Queens New York Warranty Deed from Corporation to Husband and Wife

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• Control #: NY-010-78
• Format: Word; Rich Text

Description

This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor conveys and warrants the described property to Grantees 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 applicable state statutory laws. A Queens New York Warranty Deed from Corporation to Husband and Wife is a legal document that transfers the ownership of a property from a corporation to a married couple. This deed ensures that the corporation guarantees a clear and marketable title to the property, protecting the buyers from any potential future claims or encumbrances. In Queens, New York, there are a few different types of Warranty Deeds that corporations can use to transfer a property to a husband and wife: 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyers. It guarantees that the corporation holds valid ownership of the property and has the right to sell it. Additionally, it promises that the property is free from any hidden defects, encumbrances, or claims. 2. Special Warranty Deed: Unlike the General Warranty Deed, a Special Warranty Deed only guarantees that the corporation has not caused any defects to the property during its ownership. It does not protect the buyers from any potential claims or encumbrances that existed before the corporation acquired the property. 3. Quitclaim Deed: A Quitclaim Deed transfers the corporation's interest in the property to the husband and wife without any warranties or guarantees. It simply states that the corporation relinquishes any claim it may have on the property, without affirming its validity or ensuring a clear title. When obtaining a Queens New York Warranty Deed from Corporation to Husband and Wife, it is crucial to consult an attorney or a real estate professional to ensure you select the appropriate type of deed that suits your needs and provides sufficient protection. Additionally, it is advisable to thoroughly review the terms and conditions stated in the deed before signing, to fully understand the rights and responsibilities associated with the property transfer.

A Queens New York Warranty Deed from Corporation to Husband and Wife is a legal document that transfers the ownership of a property from a corporation to a married couple. This deed ensures that the corporation guarantees a clear and marketable title to the property, protecting the buyers from any potential future claims or encumbrances. In Queens, New York, there are a few different types of Warranty Deeds that corporations can use to transfer a property to a husband and wife: 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyers. It guarantees that the corporation holds valid ownership of the property and has the right to sell it. Additionally, it promises that the property is free from any hidden defects, encumbrances, or claims. 2. Special Warranty Deed: Unlike the General Warranty Deed, a Special Warranty Deed only guarantees that the corporation has not caused any defects to the property during its ownership. It does not protect the buyers from any potential claims or encumbrances that existed before the corporation acquired the property. 3. Quitclaim Deed: A Quitclaim Deed transfers the corporation's interest in the property to the husband and wife without any warranties or guarantees. It simply states that the corporation relinquishes any claim it may have on the property, without affirming its validity or ensuring a clear title. When obtaining a Queens New York Warranty Deed from Corporation to Husband and Wife, it is crucial to consult an attorney or a real estate professional to ensure you select the appropriate type of deed that suits your needs and provides sufficient protection. Additionally, it is advisable to thoroughly review the terms and conditions stated in the deed before signing, to fully understand the rights and responsibilities associated with the property transfer.