Warranty Deed from Corporation to Two Individuals - Virginia 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the name of the Corporation as the Grantor in the designated field, ensuring accuracy for legal purposes.
  3. Fill in the names of the two individuals receiving the property as Grantees. Make sure to include their current addresses for proper identification.
  4. Describe the property being conveyed in detail, referencing any attached descriptions if necessary. This is crucial for clarity and legal validity.
  5. Indicate any prior instrument references, including Book and Page numbers, which help trace ownership history.
  6. Complete the signature section with the authorized representative's name and title from the Corporation, followed by a notary acknowledgment to validate the deed.

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The primary risk associated with a Special Warranty Deed lies in its scope of protection. This deed only covers the period the grantor owned the property, meaning the buyer takes on a risk of potential issues arising from before that period, which the grantor is not obliged to address.
Special Warranty Deed Risks: The limited protection may expose buyers to title issues that arose before the sellers ownership period. This can be risky, especially for older properties or those with a complicated title history.
Property Deed Cost A property deed can cost between $50 to $200 for charges associated with the legal document that transfers the title to real estate from one person to another.
The Warranty of Title clause ensures that the seller guarantees they have the legal right to transfer ownership of the goods being sold and that the title is free from any encumbrances, liens, or other claims. This clause protects the buyer from any third-party claims on the title that may arise after the purchase.
The property legal description is incorrect or insufficient. The legal title holder name is incorrect or uses a nickname. The consideration amount is wrong. The notary seal on the deed is missing.

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Special Warranty Deed Consider youre buying a commercial property in Richmond. The seller, a company that owned the property for the last five years, provides a Special Warranty Deed. This means they guarantee there are no issues that arose during their ownership period, but anything prior is not their responsibility.

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