This Warranty Deed from Corporation to Two Individuals form is a Warranty Deed where the Grantor is a corporation and the Grantees are two individuals. Grantors 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 state statutory laws.
A Fairfax Virginia Warranty Deed from Corporation to Two Individuals is a legal document that conveys ownership rights of real property from a corporation to two individuals. This type of deed ensures that the corporation promises to defend the title against any claims or encumbrances that may arise. The Fairfax Virginia warranty deed from a corporation to two individuals is often used when shareholders or members of a corporation want to transfer ownership of a property to themselves as individuals. It is a common method to separate corporate assets or dissolve the corporation by transferring property to the individuals. There are different variations of Fairfax Virginia Warranty Deeds from Corporation to Two Individuals, each offering specific conditions or circumstances. Some common types include: 1. General Warranty Deed: This type of deed guarantees the highest level of protection to the grantee(s) as it guarantees that the property is free from any defects in the title, both before and during the granter's ownership. 2. Special Warranty Deed: This deed is similar to a general warranty deed but limits the granter's liability to only defects or encumbrances that occurred during their ownership period. Defects or encumbrances that existed prior to the granter's ownership are not covered. 3. Bargain and Sale Deed with Covenants: This type of deed primarily states that the granter has the right to convey the property and does not guarantee that the title is free from defects or encumbrances. However, it implies that the granter has not done anything to harm the title. 4. Quitclaim Deed: In a quitclaim deed, the granter makes no warranties or guarantees regarding the property's title. It simply transfers their interest or claim to the property, if any, to the grantees. It is often used in situations where the granter is unsure about their ownership rights. When drafting and executing a Fairfax Virginia Warranty Deed from Corporation to Two Individuals, it is essential to consult with a real estate attorney or seek professional advice to ensure compliance with all legal requirements. The specifics and requirements for each type of warranty deed may vary, so it's crucial to understand the implications and protections offered by each type.A Fairfax Virginia Warranty Deed from Corporation to Two Individuals is a legal document that conveys ownership rights of real property from a corporation to two individuals. This type of deed ensures that the corporation promises to defend the title against any claims or encumbrances that may arise. The Fairfax Virginia warranty deed from a corporation to two individuals is often used when shareholders or members of a corporation want to transfer ownership of a property to themselves as individuals. It is a common method to separate corporate assets or dissolve the corporation by transferring property to the individuals. There are different variations of Fairfax Virginia Warranty Deeds from Corporation to Two Individuals, each offering specific conditions or circumstances. Some common types include: 1. General Warranty Deed: This type of deed guarantees the highest level of protection to the grantee(s) as it guarantees that the property is free from any defects in the title, both before and during the granter's ownership. 2. Special Warranty Deed: This deed is similar to a general warranty deed but limits the granter's liability to only defects or encumbrances that occurred during their ownership period. Defects or encumbrances that existed prior to the granter's ownership are not covered. 3. Bargain and Sale Deed with Covenants: This type of deed primarily states that the granter has the right to convey the property and does not guarantee that the title is free from defects or encumbrances. However, it implies that the granter has not done anything to harm the title. 4. Quitclaim Deed: In a quitclaim deed, the granter makes no warranties or guarantees regarding the property's title. It simply transfers their interest or claim to the property, if any, to the grantees. It is often used in situations where the granter is unsure about their ownership rights. When drafting and executing a Fairfax Virginia Warranty Deed from Corporation to Two Individuals, it is essential to consult with a real estate attorney or seek professional advice to ensure compliance with all legal requirements. The specifics and requirements for each type of warranty deed may vary, so it's crucial to understand the implications and protections offered by each type.
