Rochester New York Warranty Deed from Corporation to Individual

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• Control #: NY-011-78
• Format: Word; Rich Text

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 Rochester New York Warranty Deed from Corporation to Individual is a legal document that transfers ownership of real estate from a corporation to an individual in Rochester, New York. This type of deed provides a guarantee or warranty from the corporation to the individual, ensuring that they have a clear and valid title to the property. In Rochester, there are two primary types of warranty deeds that corporations use to transfer property to individuals: General Warranty Deed and Special Warranty Deed. 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the individual purchaser. It guarantees that the corporation has full ownership of the property and has the legal right to transfer it. Additionally, it assures the individual that there are no unknown liens, encumbrances, or claims against the property. If any issues arise in the future, the corporation is legally obligated to defend the individual's ownership rights. Keywords: Rochester New York, Warranty Deed, Corporation, Individual, real estate, ownership, guarantee, clear title, liens, encumbrances, claims, defense. 2. Special Warranty Deed: This type of warranty deed provides a more limited level of protection compared to a General Warranty Deed. It guarantees that the corporation has not caused any undisclosed defects to the property during its ownership. However, it does not provide protection against any issues or claims that may have existed before the corporation acquired the property. The individual purchaser is assured that the property is free from any defects caused by the corporation's actions. Keywords: Rochester New York, Warranty Deed, Corporation, Individual, real estate, limited protection, undisclosed defects, ownership, claims, assurance. In both types of warranty deeds, the corporation is responsible for any legal expenses incurred by the individual if their ownership rights are challenged or compromised due to the actions of the corporation. Additionally, these deeds are typically recorded in the Monroe County Clerk's Office to ensure their validity and provide a public record of the transfer. Whether individuals are purchasing residential or commercial properties, having a warranty deed from a corporation ensures that they have a secure and marketable title to the property. It is crucial for both parties involved to consult legal professionals who specialize in real estate law to draft and execute the deed correctly, protecting the interests of all parties involved. Keywords: Rochester New York, Warranty Deed, Corporation, Individual, real estate, legal expenses, Monroe County Clerk's Office, secure title, marketable title, legal professionals, real estate law, property transfer.

A Rochester New York Warranty Deed from Corporation to Individual is a legal document that transfers ownership of real estate from a corporation to an individual in Rochester, New York. This type of deed provides a guarantee or warranty from the corporation to the individual, ensuring that they have a clear and valid title to the property. In Rochester, there are two primary types of warranty deeds that corporations use to transfer property to individuals: General Warranty Deed and Special Warranty Deed. 1. General Warranty Deed: This type of warranty deed provides the highest level of protection to the individual purchaser. It guarantees that the corporation has full ownership of the property and has the legal right to transfer it. Additionally, it assures the individual that there are no unknown liens, encumbrances, or claims against the property. If any issues arise in the future, the corporation is legally obligated to defend the individual's ownership rights. Keywords: Rochester New York, Warranty Deed, Corporation, Individual, real estate, ownership, guarantee, clear title, liens, encumbrances, claims, defense. 2. Special Warranty Deed: This type of warranty deed provides a more limited level of protection compared to a General Warranty Deed. It guarantees that the corporation has not caused any undisclosed defects to the property during its ownership. However, it does not provide protection against any issues or claims that may have existed before the corporation acquired the property. The individual purchaser is assured that the property is free from any defects caused by the corporation's actions. Keywords: Rochester New York, Warranty Deed, Corporation, Individual, real estate, limited protection, undisclosed defects, ownership, claims, assurance. In both types of warranty deeds, the corporation is responsible for any legal expenses incurred by the individual if their ownership rights are challenged or compromised due to the actions of the corporation. Additionally, these deeds are typically recorded in the Monroe County Clerk's Office to ensure their validity and provide a public record of the transfer. Whether individuals are purchasing residential or commercial properties, having a warranty deed from a corporation ensures that they have a secure and marketable title to the property. It is crucial for both parties involved to consult legal professionals who specialize in real estate law to draft and execute the deed correctly, protecting the interests of all parties involved. Keywords: Rochester New York, Warranty Deed, Corporation, Individual, real estate, legal expenses, Monroe County Clerk's Office, secure title, marketable title, legal professionals, real estate law, property transfer.