Memphis Tennessee Warranty Deed from Corporation to Husband and Wife

State:
Tennessee
City
Memphis
Control #:
TN-010-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor 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 applicable state statutory laws.

A Memphis Tennessee Warranty Deed from Corporation to Husband and Wife is a legally binding document that transfers the ownership of real property located in Memphis, Tennessee from a corporation to a married couple. This type of deed provides several essential details and assurances to the buyer, known as the Grantees, ensuring that they receive a clear and marketable title to the property. The warranty aspect of the deed signifies that the corporation guarantees that it holds a valid and legal title to the property and has the authority to transfer ownership to the husband and wife. This warranty ensures that the Grantees are protected from any claims or encumbrances that may arise after the transfer of ownership. The key information included in the Memphis Tennessee Warranty Deed from Corporation to Husband and Wife typically consists of: 1. Parties: The deed identifies the names and addresses of the Granter (corporation) and the Grantees (husband and wife). It also specifies their respective marital status. 2. Consideration: The deed states the amount or form of consideration exchanged for the property. Consideration can be in the form of cash, check, services rendered, or any other agreed-upon value. 3. Legal Description: The deed includes an accurate and detailed description of the property being transferred. This description typically includes the property's address, boundaries, lot numbers, and any unique identifiers such as survey references. 4. Conveyance Language: This section explicitly states that the Granter transfers, conveys, and assigns all rights, title, and interest in the property to the Grantees. It also signifies the Granter's intent to transfer the property free from any encumbrances, liens, or claims. 5. Covenants: The deed may include certain covenants or promises made by the Granter to the Grantees. These covenants commonly include the Granter's assurance that they are the sole legal owner of the property and have the rightful authority to transfer it. 6. Signatures and Notarization: The deed requires the Granter's signature, indicating their consent and agreement to transfer the property, along with the date of signing. It also requires the presence of a notary public to acknowledge the Granter's signature and validate the deed. Different types of Memphis Tennessee Warranty Deed from Corporation to Husband and Wife may include variations in terms of additional assurances or covenants. Some examples are the special warranty deed (where the Granter warrants only against claims arising during their ownership) or the statutory warranty deed (where the Granter provides a set of specific warranties mandated by state law). The specific type of deed used can vary based on the particular circumstances and agreements between the parties involved.

A Memphis Tennessee Warranty Deed from Corporation to Husband and Wife is a legally binding document that transfers the ownership of real property located in Memphis, Tennessee from a corporation to a married couple. This type of deed provides several essential details and assurances to the buyer, known as the Grantees, ensuring that they receive a clear and marketable title to the property. The warranty aspect of the deed signifies that the corporation guarantees that it holds a valid and legal title to the property and has the authority to transfer ownership to the husband and wife. This warranty ensures that the Grantees are protected from any claims or encumbrances that may arise after the transfer of ownership. The key information included in the Memphis Tennessee Warranty Deed from Corporation to Husband and Wife typically consists of: 1. Parties: The deed identifies the names and addresses of the Granter (corporation) and the Grantees (husband and wife). It also specifies their respective marital status. 2. Consideration: The deed states the amount or form of consideration exchanged for the property. Consideration can be in the form of cash, check, services rendered, or any other agreed-upon value. 3. Legal Description: The deed includes an accurate and detailed description of the property being transferred. This description typically includes the property's address, boundaries, lot numbers, and any unique identifiers such as survey references. 4. Conveyance Language: This section explicitly states that the Granter transfers, conveys, and assigns all rights, title, and interest in the property to the Grantees. It also signifies the Granter's intent to transfer the property free from any encumbrances, liens, or claims. 5. Covenants: The deed may include certain covenants or promises made by the Granter to the Grantees. These covenants commonly include the Granter's assurance that they are the sole legal owner of the property and have the rightful authority to transfer it. 6. Signatures and Notarization: The deed requires the Granter's signature, indicating their consent and agreement to transfer the property, along with the date of signing. It also requires the presence of a notary public to acknowledge the Granter's signature and validate the deed. Different types of Memphis Tennessee Warranty Deed from Corporation to Husband and Wife may include variations in terms of additional assurances or covenants. Some examples are the special warranty deed (where the Granter warrants only against claims arising during their ownership) or the statutory warranty deed (where the Granter provides a set of specific warranties mandated by state law). The specific type of deed used can vary based on the particular circumstances and agreements between the parties involved.

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Memphis Tennessee Warranty Deed from Corporation to Husband and Wife