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 Tacoma Washington Warranty Deed from Corporation to Two Individuals is a legally binding document that transfers ownership and title from a corporation to two individual parties. This deed provides a guarantee or warranty from the corporation that they have clear title to the property and hold the authority to convey it. In Tacoma, Washington, there are various types of Warranty Deeds from Corporation to Two Individuals that can be distinguished based on their specific conditions and purposes. These types include: 1. General Warranty Deed: This type of deed offers the highest level of protection to the two individuals as it represents that the corporation has full ownership rights and will defend against any claims or defects in title. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the corporation has not caused any defects in title during the period of its ownership. It does not protect against any previous claims or issues that might arise prior to the corporation's ownership. 3. Quitclaim Deed: A quitclaim deed grants the corporation's interest in the property to the two individuals without providing any warranty or guarantee of title. This type of deed is often used when there might be potential issues or uncertainties regarding the property's title. 4. Bargain and Sale Deed: This type of deed conveys the property from the corporation to the two individuals but only guarantees that the corporation has the right to transfer it. It does not provide any warranties or protections against prior claims or defects in title. When preparing a Tacoma Washington Warranty Deed from Corporation to Two Individuals, it is important to include relevant details such as the names of the corporation and the individuals, the legal description of the property, the purchase price or consideration, and any additional terms or conditions associated with the transfer. Overall, this type of warranty deed assures the two individuals receiving the property that the corporation is legally authorized to convey it, and provides different levels of protection depending on the specific type of warranty deed used. It is essential to consult with a legal professional knowledgeable in Washington state real estate laws to ensure the deed is properly executed and recorded.
