Wisconsin Warranty Deed from Corporation to Corporation
Understanding this form
The Warranty Deed from Corporation to Corporation is a legal document that facilitates the transfer of property ownership between two corporations. Unlike other deeds, this specific form ensures that the grantor (the corporation selling or transferring the property) conveys the title while expressly reserving rights to subsurface minerals, such as oil and gas. This form is essential for corporate transactions involving real estate to provide a clear record of ownership and any limitations on the property title.
Key parts of this document
- Description of the property being transferred
- Parcel identification number for tracking
- Prior instrument reference details for record-keeping
- Reservation of rights for oil, gas, and minerals
- Warranties regarding the titleâs legal clarity and freedom from undisclosed encumbrances
- Signature fields for corporate representatives and a notary section for authentication
Common use cases
This form should be used whenever a corporation wishes to transfer real property to another corporation. It is necessary in situations like business mergers, acquisitions, or the sale of a corporate asset. This warranty deed ensures that the transaction is legally sound and the property title is guaranteed, helping to avoid future disputes.
Who needs this form
- Civic organizations transferring ownership of corporate real estate
- Business corporations involved in property transactions
- Legal departments managing corporate real estate assets
- Real estate professionals and agents representing corporation sales
Steps to complete this form
- Identify the parties: List the names of the grantor and grantee corporations.
- Specify the property: Provide a detailed description of the property being transferred, including its parcel identification number.
- Enter prior instrument references: Fill in the prior reference details as required.
- Detail the reservations: Note the reservation of oil, gas, and mineral rights clearly.
- Complete the signatures: Ensure authorized representatives of both corporations sign the document, along with the notary acknowledgment.
Notarization guidance
This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Typical mistakes to avoid
- Failing to provide complete property descriptions or parcel numbers.
- Omitting the required signatures from authorized representatives.
- Not including the reservations for subsurface rights accurately.
- Neglecting to notarize the document if required by local law.
Benefits of using this form online
- Convenience: Complete and download the form from anywhere, anytime.
- Editability: Easily modify the document to suit specific transactions.
- Reliability: Forms are drafted by licensed attorneys to ensure legal compliance.
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FAQ
A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.
Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.
Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.
Contrary to normal expectations, the Deed DOES NOT have to be recorded to be effective or to show delivery, and because of that, the Deed DOES NOT have to be signed in front of a Notary Public. However, if you plan to record it, then it does have to be notarized as that is a County Recorder requirement.
