Wyoming Warranty Deed from Corporation to Two Individuals
About this form
This Warranty Deed from Corporation to Two Individuals is a legal document that transfers property ownership from a corporation (the Grantor) to two individual parties (the Grantees). Unlike other deeds, this specific warranty deed guarantees that the property is free from encumbrances and reserves rights to oil, gas, and minerals. It provides legal assurance that the Grantor has the right to sell the property and will defend the title against any claims.
Main sections of this form
- Identification of the Grantor and Grantees.
- Description of the property being transferred, including specifics about reservations and exceptions.
- Assurances regarding the title, including the condition that it is free from encumbrances.
- Details of the joint tenancy arrangement between the Grantees.
- Execution section for signatures and date of transfer.
When to use this document
This form should be used when a corporation is transferring real estate to two individuals. It is applicable in situations such as property sales, gifting property to family members, or facilitating inheritance. If you want to ensure that both individuals have joint ownership with rights of survivorship, this warranty deed is the appropriate document.
Who can use this document
This warranty deed is suitable for:
- Corporations transferring property to individuals.
- Individuals seeking to establish joint ownership with another person.
- Legal representatives handling property transfers on behalf of a corporation.
How to complete this form
- Identify the corporation as the Grantor.
- Clearly name the two individuals as Grantees.
- Provide a detailed description of the property being transferred.
- Include any exceptions or reservations regarding mineral rights.
- Ensure all parties sign and date the deed to validate the transfer.
Is notarization required?
To make this form legally binding, it must be notarized. Our online notarization service, powered by Notarize, lets you verify and sign documents remotely through an encrypted video session.
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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 accurately describe the property can lead to disputes later.
- Omitting necessary signatures can invalidate the deed.
- Not specifying exceptions or reservations can leave room for misunderstandings.
Benefits of completing this form online
- Convenience of downloading and completing the form at your own pace.
- Editability enables users to customize details before finalizing.
- Reliability of professionally drafted templates ensures legal compliance.
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FAQ
To add a co-owner, the bank would have to create a new home loan agreement, which must be registered after paying the due stamp duty and registration charges. The bank would also insist on making the co-owner a co-borrower in the home loan applicable.
Special warranties allow the transfer of property title between seller and buyer. The purchase of title insurance can mitigate the risk of prior claims to the special warranty deed.
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.
Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.
Yes you can. This is called a transfer of equity but you will need the permission of your lender. If you are not married or in a civil partnership you may wish to consider creating a deed of trust and a living together agreement which we can explain to you.
Failure to record a deed effectively makes it impossible for the public to know about the transfer of a property. That means the legal owner of the property appears to be someone other than the buyer, a situation that can generate serious ramifications.
It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating
It is possible to be named on the title deed of a home without being on the mortgage. However, doing so assumes risks of ownership because the title is not free and clear of liens and possible other encumbrances. Free and clear means that no one else has rights to the title above the owner.
If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.
