Broken Arrow Oklahoma Warranty Deed from Corporation to Individual

• Category: Oklahoma Real Estate - Deeds - Warranty
• State: Oklahoma
• Control #: OK-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 Broken Arrow Oklahoma Warranty Deed from Corporation to Individual refers to a legally binding document that transfers ownership of property from a corporation to an individual with a guarantee of clear title and protection against any claims. This type of deed is commonly used when a corporation decides to sell or transfer a property asset to a person. The Broken Arrow Oklahoma Warranty Deed from Corporation to Individual serves as proof of lawful ownership transfer, ensuring that the individual receiving the property has complete rights and protections. It provides a warranty or guarantee that the corporation has the legal authority to transfer the property and that there are no outstanding legal claims or encumbrances against it. There are several variations or types of Broken Arrow Oklahoma Warranty Deeds from Corporation to Individual, designed to suit different circumstances and legal requirements. Some common types include: 1. General Warranty Deed: This type of deed offers the highest level of protection and assurance. It guarantees that the corporation holds clear title to the property and warrants against defects even if they occurred before the corporation acquired the property. 2. Special Warranty Deed: Unlike the general warranty deed, this type of deed only guarantees against defects or claims that arose during the corporation's ownership period. It does not cover any issues that may have existed before the corporation acquired the property. 3. Quitclaim Deed: This is a type of deed that relinquishes the corporation's rights and claims to the property without providing any warranty or guarantee. It transfers whatever interest the corporation may have in the property to the individual but offers no protection against potential title issues. 4. Bargain and Sale Deed: This type of deed is often used when there is a foreclosure or tax sale by the corporation. It transfers the property to the individual but does not provide any warranties regarding title issues or defects. In Broken Arrow, Oklahoma, these different types of warranty deeds from corporations to individuals can be used based on the specific circumstances of the property transfer and the legal requirements of the parties involved. It is crucial to consult with a knowledgeable attorney or experienced real estate professional to determine the most suitable type of warranty deed for a particular situation.

A Broken Arrow Oklahoma Warranty Deed from Corporation to Individual refers to a legally binding document that transfers ownership of property from a corporation to an individual with a guarantee of clear title and protection against any claims. This type of deed is commonly used when a corporation decides to sell or transfer a property asset to a person. The Broken Arrow Oklahoma Warranty Deed from Corporation to Individual serves as proof of lawful ownership transfer, ensuring that the individual receiving the property has complete rights and protections. It provides a warranty or guarantee that the corporation has the legal authority to transfer the property and that there are no outstanding legal claims or encumbrances against it. There are several variations or types of Broken Arrow Oklahoma Warranty Deeds from Corporation to Individual, designed to suit different circumstances and legal requirements. Some common types include: 1. General Warranty Deed: This type of deed offers the highest level of protection and assurance. It guarantees that the corporation holds clear title to the property and warrants against defects even if they occurred before the corporation acquired the property. 2. Special Warranty Deed: Unlike the general warranty deed, this type of deed only guarantees against defects or claims that arose during the corporation's ownership period. It does not cover any issues that may have existed before the corporation acquired the property. 3. Quitclaim Deed: This is a type of deed that relinquishes the corporation's rights and claims to the property without providing any warranty or guarantee. It transfers whatever interest the corporation may have in the property to the individual but offers no protection against potential title issues. 4. Bargain and Sale Deed: This type of deed is often used when there is a foreclosure or tax sale by the corporation. It transfers the property to the individual but does not provide any warranties regarding title issues or defects. In Broken Arrow, Oklahoma, these different types of warranty deeds from corporations to individuals can be used based on the specific circumstances of the property transfer and the legal requirements of the parties involved. It is crucial to consult with a knowledgeable attorney or experienced real estate professional to determine the most suitable type of warranty deed for a particular situation.