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Iowa Warranty Deed from Corporation to Corporation

Corporate Warranty Deed

Name: Iowa Warranty Deed from Corporation to Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.66 (479 reviews)

Category:

Iowa Real Estate - Deeds - Warranty

State:

Iowa

Control #:

IA-013-78

Format:

Instant download

Description

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

LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate

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FAQ

You must properly execute an Iowa deed to successfully transfer your property rights. A deed must be dated, and the property owner must sign it in the presence of a notary public. Signatures must be in an ink color that can be easily read and photocopied, such as black or dark blue.

A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.

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

Corporate warranty deeds offer the seller's guarantee to the buyer in regards to the validity of the chain of title. Generally, special warranty deeds only protect against problems occurring since the seller purchased the property.

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.

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.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

Contrary to normal expectations, the Deed DOES NOT have to be recorded to be effective or to show delivery, and because of that, the Deed DOES NOT have to be signed in front of a Notary Public. However, if you plan to record it, then it does have to be notarized as that is a County Recorder requirement.

In order to make the Warranty Deed legally binding, the Seller needs to sign it front of a notary public. Then signed and notarized deed must be filed at the city or county office for recording property documents. Before filing with this office all previously billed property taxes must be paid in full.

Corporate Warranty Deed

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How to fill out Iowa Warranty Deed From Corporation To Corporation?

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FAQ

How do I transfer property in Iowa?

What is the purpose of a warranty deed?

Does a warranty deed prove ownership?

What is a corporation warranty deed?

Who keeps original warranty deed?

What is the difference between a deed and a warranty deed?

Does a warranty deed mean you own the property?

Does a warranty deed need to be recorded?

How do I write a warranty deed?

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Corporate Warranty Deed

Description

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How to fill out Iowa Warranty Deed From Corporation To Corporation?

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