Bellevue Washington Warranty Deed from Corporation to Husband and Wife

State:
Washington
City:
Bellevue
Control #:
WA-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 Bellevue Washington Warranty Deed from Corporation to Husband and Wife is a legal document that transfers ownership of real estate property from a corporation to a married couple. This type of deed provides a warranty to the buyers, ensuring that the corporation legally owns the property and has the right to transfer it. In Bellevue, Washington, there are two main types of Warranty Deeds from Corporation to Husband and Wife: 1. General Warranty Deed: This type of deed guarantees that the corporation holds clear title to the property being transferred. It also assures the husband and wife that the corporation will defend their ownership against any future claims. 2. Special Warranty Deed: Unlike the general warranty deed, the special warranty deed guarantees that the corporation only warrants against issues arising during its ownership period. This means that any potential claims or defects originating before the corporation acquired the property are excluded from its warranty. When a corporation transfers a property to a husband and wife in Bellevue, Washington, using a Warranty Deed, there are several crucial elements included: 1. Names and Legal Description: The deed includes the full names of the husband and wife, as well as their marital status. The legal description precisely identifies the property being transferred, including the lot, block, and subdivision details. 2. Consideration: The deed outlines the agreed-upon consideration (the payment, such as money or other assets) for the property transfer. 3. Covenant of Basin: This clause assures the buyers that the corporation owns the property and has the legal right to sell it. 4. Covenant of Right to Convey: This guarantees that the corporation has the authority to transfer the property and that the husband and wife will have clear ownership. 5. Covenant Against Encumbrances: This clause ensures that the property is free from any liens, mortgages, or other encumbrances, unless disclosed in the deed. 6. Warranty Forever: The general warranty deed specifically promises that the corporation will defend the husband and wife's ownership of the property against any third-party claims, even after the deed transfer. 7. Special Warranty (Limited Warranty): In the case of a special warranty deed, it only provides a warranty for issues arising during the corporation's ownership period. It is essential to engage the services of a qualified attorney or title company to draft and execute these types of Bellevue Washington Warranty Deeds from Corporation to Husband and Wife, ensuring all legal requirements are met and the rights of both parties are protected.

A Bellevue Washington Warranty Deed from Corporation to Husband and Wife is a legal document that transfers ownership of real estate property from a corporation to a married couple. This type of deed provides a warranty to the buyers, ensuring that the corporation legally owns the property and has the right to transfer it. In Bellevue, Washington, there are two main types of Warranty Deeds from Corporation to Husband and Wife: 1. General Warranty Deed: This type of deed guarantees that the corporation holds clear title to the property being transferred. It also assures the husband and wife that the corporation will defend their ownership against any future claims. 2. Special Warranty Deed: Unlike the general warranty deed, the special warranty deed guarantees that the corporation only warrants against issues arising during its ownership period. This means that any potential claims or defects originating before the corporation acquired the property are excluded from its warranty. When a corporation transfers a property to a husband and wife in Bellevue, Washington, using a Warranty Deed, there are several crucial elements included: 1. Names and Legal Description: The deed includes the full names of the husband and wife, as well as their marital status. The legal description precisely identifies the property being transferred, including the lot, block, and subdivision details. 2. Consideration: The deed outlines the agreed-upon consideration (the payment, such as money or other assets) for the property transfer. 3. Covenant of Basin: This clause assures the buyers that the corporation owns the property and has the legal right to sell it. 4. Covenant of Right to Convey: This guarantees that the corporation has the authority to transfer the property and that the husband and wife will have clear ownership. 5. Covenant Against Encumbrances: This clause ensures that the property is free from any liens, mortgages, or other encumbrances, unless disclosed in the deed. 6. Warranty Forever: The general warranty deed specifically promises that the corporation will defend the husband and wife's ownership of the property against any third-party claims, even after the deed transfer. 7. Special Warranty (Limited Warranty): In the case of a special warranty deed, it only provides a warranty for issues arising during the corporation's ownership period. It is essential to engage the services of a qualified attorney or title company to draft and execute these types of Bellevue Washington Warranty Deeds from Corporation to Husband and Wife, ensuring all legal requirements are met and the rights of both parties are protected.

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Bellevue Washington Warranty Deed from Corporation to Husband and Wife