Kings New York Warranty Deed from Corporation to Two Individuals

• Category: New York Real Estate - Deeds - Warranty
• State: New York
• Control #: NY-014-78
• Format: Word; Rich Text

Description

This Warranty Deed from Corporation to Two Individuals form is a Warranty Deed where the Grantor is a corporation and the Grantees are two individuals. Grantors 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 state statutory laws. A Kings New York Warranty Deed from Corporation to Two Individuals is a legal document that transfers ownership of a property from a corporation to two individuals, ensuring that the property is free from any liens or encumbrances. The Kings New York Warranty Deed is a specific type of warranty deed that complies with the laws and regulations of Kings County, New York. It provides a guarantee that the corporation, as the granter, has complete ownership of the property and has the legal right to transfer it to the two individuals, known as grantees. This deed includes essential details such as the names and addresses of the granter and grantees, a detailed legal description of the property being transferred, and the consideration or amount paid for the property. It also contains warranties, affirming that the granter will defend the title against any claims that may arise in the future. It is crucial to consult with an attorney or real estate professional when dealing with a Kings New York Warranty Deed from Corporation to Two Individuals as there are different variations and specific types. Some commonly recognized types include: 1. General Warranty Deed: This type of deed offers the broadest level of protection to the grantees. It guarantees that the title is free and clear from any defects or claims, not only during the granter's ownership but also from any previous willful or unintentional actions. 2. Special Warranty Deed: This type of deed limits the granter's warranty to only the duration of their ownership. It guarantees that no encumbrances or defects have occurred during the granter's tenure, but does not provide protection against any past issues. 3. Quitclaim Deed: Unlike the warranty deeds, a quitclaim deed offers no warranties or guarantees regarding the title. It only transfers the granter's interest or claim in the property, if any, without any assurance of ownership or freedom from liens. 4. Bargain and Sale Deed: This type of deed provides minimal warranties to the grantees. While it conveys the property without any warranties against the granter's own actions, it does not protect against any defects or claims that may have existed before the granter's ownership. When obtaining a Kings New York Warranty Deed from a Corporation to Two Individuals, it is crucial to identify the specific type of warranty deed being used and ensure that all parties involved fully understand its terms and implications. Consulting a legal professional can help guide you through the process and avoid any potential complications in the future.

A Kings New York Warranty Deed from Corporation to Two Individuals is a legal document that transfers ownership of a property from a corporation to two individuals, ensuring that the property is free from any liens or encumbrances. The Kings New York Warranty Deed is a specific type of warranty deed that complies with the laws and regulations of Kings County, New York. It provides a guarantee that the corporation, as the granter, has complete ownership of the property and has the legal right to transfer it to the two individuals, known as grantees. This deed includes essential details such as the names and addresses of the granter and grantees, a detailed legal description of the property being transferred, and the consideration or amount paid for the property. It also contains warranties, affirming that the granter will defend the title against any claims that may arise in the future. It is crucial to consult with an attorney or real estate professional when dealing with a Kings New York Warranty Deed from Corporation to Two Individuals as there are different variations and specific types. Some commonly recognized types include: 1. General Warranty Deed: This type of deed offers the broadest level of protection to the grantees. It guarantees that the title is free and clear from any defects or claims, not only during the granter's ownership but also from any previous willful or unintentional actions. 2. Special Warranty Deed: This type of deed limits the granter's warranty to only the duration of their ownership. It guarantees that no encumbrances or defects have occurred during the granter's tenure, but does not provide protection against any past issues. 3. Quitclaim Deed: Unlike the warranty deeds, a quitclaim deed offers no warranties or guarantees regarding the title. It only transfers the granter's interest or claim in the property, if any, without any assurance of ownership or freedom from liens. 4. Bargain and Sale Deed: This type of deed provides minimal warranties to the grantees. While it conveys the property without any warranties against the granter's own actions, it does not protect against any defects or claims that may have existed before the granter's ownership. When obtaining a Kings New York Warranty Deed from a Corporation to Two Individuals, it is crucial to identify the specific type of warranty deed being used and ensure that all parties involved fully understand its terms and implications. Consulting a legal professional can help guide you through the process and avoid any potential complications in the future.