As mentioned above, a warranty deed is an instrument conveying real estate between two parties. When one of those parties is a corporation, a corporate warranty deed is an appropriate form for recording the transaction.
What is the warranty deed statute in Indiana?
There are two main types of warranty deeds: general warranty deeds, which offer comprehensive protection, and special warranty deeds, which cover only the period of the sellers ownership.
What makes a warranty deed invalid?
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.
What is a corporate warranty deed?
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.
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by MM Osche 1929 For instance, in Indiana a conveyance to a husband and wife without any designation as to the estate they take, creates a tenancy in the entirety, while in.
McKinnis, husband and wife, the. Grantor(s) of Tippecanoe County, State of Indiana Convey(s) and Warrant(s) to The Board of Commissioners of Tippecanoe.
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