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This document serves as a General Warranty Deed that conveys property from a corporation to a husband and wife as joint tenants with rights of survivorship. It includes necessary acknowledgments,

How to fill out general warranty deed

How to fill out General Warranty Deed

1. Obtain a General Warranty Deed form from a legal stationery store or an online legal document provider.
2. Fill in the names of the grantor (seller) and grantee (buyer) clearly on the form.
3. Provide a legal description of the property being transferred, including the address and parcel number if applicable.
4. Specify the consideration (amount paid for the property) in the deed.
5. Check state-specific requirements for witnessing or notarization; some states require a notary public to witness the signing.
6. Sign the deed in front of a notary public if required, ensuring all parties involved do so.
7. File the completed and signed General Warranty Deed with the appropriate county recorder's office or register of deeds.

Who needs General Warranty Deed?

1. Property buyers seeking protection against future claims to the property.
2. Sellers who want to assure the buyer that the title is clear and free of defects.
3. Real estate professionals involved in property transactions.
4. Individuals transferring property to family members or as gifts.

This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Granter is a corporation and the Grantees are husband and wife. Granter conveys and warrants the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Granter, if any, which are reserved by Granter. This deed complies with all applicable state statutory laws.

People Also Ask about

What is a general warranty deed?

A general warranty deed is a legal agreement that protects a property buyer from any debts held against the property they're purchasing. If such a debt emerges after the sale, the seller, not the buyer, is financially responsible for that debt.

What is the main purpose of a warranty deed?

In reality, a warranty deed does not directly prove ownership but guarantees that the property is free of liens and that the seller has the legal right to sell the property. This guarantee provides a significant level of protection for the buyer, facilitating a smooth and secure transfer of property ownership.

What should a warranty deed say?

A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments.

Who prepares a general warranty deed?

You can obtain a warranty deed through your real estate agent's office or download an online template. All warranty deeds must include the date of the transaction, the name of the parties involved, a legal description of the property being transferred, a list of title defects and the signatures of the buyers.

Who benefits the most from a warranty deed?

A warranty deed offers the strongest protection. It protects the party receiving the property title in case there turns out to be any issues with the title. In a worst-case scenario, the buyer can sue the seller if they find out that the property had any liens or claims against it.

What are the 5 basic covenants of a general warranty deed?

Typically, there are five primary covenants contained in a warranty deed: 1) the seller is seized in fee; 2) the seller has the right to convey; 3) quiet enjoyment of the property; 4) the land is free from all encumbrances; and 5) to warrant and defend.

For pdfFiller’s FAQs

What is General Warranty Deed?

A General Warranty Deed is a legal document that provides a guarantee from the seller (grantor) to the buyer (grantee) that the property being transferred is free from any claims or encumbrances, and that the seller holds clear title to the property.

Who is required to file General Warranty Deed?

The seller (grantor) is typically required to file a General Warranty Deed when transferring ownership of property to the buyer (grantee). The buyer may also need to ensure the deed is filed appropriately with the local government office.

How to fill out General Warranty Deed?

To fill out a General Warranty Deed, include the name and address of the grantor and grantee, a legal description of the property, the sale consideration (if applicable), and any warranties being made. Sign the document in the presence of a notary public and ensure it is filed with the appropriate government office.

What is the purpose of General Warranty Deed?

The purpose of a General Warranty Deed is to provide a high level of protection to the buyer by guaranteeing that the property is free of any debts or claims against it, and assuring that the seller has the legal right to transfer ownership.

What information must be reported on General Warranty Deed?

A General Warranty Deed must include the names and addresses of the grantor and grantee, the legal description of the property, the consideration for the sale, and any warranties or covenants provided by the grantor regarding the title of the property.