally binding document that facilitates the transfer of ownership of real estate between Corporations in San Angelo, Texas. It provides explicit assurance to the receiving parties that the property being conveyed is free from any encumbrances and that the transferring Corporation holds clear and marketable title to the property. Two common types of San Angelo Texas General Warranty Deeds from a Corporation to Two (2) Corporations include: 1. General Warranty Deed with Covenant: This type of deed guarantees that the transferring Corporation will defend the title against any future claims or disputes. It includes covenants for basin (assurance of ownership), the right to convey, freedom from encumbrances, quiet enjoyment (freedom from disturbances), and further assurances (ensuring additional actions to protect the title are taken if necessary). 2. Special Warranty Deed: This variation of the General Warranty Deed limits the warranties provided by the transferring Corporation to only claims arising during its period of ownership. It assures the receiving Corporations that they will be protected against any defects or claims that occurred under the transferring Corporation's ownership, but not prior to that. The San Angelo Texas General Warranty Deed from a Corporation to Two (2) Corporations typically includes the following key elements: 1. Parties Involved: Clearly identifies the transferring Corporation, the two receiving Corporations, and any relevant addresses or legal entities associated with them. 2. Property Description: Provides a detailed description of the property being transferred, including its legal address, boundaries, and any additional information necessary to accurately locate and identify the property. 3. Granting Clause: Contains a statement of the transferring Corporation's intention to convey the property with general warranty or special warranty assurances. 4. Consideration: States the value or consideration exchanged for the property transfer. 5. Covenants and Warranties: Outlines the specific covenants and warranties being made by the transferring Corporation, such as those mentioned in the aforementioned types of deeds. 6. Signatures: Requires the transferring Corporation's authorized representative(s) to sign the deed, acknowledging and affirming its authenticity and legality. 7. Witnesses and Notary Public: Includes spaces for witnesses to attest to the signing of the deed, while a notary public verifies and acknowledges the signatures. Importantly, when dealing with complex legal documents like the San Angelo Texas General Warranty Deed from a Corporation to Two (2) Corporations, consulting a qualified attorney or real estate professional is highly recommended ensuring compliance with all applicable laws and regulations.
