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 Seattle Washington Warranty Deed from Husband and Wife to Corporation is a legal document that allows a married couple to transfer ownership of real estate property to a corporation. This type of deed ensures that the property's title is clear and that the corporation receives full ownership rights and protections. The term "Seattle" refers to the specific location where the property is situated, indicating that the deed complies with the laws and regulations of Seattle, Washington. "Warranty Deed" implies that the couple guarantees that they are the rightful owners of the property and that there are no liens, encumbrances, or claims on the property, except those mentioned in the deed. The warranty deed provides strong assurances to the corporation that they are receiving a clean and marketable title to the property. The phrase "from Husband and Wife" signifies that both spouses are involved in conveying the property. It acknowledges that both parties have an equal interest in the property and are willingly transferring their ownership rights to the corporation. This ensures that the corporation receives the full and undivided interest in the property. The keyword "Corporation" highlights the type of entity that will be the new owner of the property. This could refer to any type of corporation, such as a for-profit business or a non-profit organization. The corporation may have various purposes, such as real estate development, investment, or business operations. Different types of Seattle Washington Warranty Deeds from Husband and Wife to Corporation may include variations based on the specific circumstances or requirements. For instance, if the corporation is formed solely for the purpose of owning and managing the property, it could be referred to as a "Holding Corporation" or a "Property Management Corporation." If the property is being transferred for a specific business venture, it could be described as a "Business Operations Corporation." In summary, a Seattle Washington Warranty Deed from Husband and Wife to Corporation is a legal document that facilitates the transfer of real estate ownership from a married couple to a corporation. It ensures that the property's title is clear and free of encumbrances. The specific type of corporation and its intended purpose may be mentioned to provide additional clarity about the transaction.
