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 King Washington Warranty Deed from a Corporation to Two Individuals is a legal document that transfers ownership of a property or real estate from a corporation to two individuals in the state of Washington. This type of deed provides a guarantee that the property is free from any encumbrances or defects in title, ensuring a secure transfer of ownership. The King Washington Warranty Deed from a Corporation to Two Individuals is a legally binding agreement that outlines the terms and conditions of the transfer. It typically includes details such as the names of the corporation and the two individuals involved, a description of the property being transferred, the purchase price or consideration amount, and any specific conditions or restrictions on the transfer. There can be different variations of the King Washington Warranty Deed from a Corporation to Two Individuals, including: 1. General Warranty Deed: This type of warranty deed offers the highest level of protection to the individuals receiving the property. It guarantees that the corporation holds clear and marketable title to the property, and the corporation warrants against any defects in title that may have occurred before or during its ownership. 2. Special Warranty Deed: In this type of warranty deed, the corporation guarantees that it has not caused any defects in title during its ownership. It warrants that it has not done anything to impair the title of the property, but it does not provide protection against any defects that may have existed before its ownership. 3. Quitclaim Deed: Unlike the warranty deeds, a quitclaim deed does not provide any warranties or guarantees regarding the title of the property. It simply transfers any interest or claim the corporation has in the property to the two individuals. This type of deed is often used when the transfer is between closely related parties or for transferring ownership without a financial transaction. The King Washington Warranty Deed from Corporation to Two Individuals is an important legal document that ensures a secure transfer of property ownership. It protects the interests of the individuals receiving the property by providing a warranty against any defects in title. It is always advisable to consult with a qualified attorney or real estate professional when dealing with such transactions to ensure all legal requirements are met and the transfer is conducted smoothly.
