This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee 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.
In Bellevue, Washington, a warranty deed from a corporation to an individual is a legally binding document that transfers ownership of a property from a corporation to an individual with certain guarantee and protections. This type of deed is commonly used in real estate transactions to ensure that the individual acquiring the property receives a clear title and is protected against any potential defects or claims. The Bellevue Washington Warranty Deed from Corporation to Individual is also known as a General Warranty Deed. This type of deed offers the highest level of protection to the buyer, as it contains several key provisions and warranties. These warranties include: 1. Covenant of seized: The corporation assures that it has the legal right to convey the property and is the rightful owner. 2. Covenant of right to convey: The corporation guarantees that it has the authority to transfer the property and that there are no restrictions or limitations preventing the transfer. 3. Covenant against encumbrances: The corporation warrants that the property is free from any liens, mortgages, or other encumbrances, unless specifically mentioned in the deed. 4. Covenant of quiet enjoyment: The corporation guarantees that the buyer will have undisturbed possession of the property and will not face any claims or disputes from third parties. 5. Covenant of warranty forever: The corporation agrees to defend the buyer against any future claims made by other parties regarding the property's title. The Bellevue Washington Warranty Deed from Corporation to Individual can have variations based on specific needs and circumstances. Some common types include: 1. Special Warranty Deed: This type of deed provides a more limited warranty compared to a general warranty deed. The corporation only guarantees that no defects or encumbrances occurred during the time it owned the property. 2. Bargain and Sale Deed: This deed implies that the corporation is transferring the property without providing any warranties or guarantees. The individual buying the property is responsible for any potential risks or claims associated with the title. 3. Quitclaim Deed: This type of deed offers the least protection to the buyer. The corporation simply transfers its ownership rights, if any, without any warranties or guarantees. It is often used for transferring property within a corporation or between family members. When entering into a Bellevue Washington Warranty Deed from Corporation to Individual, it is crucial to consult with a qualified real estate attorney or professional to ensure all legal requirements are met and to address any specific concerns or requirements related to the transaction.In Bellevue, Washington, a warranty deed from a corporation to an individual is a legally binding document that transfers ownership of a property from a corporation to an individual with certain guarantee and protections. This type of deed is commonly used in real estate transactions to ensure that the individual acquiring the property receives a clear title and is protected against any potential defects or claims. The Bellevue Washington Warranty Deed from Corporation to Individual is also known as a General Warranty Deed. This type of deed offers the highest level of protection to the buyer, as it contains several key provisions and warranties. These warranties include: 1. Covenant of seized: The corporation assures that it has the legal right to convey the property and is the rightful owner. 2. Covenant of right to convey: The corporation guarantees that it has the authority to transfer the property and that there are no restrictions or limitations preventing the transfer. 3. Covenant against encumbrances: The corporation warrants that the property is free from any liens, mortgages, or other encumbrances, unless specifically mentioned in the deed. 4. Covenant of quiet enjoyment: The corporation guarantees that the buyer will have undisturbed possession of the property and will not face any claims or disputes from third parties. 5. Covenant of warranty forever: The corporation agrees to defend the buyer against any future claims made by other parties regarding the property's title. The Bellevue Washington Warranty Deed from Corporation to Individual can have variations based on specific needs and circumstances. Some common types include: 1. Special Warranty Deed: This type of deed provides a more limited warranty compared to a general warranty deed. The corporation only guarantees that no defects or encumbrances occurred during the time it owned the property. 2. Bargain and Sale Deed: This deed implies that the corporation is transferring the property without providing any warranties or guarantees. The individual buying the property is responsible for any potential risks or claims associated with the title. 3. Quitclaim Deed: This type of deed offers the least protection to the buyer. The corporation simply transfers its ownership rights, if any, without any warranties or guarantees. It is often used for transferring property within a corporation or between family members. When entering into a Bellevue Washington Warranty Deed from Corporation to Individual, it is crucial to consult with a qualified real estate attorney or professional to ensure all legal requirements are met and to address any specific concerns or requirements related to the transaction.
