Alaska Warranty Deed from Husband and Wife to Corporation
Overview of this form
This Warranty Deed from Husband and Wife to Corporation is a legal document that transfers ownership of property from a married couple (the grantors) to a corporation (the grantee). Unlike other real estate transfer forms, this warranty deed includes specific warranties that the grantors are legally entitled to sell the property and that it is free from encumbrances, except as noted. This form is essential for ensuring a clear title transfer while reserving certain rights to mineral interests, if applicable.
What’s included in this form
- Identification of grantors (husband and wife) and the grantee (corporation).
- Description of the property being transferred, including an attached legal description.
- Reservation of oil, gas, and mineral rights, if applicable.
- Covenant ensuring the grantors have the right to convey the property.
- Signatures of the grantors and notary acknowledgment.
Common use cases
This form is used when a married couple wants to transfer property ownership to a corporation. It is applicable in situations such as setting up a business where the property is to be held by the corporation or in cases of property consolidation. Use this warranty deed to ensure both the transfer of property and the protection of the couple's rights as grantors.
Who needs this form
This form is intended for:
- Married couples wishing to transfer property to a corporation.
- Individuals and companies looking to legally document the transfer of ownership.
- Families involved in estate planning who want to establish clear property transfers.
Instructions for completing this form
- Identify and list the names of the grantors (husband and wife).
- Specify the name of the corporation receiving the property as the grantee.
- Attach the legal description of the property as Exhibit A.
- Reserve any oil, gas, and mineral rights if necessary.
- Obtain the signatures of both grantors and a notarization to validate the deed.
Does this document require notarization?
Notarization is required for this form to take effect. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session, available 24/7.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to attach the legal description of the property.
- Omitting specific reservations regarding mineral rights.
- Not obtaining necessary notarization for the deed.
- Leaving out the date of the transfer.
Advantages of online completion
- Easy to download and print, saving time compared to traditional forms.
- Editable templates ensure you can customize the deed to fit your needs.
- Reliability with forms drafted by licensed attorneys, ensuring legal compliance.
Quick recap
- A warranty deed transfers property from a married couple to a corporation.
- It includes important legal guarantees regarding property title.
- Failure to notarize or attach the legal description can invalidate the form.
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FAQ
Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.
The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company for you to sign at closing. The title company is commonly the trustee to the deed and holds legal title to the property until the loan gets fully repaid.
Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.
After your Warranty Deed has been recorded at the County Clerk's Office, it can be sent to the grantee. However, any person or corporation can be designated as the recipient of the recorded Warranty Deed.
The original deed is returned to the owner of the property from the office of the recorder after proper entry. The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index including a reference to all documents recorded.
It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating
If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.
Identify the donee or recipient. Discuss terms and conditions with that person. Complete a change of ownership form. Change the title on the deed. Hire a real estate attorney to prepare the deed. Notarize and file the deed.
By both spouses as tenants by the entirety; By both spouses as Alaska Community Property with a right of survivorship; or. By a Trustee in trust; or.
