Green Bay Wisconsin Warranty Deed from Corporation to Corporation

State:
Wisconsin
Control #:
WI-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 Green Bay Wisconsin Warranty Deed from Corporation to Corporation is a legal document that transfers ownership of real estate or property from one corporation to another. It guarantees that the property is free from any liens, encumbrances, or claims by third parties, ensuring a clear and marketable title. This type of deed provides a certain level of protection to the buyer corporation, assuring that they will be the sole owners of the property without any hidden issues. In Green Bay, Wisconsin, there are two main types of Warranty Deeds from Corporation to Corporation: General Warranty Deed and Special Warranty Deed. 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyer corporation. It includes specific covenants, or promises, from the seller corporation to the buyer. These covenants include the covenant of basin (assuring the seller owns the property and has the right to sell), the covenant of quiet enjoyment (promising the buyer that they will not be disturbed in their ownership by anyone else's claim), the covenant against encumbrances (stating that the property is free from any liens or claims), the covenant of warranty forever (promising the seller will defend the property against any third-party claims), and the covenant of further assurance (agreeing to take any necessary actions to ensure the buyer's title is secure). 2. Special Warranty Deed: In contrast to a General Warranty Deed, a Special Warranty Deed provides a more limited set of covenants. The seller corporation only guarantees that during their ownership of the property, they have not caused any encumbrances or claims against it. This means the buyer is only protected against issues arising during the seller's ownership, and not prior claims or encumbrances. In conclusion, a Green Bay Wisconsin Warranty Deed from Corporation to Corporation is a legal document used to transfer property ownership between corporations. General Warranty Deeds offer a comprehensive set of covenants protecting the buyer, while Special Warranty Deeds offer a more limited set of assurances. These deeds play a crucial role in ensuring a transparent and secure transfer of property within the corporate realm in Green Bay, Wisconsin.

A Green Bay Wisconsin Warranty Deed from Corporation to Corporation is a legal document that transfers ownership of real estate or property from one corporation to another. It guarantees that the property is free from any liens, encumbrances, or claims by third parties, ensuring a clear and marketable title. This type of deed provides a certain level of protection to the buyer corporation, assuring that they will be the sole owners of the property without any hidden issues. In Green Bay, Wisconsin, there are two main types of Warranty Deeds from Corporation to Corporation: General Warranty Deed and Special Warranty Deed. 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyer corporation. It includes specific covenants, or promises, from the seller corporation to the buyer. These covenants include the covenant of basin (assuring the seller owns the property and has the right to sell), the covenant of quiet enjoyment (promising the buyer that they will not be disturbed in their ownership by anyone else's claim), the covenant against encumbrances (stating that the property is free from any liens or claims), the covenant of warranty forever (promising the seller will defend the property against any third-party claims), and the covenant of further assurance (agreeing to take any necessary actions to ensure the buyer's title is secure). 2. Special Warranty Deed: In contrast to a General Warranty Deed, a Special Warranty Deed provides a more limited set of covenants. The seller corporation only guarantees that during their ownership of the property, they have not caused any encumbrances or claims against it. This means the buyer is only protected against issues arising during the seller's ownership, and not prior claims or encumbrances. In conclusion, a Green Bay Wisconsin Warranty Deed from Corporation to Corporation is a legal document used to transfer property ownership between corporations. General Warranty Deeds offer a comprehensive set of covenants protecting the buyer, while Special Warranty Deeds offer a more limited set of assurances. These deeds play a crucial role in ensuring a transparent and secure transfer of property within the corporate realm in Green Bay, Wisconsin.

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Green Bay Wisconsin Warranty Deed from Corporation to Corporation