Warranty Deed from Corporation to Two Individuals - Indiana 2025

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  1. Click ‘Get Form’ to open the Warranty Deed in the editor.
  2. Begin by entering the First Grantee's name, address, and telephone number in the designated fields. Ensure accuracy as this information is crucial for legal identification.
  3. Next, fill in the Second Grantee's details similarly. This section should reflect both individuals who will hold joint tenancy rights.
  4. In the 'CONVEY AND WARRANT' section, specify the corporation's name and state of incorporation. This identifies the entity transferring ownership.
  5. Indicate the sum of money involved in the transaction. This amount should be clearly stated to validate the deed.
  6. Provide a detailed legal description of the real estate being conveyed. Attach Exhibit A if necessary, ensuring it is referenced correctly.
  7. Complete the execution section by having an authorized representative of the corporation sign and print their name along with their title.
  8. Finally, ensure that a Notary Public witnesses and signs the document, confirming its authenticity before submission.

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At the time your quitclaim deed is recorded, you will need to pay a filing fee and any reassessed property taxes based on the change in ownership. The filing fee should be minimal, under $100, with most states charging under $50. The cost will depend upon your county and state.
Special Warranty Deed Conveys that the grantor holds the title and there has been no encumbrance of the property during the grantors ownership period of the property.
The simplest way to add a spouse to a deed is through a quitclaim deed. This type of deed transfers whatever ownership rights you have so that you and your spouse now become joint owners. No title search or complex transaction is necessary. The deed will list you as the grantor and you and your spouse as grantees.
No, you cant add someone to the loan itself unless you refinance. But you can add them to the title of the home, which gives them legal ownership. Other paths like loan assumption or loan modification exist, but theyre limited and not always available.
Can a warranty deed be challenged or invalidated? While a warranty deed provides strong protection, it is not immune to challenges. In certain situations, the grantors guarantee may be bdocHubed, such as if there is fraud, misrepresentation, or undisclosed title defects.

People also ask

To add your spouse or partner to the title, youll need to prepare a new deed. The most common type is a Quit Claim Deed, which transfers ownership without warranties or guarantees. This is typically used when transferring property between family members or close parties.
Joint tenancy warranty deed If they decide to rent out the home to another individual or if they sell the property, each party is entitled to a 50% share in the profits. But the relationship also means they are equally responsible for paying for the property, including mortgage payments, property taxes and maintenance.
Under a warranty deed, the transferor guarantees that the real estate is free from all encumbrances and that he will warrant and defend the title to the same against all lawful claims. IND. CODE 321212.1 The existence of a highway easement constitutes a bdocHub of a covenant against encumbrances.

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