Wisconsin Warranty Deed from Corporation to Corporation
What this document covers
The Warranty Deed from Corporation to Corporation is a legal document used to transfer ownership of real property from one corporation (the Grantor) to another (the Grantee). This form ensures that the Grantor conveys the property free of encumbrances, except for specific reservations, such as oil, gas, and minerals. Unlike other types of deeds, this form is specifically designed for corporate entities, making it suitable for business transactions involving real estate.
What’s included in this form
- Description of the property being transferred
- Parcel Identification Number for reference
- Details regarding prior instrument references
- Reservation clauses for oil, gas, and minerals
- Warranties regarding the title's validity
- Signatures of the authorized corporate representatives
- Notary acknowledgment section
When this form is needed
This form should be used when a corporation wishes to transfer ownership of real estate to another corporation. Scenarios may include the sale of commercial property, restructuring of corporate assets, or mergers and acquisitions involving real estate holdings. It is a formal requirement to have a Warranty Deed in these transactions to ensure the legal transfer of property rights.
Intended users of this form
This form is intended for:
- Corporations involved in a property transfer
- Corporate legal representatives handling real estate transactions
- Business owners needing to document transfer of business assets
- Real estate professionals assisting with corporate property sales
Completing this form step by step
- Identify and describe the property being transferred, including the parcel identification number.
- Provide reference details from any prior instruments related to the property.
- Specify any reservations, such as oil, gas, and mineral rights, that are not being transferred.
- Include the names and titles of corporate representatives executing the deed.
- Ensure the document is signed by authorized individuals from both corporations.
- Obtain notarization if required or complete the alternative authentication process.
Does this document require notarization?
Yes, this form must be notarized to be legally valid. US Legal Forms offers integrated online notarization, available 24/7, ensuring secure video calls with notaries, legal equivalence, and no need for travel.
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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 to avoid
- Failing to include proper property description and identification.
- Not specifying reservations clearly, leading to future disputes.
- Missing signatures from authorized corporate representatives.
- Neglecting to notarize the document when required.
- Forgetting to include the date of execution.
Advantages of online completion
- Easy access to the form anytime, allowing for convenient completion.
- Editable fields that can be customized to your needs.
- Reliable templates drafted by licensed attorneys ensuring compliance with legal standards.
- Immediate download options so you can use the form without delay.
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FAQ
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.
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.
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.
