A Bronx New York Warranty Deed from Corporation to Individual is a legal document that transfers property ownership rights from a corporation to an individual in the Bronx, New York. This type of deed provides a guarantee or warranty by the corporation that they have full legal authority to transfer the property and that the property is free from any encumbrances or title defects. Keywords: Bronx New York Warranty Deed, Corporation to Individual, legal document, property ownership, transfer, guarantee, warranty, corporation, individual, encumbrances, title defects. There are several variations of the Bronx New York Warranty Deed from Corporation to Individual, including: 1. General Warranty Deed: This type of Warranty Deed provides the highest level of protection to the individual, as the corporation guarantees to defend the property against all claims or disputes arising before, during, or even after the corporation's ownership. 2. Special Warranty Deed: This Warranty Deed offers a limited guarantee to the individual. The corporation only warrants that they have not caused any title defects or encumbrances during their ownership, but they do not take responsibility for any pre-existing issues. 3. Bargain and Sale Deed with Covenants: This type of deed ensures that the corporation has the legal authority to transfer the property but does not guarantee that the property is free from defects or encumbrances. It provides more protection than a Quitclaim Deed but less than a Warranty Deed. 4. Quitclaim Deed: In this case, the corporation transfers its interest in the property to the individual without providing any guarantees or warranties. The individual receives only the rights and interests that the corporation had in the property, and there is no assurance regarding the property's condition or title. It is essential for both the corporation and the individual to consult with an experienced real estate attorney or legal professional to ensure that the specific type of Bronx New York Warranty Deed from Corporation to Individual they choose accurately reflects their intentions and provides the necessary legal protections.
Bronx New York Warranty Deed from Corporation to Individual
Category:
State:
New York
Control #:
NY-011-78
Format:
Word;
Rich Text
Instant download
Description
This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. 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.
A Bronx New York Warranty Deed from Corporation to Individual is a legal document that transfers property ownership rights from a corporation to an individual in the Bronx, New York. This type of deed provides a guarantee or warranty by the corporation that they have full legal authority to transfer the property and that the property is free from any encumbrances or title defects. Keywords: Bronx New York Warranty Deed, Corporation to Individual, legal document, property ownership, transfer, guarantee, warranty, corporation, individual, encumbrances, title defects. There are several variations of the Bronx New York Warranty Deed from Corporation to Individual, including: 1. General Warranty Deed: This type of Warranty Deed provides the highest level of protection to the individual, as the corporation guarantees to defend the property against all claims or disputes arising before, during, or even after the corporation's ownership. 2. Special Warranty Deed: This Warranty Deed offers a limited guarantee to the individual. The corporation only warrants that they have not caused any title defects or encumbrances during their ownership, but they do not take responsibility for any pre-existing issues. 3. Bargain and Sale Deed with Covenants: This type of deed ensures that the corporation has the legal authority to transfer the property but does not guarantee that the property is free from defects or encumbrances. It provides more protection than a Quitclaim Deed but less than a Warranty Deed. 4. Quitclaim Deed: In this case, the corporation transfers its interest in the property to the individual without providing any guarantees or warranties. The individual receives only the rights and interests that the corporation had in the property, and there is no assurance regarding the property's condition or title. It is essential for both the corporation and the individual to consult with an experienced real estate attorney or legal professional to ensure that the specific type of Bronx New York Warranty Deed from Corporation to Individual they choose accurately reflects their intentions and provides the necessary legal protections.
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