This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
A Bellevue Washington Warranty Deed from two Individuals to Corporation is a legal document that facilitates the transfer of property ownership from two individuals to a corporation based in Bellevue, Washington. This type of deed ensures that the individuals selling the property provide a guarantee to the corporation that they have full legal rights and authority to transfer ownership. Keywords: Bellevue Washington, Warranty Deed, two Individuals, Corporation, legal document, transfer, property ownership, guarantee, full legal rights, authority. There are two main types of Bellevue Washington Warranty Deeds that can be used for the transfer of property ownership from two individuals to a corporation. These include: 1. General Warranty Deed: This type of warranty deed guarantees that the individuals selling the property have clear and marketable title, meaning they have full ownership rights and there are no known encumbrances or claims against the property. It ensures that the corporation receives the property free from any past or future legal issues. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed guarantees that the individuals selling the property have clear title, but only for the time they have owned the property. This means that any potential claims or encumbrances that occurred prior to their ownership are not covered by the warranty. The corporation receiving the property under this type of warranty deed needs to be aware of any potential issues that may exist before their ownership. Both types of Bellevue Washington Warranty Deeds are legally binding and must be executed with the presence of a notary public. The deed should also include a legal description of the property, the names and signatures of the individuals transferring the property, and the name of the corporation receiving the property. It is important for both the individuals and the corporation to seek legal advice and conduct a thorough title search before executing the Warranty Deed to ensure a smooth and legally sound transfer of property ownership.
