Knoxville Tennessee Warranty Deed from two Individuals to Corporation

State:
Tennessee
Control #:
TN-05-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from two Individuals to Corporation form is a Warranty Deed where the Grantors are two individuals and the Grantee is a corporation. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.

A Knoxville Tennessee Warranty Deed from two Individuals to Corporation is a legal document that signifies the transfer of ownership rights or interests in a property located in Knoxville, Tennessee, from two individuals to a corporation. This type of deed provides a guarantee or warranty by the individuals selling the property, usually referred to as granters, that they hold clear and marketable title to the property and have the legal right to transfer it to the corporation, also known as the grantee. The Knoxville Tennessee Warranty Deed from two Individuals to Corporation is a crucial document in the real estate industry as it ensures that the corporation acquiring the property will not encounter any unforeseen claims or disputes regarding ownership or title. The warranty deed provides protection to the corporation against any potential defects in title that may arise in the future. Both granters must sign the deed in the presence of a notary public to make it legally enforceable. Keywords: Knoxville Tennessee, Warranty Deed, two individuals, corporation, transfer of ownership rights, property, granters, clear and marketable title, legal right, real estate industry, disputes, protection, defects in title, notary public. Different types of Knoxville Tennessee Warranty Deed from two Individuals to Corporation: 1. General Warranty Deed: This type of deed offers the highest level of protection to the grantee by providing extensive warranties. It guarantees that the granters own the property and have the right to transfer it, and that the property is free from any encumbrances, liens, or claims. 2. Special Warranty Deed: In a special warranty deed, the granters warrant only against their actions or omissions during their period of ownership. This means that they guarantee clear title and protection against any claims that may arise during their ownership but do not extend the warranty to any previous owners or events. 3. Quitclaim Deed: A quitclaim deed transfers ownership rights without providing any warranties or guarantees. It simply conveys whatever interest, if any, the granters have in the property at the time of transfer. This type of deed does not offer the same level of protection as warranty deeds as it does not address the status of the title. It is important for individuals and corporations involved in real estate transactions in Knoxville, Tennessee, to understand the different types of warranty deeds available and consult with legal professionals to ensure appropriate protection during property transfers. Keywords: General Warranty Deed, Special Warranty Deed, Quitclaim Deed, protection, encumbrances, liens, claims, ownership rights, legal professionals, real estate transactions.

A Knoxville Tennessee Warranty Deed from two Individuals to Corporation is a legal document that signifies the transfer of ownership rights or interests in a property located in Knoxville, Tennessee, from two individuals to a corporation. This type of deed provides a guarantee or warranty by the individuals selling the property, usually referred to as granters, that they hold clear and marketable title to the property and have the legal right to transfer it to the corporation, also known as the grantee. The Knoxville Tennessee Warranty Deed from two Individuals to Corporation is a crucial document in the real estate industry as it ensures that the corporation acquiring the property will not encounter any unforeseen claims or disputes regarding ownership or title. The warranty deed provides protection to the corporation against any potential defects in title that may arise in the future. Both granters must sign the deed in the presence of a notary public to make it legally enforceable. Keywords: Knoxville Tennessee, Warranty Deed, two individuals, corporation, transfer of ownership rights, property, granters, clear and marketable title, legal right, real estate industry, disputes, protection, defects in title, notary public. Different types of Knoxville Tennessee Warranty Deed from two Individuals to Corporation: 1. General Warranty Deed: This type of deed offers the highest level of protection to the grantee by providing extensive warranties. It guarantees that the granters own the property and have the right to transfer it, and that the property is free from any encumbrances, liens, or claims. 2. Special Warranty Deed: In a special warranty deed, the granters warrant only against their actions or omissions during their period of ownership. This means that they guarantee clear title and protection against any claims that may arise during their ownership but do not extend the warranty to any previous owners or events. 3. Quitclaim Deed: A quitclaim deed transfers ownership rights without providing any warranties or guarantees. It simply conveys whatever interest, if any, the granters have in the property at the time of transfer. This type of deed does not offer the same level of protection as warranty deeds as it does not address the status of the title. It is important for individuals and corporations involved in real estate transactions in Knoxville, Tennessee, to understand the different types of warranty deeds available and consult with legal professionals to ensure appropriate protection during property transfers. Keywords: General Warranty Deed, Special Warranty Deed, Quitclaim Deed, protection, encumbrances, liens, claims, ownership rights, legal professionals, real estate transactions.

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Knoxville Tennessee Warranty Deed from two Individuals to Corporation