King Washington Warranty Deed from Husband and Wife to Corporation

State:
Washington
County:
King
Control #:
WA-08-78
Format:
Word; 
Rich Text
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Description

This Warranty Deed from Husband and Wife to Corporation form is a Warranty Deed where the grantors are husband and wife and the grantee is a corporation. Grantors warrant and convey the described property to grantees less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.

A King Washington Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of real estate from a married couple to a corporation. This type of deed provides a guarantee (warranty) that the property is free from any encumbrances or claims and that the granters (husband and wife) have full authority to transfer the property. In this transaction, the husband and wife act as granters, transferring their ownership interest in the property to the corporation, which acts as the grantee. This type of deed is commonly used when a married couple wants to transfer a property they jointly own to a corporation they have established for various reasons, such as liability protection, tax advantages, or business purposes. The King Washington Warranty Deed from Husband and Wife to Corporation typically includes the following information: 1. Granter's Information: The full legal names of the husband and wife, their address, and marital status. Keywords: Granter, Husband, Wife, Full legal names, Address, Marital status. 2. Grantee's Information: The full legal name of the corporation acquiring the property, along with its address and legal status. Keywords: Grantee, Corporation, Full legal name, Address, Legal status. 3. Property Description: A detailed description of the property being transferred, including its physical address, boundaries, and any other relevant information that accurately identifies the property. Keywords: Property description, Physical address, Boundaries, Identification. 4. Consideration: The amount of money or other valuable consideration (if any) being exchanged for the property transfer. Keywords: Consideration, Money, Valuable consideration. 5. Title Covenants: The seller provides assurances or covenants regarding their ownership and the quality of the title being transferred. This includes a guarantee against any undisclosed liens, encumbrances, or competing claims on the property. Keywords: Title covenants, Seller's assurances, Ownership, Quality of title, Undisclosed liens, Encumbrances. Different types of King Washington Warranty Deed from Husband and Wife to Corporation may include variations in the terms and conditions, depending on specific circumstances or legal requirements. For example: — King Washington Special Warranty Deed: This type of deed provides a narrower warranty, limited to claims arising only during the granter's period of ownership. Keywords: Special warranty, Limited warranty, Specific time frame. — King Washington Quitclaim Deed: This type of deed transfers the granter's ownership rights without offering any warranties or guarantees. It releases any claim or interest the granter may have in the property and is commonly used for transfers between family members or to clear up any title issues. Keywords: Quitclaim deed, No warranties, No guarantees, Release of claims. It is crucial to consult with a qualified attorney or real estate professional when preparing and executing a King Washington Warranty Deed from Husband and Wife to Corporation to ensure compliance with local laws and regulations and to address any specific circumstances related to the property transfer.

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FAQ

A quitclaim deed3 simply transfers ownership of the real estate to another party and ends (?quits?) the grantor's right to claim interest in the property. This type of deed makes no guarantees as to the status of the property title and, therefore, is not commonly used in traditional real estate purchase transactions.

General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law.

A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

The quitclaim deed is a simple way of transferring ownership between parties. It does not contain any representation or warranty that the grantor's title to the property is valid. This does not mean that all property transfers involving a quitclaim deed are inherently risky.

Disadvantages of a Lady Bird Deed If you plan to apply for a mortgage on the property, some title insurance companies may be reluctant to provide title insurance on property subject to a Lady Bird deed. You want to leave the property to more than one grantee. There is a fairly large mortgage balance on the property.

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

Transfer-on-Death Deeds in Washington State A TOD deed, also called a beneficiary deed, is a legal method of property transfer first enacted by Washington State legislature on June 12, 2014.

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

The Washington statutory warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property. The warranty is not limited to the time that the current owner owned the property.

Although a Washington TOD deed serves the same purpose as a lady bird deed (also called an enhanced life estate deed), each deed is legally distinct. Lady bird deeds are only recognized in five states: Florida, Texas, Michigan, Vermont, and West Virginia.

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In some areas, a grant deed is also known as a special warranty deed. Grant deeds are state specific.General Warranty Deed (with Survivorship Rights). Couples who hold title to property as unmarried, but wish to have Survivorship Rights. One of the papers I had to sign at the escrow office was the Statutory Warranty Deed. A special warranty deed only warrants against problems in the property title that occurred during ownership of the property. Missing: King ‎Husband Applications filled up for bike giveaway. Applications filled up for bike giveaway. (Formerly at 1316, 3rd Ave.) If You are a man.

This application must be dated and completed online. Please check your grammar, punctuation and spelling. Please put “Man's Rights” in the subject title. For all others, put “Man's Rights” in the title. Please put “Man's Rights” in the subject title.

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King Washington Warranty Deed from Husband and Wife to Corporation