King Washington Warranty Deed from Corporation to Corporation

State:
Washington
Control #:
WA-013-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from Corporation to Corporation form is a Warranty Deed where the Grantor is a corporation and the Grantee is a corporation. 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 King Washington Warranty Deed from Corporation to Corporation is a legal document that transfers ownership of real estate from one corporation to another within the King County, Washington jurisdiction. This deed provides a guarantee or warranty to the receiving corporation that the transferring corporation has full legal authority to transfer the property title and that there are no undisclosed claims, liens, or encumbrances on the property at the time of the transfer. The warranty deed acts as a legal assurance to protect the receiving corporation against any future claims to the property which may arise from previous ownership. It assures the receiving corporation that it is obtaining clear and marketable title to the property. There can be different types of King Washington Warranty Deed from Corporation to Corporation, categorized based on specific circumstances or requirements. Some common variations include: 1. General Warranty Deed: This type of warranty deed guarantees the receiving corporation against any defects in title, even if they occurred before the current owner acquired the property. It provides the broadest form of protection against any potential claims or disputes. 2. Special Warranty Deed: Unlike the general warranty deed, this form of warranty deed only guarantees that the transferring corporation has not created or allowed any defects in the title during its ownership. It does not extend protection against claims made before the transferring corporation acquired the property. 3. Quit Claim Deed: Although not primarily considered a warranty deed, a quit claim deed can also be used for a corporation to corporation transfer. It transfers the interest of the transferring corporation in the property without any warranties, guarantees, or assurances of clear title. This type of deed is usually utilized when the receiving corporation has a pre-existing relationship or knowledge about the property's ownership history. It is essential for both the transferring and receiving corporations to consult with legal professionals experienced in real estate law to ensure compliance with all legal requirements and safeguards. Additionally, conducting a thorough title search and obtaining title insurance can further enhance the protection and peace of mind for the receiving corporation during the property transfer process.

A King Washington Warranty Deed from Corporation to Corporation is a legal document that transfers ownership of real estate from one corporation to another within the King County, Washington jurisdiction. This deed provides a guarantee or warranty to the receiving corporation that the transferring corporation has full legal authority to transfer the property title and that there are no undisclosed claims, liens, or encumbrances on the property at the time of the transfer. The warranty deed acts as a legal assurance to protect the receiving corporation against any future claims to the property which may arise from previous ownership. It assures the receiving corporation that it is obtaining clear and marketable title to the property. There can be different types of King Washington Warranty Deed from Corporation to Corporation, categorized based on specific circumstances or requirements. Some common variations include: 1. General Warranty Deed: This type of warranty deed guarantees the receiving corporation against any defects in title, even if they occurred before the current owner acquired the property. It provides the broadest form of protection against any potential claims or disputes. 2. Special Warranty Deed: Unlike the general warranty deed, this form of warranty deed only guarantees that the transferring corporation has not created or allowed any defects in the title during its ownership. It does not extend protection against claims made before the transferring corporation acquired the property. 3. Quit Claim Deed: Although not primarily considered a warranty deed, a quit claim deed can also be used for a corporation to corporation transfer. It transfers the interest of the transferring corporation in the property without any warranties, guarantees, or assurances of clear title. This type of deed is usually utilized when the receiving corporation has a pre-existing relationship or knowledge about the property's ownership history. It is essential for both the transferring and receiving corporations to consult with legal professionals experienced in real estate law to ensure compliance with all legal requirements and safeguards. Additionally, conducting a thorough title search and obtaining title insurance can further enhance the protection and peace of mind for the receiving corporation during the property transfer process.

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King Washington Warranty Deed from Corporation to Corporation