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 warranty deed is a legally binding document that transfers the ownership of a property from a corporation to two individuals in Broken Arrow, Oklahoma. This type of deed offers the highest level of protection and assurance to the buyers, ensuring that the property is free from any encumbrances or claims. In Broken Arrow, Oklahoma, there are a few different types of warranty deeds that can be used in the transfer of property from a corporation to two individuals. These include: 1. General Warranty Deed: A general warranty deed guarantees that the sellers (the corporation) have clear title to the property and will defend the buyers against any claims made by third parties. It includes covenants or promises that protect the buyers against any defects or title issues that may arise in the future. 2. Special Warranty Deed: A special warranty deed also provides certain protections to the buyers, but only covers title issues or claims that may have arisen during the time the corporation owned the property. It does not offer protection from any previous claims or encumbrances that may exist before the corporation acquired the property. 3. Limited Warranty Deed: A limited warranty deed is similar to a special warranty deed, but with even more limited protections. It typically guarantees that the corporation has not created any liens or encumbrances on the property during their ownership but does not provide guarantees against any prior claims or defects in title. When drafting a Broken Arrow Warranty Deed from a Corporation to Two Individuals, the document should include important details such as: — Full legal description of the property being transferred. — Names and addresses of the corporation as the granter and the two individuals as the grantees. — Declaration of thgranteror's intention to transfer the property to the grantees. — Clear statement of consideration (monetary value or other compensation) for the transfer. — Specific warranties and covenants provided by the granter to the grantees, depending on the type of warranty deed chosen. — Signatures of the authorized representatives of the corporation and the two individuals, along with notarization. This detailed description of Broken Arrow Oklahoma Warranty Deed from Corporation to Two Individuals captures the key aspects and nuances involved in the transfer of property, ensuring clarity and legal protection for both parties involved.A warranty deed is a legally binding document that transfers the ownership of a property from a corporation to two individuals in Broken Arrow, Oklahoma. This type of deed offers the highest level of protection and assurance to the buyers, ensuring that the property is free from any encumbrances or claims. In Broken Arrow, Oklahoma, there are a few different types of warranty deeds that can be used in the transfer of property from a corporation to two individuals. These include: 1. General Warranty Deed: A general warranty deed guarantees that the sellers (the corporation) have clear title to the property and will defend the buyers against any claims made by third parties. It includes covenants or promises that protect the buyers against any defects or title issues that may arise in the future. 2. Special Warranty Deed: A special warranty deed also provides certain protections to the buyers, but only covers title issues or claims that may have arisen during the time the corporation owned the property. It does not offer protection from any previous claims or encumbrances that may exist before the corporation acquired the property. 3. Limited Warranty Deed: A limited warranty deed is similar to a special warranty deed, but with even more limited protections. It typically guarantees that the corporation has not created any liens or encumbrances on the property during their ownership but does not provide guarantees against any prior claims or defects in title. When drafting a Broken Arrow Warranty Deed from a Corporation to Two Individuals, the document should include important details such as: — Full legal description of the property being transferred. — Names and addresses of the corporation as the granter and the two individuals as the grantees. — Declaration of thgranteror's intention to transfer the property to the grantees. — Clear statement of consideration (monetary value or other compensation) for the transfer. — Specific warranties and covenants provided by the granter to the grantees, depending on the type of warranty deed chosen. — Signatures of the authorized representatives of the corporation and the two individuals, along with notarization. This detailed description of Broken Arrow Oklahoma Warranty Deed from Corporation to Two Individuals captures the key aspects and nuances involved in the transfer of property, ensuring clarity and legal protection for both parties involved.
