Syracuse New York Warranty Deed from Corporation to Corporation

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• Control #: NY-013-78
• Format: Word; Rich Text

Description

This Warranty Deed from Corporation to Corporation form is a Warranty Deed where the Grantor is a corporation and the Grantee is a corporation. 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 Syracuse New York Warranty Deed from Corporation to Corporation is a legal document used to transfer ownership of real estate property from one corporation to another in Syracuse, New York. This type of deed guarantees that the property being transferred is free from any encumbrances or defects, and the transferring corporation has the legal authority to convey the property. The warranty deed includes important details such as the names of the transferring corporation (granter) and the receiving corporation (grantee), a detailed description of the property being transferred, the purchase price or consideration for the transfer, and any specific conditions or restrictions that may apply. Different types of Syracuse New York Warranty Deed from Corporation to Corporation may include: 1. General Warranty Deed: This is the most common type of warranty deed. It provides the highest level of protection to the grantee, as the granter guarantees that they hold clear title to the property and will defend against any future claims. 2. Special Warranty Deed: This type of warranty deed also guarantees that the granter holds clear title to the property, but only for the period during which the granter owned the property. It does not cover any potential issues that existed before the granter acquired the property. 3. Quitclaim Deed: Though not a warranty deed per se, a Quitclaim Deed may also be used in some cases of corporation-to-corporation property transfers. This type of deed simply transfers the interest or claim the granter has in the property, without providing any guarantees or warranties about the title. It is typically used in situations where the transferring corporation wants to release any interest it may have in the property, without assuming any responsibility for its condition or claims against it. It is important for both the granter and grantee corporations to review the warranty deed thoroughly before signing, and seek legal counsel if needed, to ensure that the transfer has been completed accurately and in compliance with the Syracuse, New York laws and regulations.

A Syracuse New York Warranty Deed from Corporation to Corporation is a legal document used to transfer ownership of real estate property from one corporation to another in Syracuse, New York. This type of deed guarantees that the property being transferred is free from any encumbrances or defects, and the transferring corporation has the legal authority to convey the property. The warranty deed includes important details such as the names of the transferring corporation (granter) and the receiving corporation (grantee), a detailed description of the property being transferred, the purchase price or consideration for the transfer, and any specific conditions or restrictions that may apply. Different types of Syracuse New York Warranty Deed from Corporation to Corporation may include: 1. General Warranty Deed: This is the most common type of warranty deed. It provides the highest level of protection to the grantee, as the granter guarantees that they hold clear title to the property and will defend against any future claims. 2. Special Warranty Deed: This type of warranty deed also guarantees that the granter holds clear title to the property, but only for the period during which the granter owned the property. It does not cover any potential issues that existed before the granter acquired the property. 3. Quitclaim Deed: Though not a warranty deed per se, a Quitclaim Deed may also be used in some cases of corporation-to-corporation property transfers. This type of deed simply transfers the interest or claim the granter has in the property, without providing any guarantees or warranties about the title. It is typically used in situations where the transferring corporation wants to release any interest it may have in the property, without assuming any responsibility for its condition or claims against it. It is important for both the granter and grantee corporations to review the warranty deed thoroughly before signing, and seek legal counsel if needed, to ensure that the transfer has been completed accurately and in compliance with the Syracuse, New York laws and regulations.