Fairfax Virginia Warranty Deed from Corporation to Husband and Wife

State:
Virginia
County:
Fairfax
Control #:
VA-010-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor conveys and warrants the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all applicable state statutory laws.

A Fairfax Virginia Warranty Deed from Corporation to Husband and Wife is a legal document that facilitates the transfer of real property ownership from a corporation to a married couple. This type of deed ensures that the corporation holds full responsibility for any potential title defects that may arise in the future. This warranty deed guarantees that the corporation, as the granter, possesses lawful ownership of the property and has the right to transfer it to the husband and wife, referred to as grantees. The deed offers a warranty against any prior claims, liens, or encumbrances on the property, providing the grantees with a certain level of protection. When it comes to different types of Fairfax Virginia Warranty Deeds from Corporation to Husband and Wife, there are a few variations that may be worth noting: 1. General Warranty Deed: This type of deed offers the highest level of protection for the grantees, as it ensures the corporation guarantees the title against any defects, even those occurring prior to the corporation's ownership. 2. Special Warranty Deed: In this case, the corporation guarantees the title against any defects that may have arisen during its period of ownership. However, it does not extend the guarantee to cover claims and encumbrances that existed before the corporation acquired the property. 3. Quitclaim Deed: Although less common in this context, a quitclaim deed may also be used to transfer property from a corporation to a husband and wife. However, it is worth mentioning that a quitclaim deed provides no guarantee or warranty regarding the title. It simply transfers whatever interest the corporation has, if any, to the grantees. Regardless of the specific type of Fairfax Virginia Warranty Deed from Corporation to Husband and Wife, utmost care should be taken during the drafting and execution of the document. It is advised that both the corporation and the husband and wife seek legal advice to ensure a smooth and lawful transfer of property ownership, protecting their respective rights and interests.

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FAQ

You will need to have the quitclaim deed notarized with the signatures of you and your spouse. Once this is done, the quitclaim deed replaces your former deed and the property officially is in both of your names. You must record the deed at your county office.

In Virginia, the transfer tax is 0.1 percent, or $0.50 for every $500 of the purchase price. For a purchase price of $500,000, the transfer tax is $500. A buyer is responsible for mortgage tax. If he obtained a mortgage, he must pay 0.25 percent or $0.25 per $100 in Virginia.

How do I add someone or remove someone from my deed? To make changes to ownership of property, a new deed will need to be prepared and recorded in the Clerk's Office where the property is located.

To be valid, the deed must be signed and notarized. The deed must include notary acknowledgment blocks that meet the requirements of Virginia law.

All deeds must be prepared by the owner of the property or by an attorney licensed to practice in Virginia.

A sale deed includes the following details: Name and address of the buyer and seller. Detailed description of the property. Total payment to be made, mode of payment, date when the payment is to be made. Date of handing over of property documents. Other terms and conditions of the sale.

To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

D. No recordation tax shall be required for the recordation of any deed of gift between a grantor or grantors and a grantee or grantees when no consideration has passed between the parties.

A deed of gift must be signed by all parties, notarized by a Virginia notary, and witnessed by two or more parties who have no ownership interest in the property. The deed must be submitted to the recorder's office in the county of Virginia where the property exists.

The Virginia special warranty deed form provides a limited warranty of title. With a special warranty deed, the person transferring the property guarantees that he or she has done nothing that would cause title problems, but makes no guarantees about what might have happened before he or she acquired the property.

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To file this lawsuit, you must go to the General District Court Clerk's office. Ask for the proper court form.39 pagesMissing: Fairfax ‎Virginia Residence and execute a general warranty deed transferring her ownership interest in the residence to husband. What's Involved in the Financial Investigative Approach?

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Fairfax Virginia Warranty Deed from Corporation to Husband and Wife