This form is a Warranty Deed where the Grantor is a business entity such as a corporation or limited liability company, acting through an attorney, and the Grantees are two individuals or husband and wife. Grantor conveys and warrants the described property to Grantees. This deed complies with all state statutory laws.
A Carmel Indiana Warranty Deed from Business Entity, through attorney-in-fact, to Two Individuals or Husband and Wife is a legal document that facilitates the transfer of property ownership from a business entity to two individuals, who may be a married couple. This warranty deed serves as proof of ownership and guarantees that the property being conveyed is free from any liens, encumbrances, or claims, except those explicitly mentioned in the deed. The involvement of the attorney-in-fact signifies that the business entity is represented by an authorized representative who has the legal power to act on its behalf in such transactions. There are several types of Carmel Indiana Warranty Deed from Business Entity, through attorney-in-fact, to Two Individuals or Husband and Wife based on specific circumstances or requirements. Some notable variations include: 1. General Warranty Deed: This type offers the highest level of protection to the buyer as it guarantees the property's title against any claims, even those arising from previous owners. 2. Special Warranty Deed: Unlike the general warranty deed, this version provides protection against any claims only during the time the business entity owned the property. It does not cover any issues that might have occurred before the business entity acquired the property. 3. Quitclaim Deed: This type of deed transfers the property without any guarantees or warranties. It is typically used when there is a high level of trust between the business entity and the individuals or when the property is being transferred for non-monetary reasons such as gifting or inheritance. When preparing a Carmel Indiana Warranty Deed from Business Entity, through attorney-in-fact, to Two Individuals or Husband and Wife, it is crucial to ensure compliance with Indiana state laws and regulations. Working with an experienced attorney is recommended to ensure a smooth and legally valid transfer of property ownership. Remember to consult with legal professionals familiar with Indiana real estate laws and regulations for guidance specific to your situation.
