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 Tacoma Washington Warranty Deed from Corporation to Individual is a legally binding document that transfers ownership of real estate property from a corporation to an individual, ensuring that the property is free from any defects in title. This type of deed provides a guarantee, or warranty, that the corporation has the rightful authority to transfer ownership and that there are no undisclosed claims or liens on the property. This transfer of property ownership is particularly important when a corporation sells or transfers real estate assets to an individual. The warranty deed serves as proof of the corporation's intention to convey clear and marketable title, safeguarding the purchaser's interests. There are two main types of Tacoma Washington Warranty Deeds from Corporation to Individual: 1. General Warranty Deed: A General Warranty Deed provides the most comprehensive protection for the buyer. It includes several covenants or promises from the corporation to the individual. Firstly, the covenant of basin affirms that the corporation has full legal ownership and the right to sell the property. Secondly, the covenant of quiet enjoyment ensures that the buyer will not face any disturbance to their use and enjoyment of the property due to past claims or encumbrances. Thirdly, the corporation promises to defend the buyer against any legal claims that might arise from disputes over the ownership of the property. Lastly, the covenant against encumbrances guarantees that there are no undisclosed liens or encumbrances on the property. 2. Special Warranty Deed: A Special Warranty Deed, also known as a Limited Warranty Deed, offers a more limited guarantee compared to a General Warranty Deed. It only covers defects or claims arising during the period when the corporation owned the property, excluding any potential issues that may have existed prior to their ownership. With a Special Warranty Deed, the corporation assures the individual that they have not taken any actions that would negatively affect the title during their ownership period. In conclusion, a Tacoma Washington Warranty Deed from Corporation to Individual is a crucial document that ensures a smooth and legally valid transfer of real estate ownership from a corporation to an individual. Whether it is a General Warranty Deed or a Special Warranty Deed, both provide various levels of protection to guarantee that the buyer receives a property with a clear and marketable title, free from any undisclosed claims or encumbrances.A Tacoma Washington Warranty Deed from Corporation to Individual is a legally binding document that transfers ownership of real estate property from a corporation to an individual, ensuring that the property is free from any defects in title. This type of deed provides a guarantee, or warranty, that the corporation has the rightful authority to transfer ownership and that there are no undisclosed claims or liens on the property. This transfer of property ownership is particularly important when a corporation sells or transfers real estate assets to an individual. The warranty deed serves as proof of the corporation's intention to convey clear and marketable title, safeguarding the purchaser's interests. There are two main types of Tacoma Washington Warranty Deeds from Corporation to Individual: 1. General Warranty Deed: A General Warranty Deed provides the most comprehensive protection for the buyer. It includes several covenants or promises from the corporation to the individual. Firstly, the covenant of basin affirms that the corporation has full legal ownership and the right to sell the property. Secondly, the covenant of quiet enjoyment ensures that the buyer will not face any disturbance to their use and enjoyment of the property due to past claims or encumbrances. Thirdly, the corporation promises to defend the buyer against any legal claims that might arise from disputes over the ownership of the property. Lastly, the covenant against encumbrances guarantees that there are no undisclosed liens or encumbrances on the property. 2. Special Warranty Deed: A Special Warranty Deed, also known as a Limited Warranty Deed, offers a more limited guarantee compared to a General Warranty Deed. It only covers defects or claims arising during the period when the corporation owned the property, excluding any potential issues that may have existed prior to their ownership. With a Special Warranty Deed, the corporation assures the individual that they have not taken any actions that would negatively affect the title during their ownership period. In conclusion, a Tacoma Washington Warranty Deed from Corporation to Individual is a crucial document that ensures a smooth and legally valid transfer of real estate ownership from a corporation to an individual. Whether it is a General Warranty Deed or a Special Warranty Deed, both provide various levels of protection to guarantee that the buyer receives a property with a clear and marketable title, free from any undisclosed claims or encumbrances.
