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Warranty Deed from Corporation to Two Individuals - West Virginia

Warranty Deed from Corporation to Two Individuals - West Virginia 2025

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The document is a Warranty Deed in which a corporation (the Grantor) conveys property to two individuals (the Grantees) as joint tenants with rights of survivorship for a nominal consideration. It includes legal descriptions of the property, outlines the rights and responsibilities of both parties, and specifies that the Grantor warrants clear title to the property, free from encumbrances except as noted. The deed also contains provisions regarding the transfer's exemption from excise tax and details for recording.

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Click ‘Get Form’ to open the Warranty Deed in the editor.
Begin by entering the name of the Corporation as the Grantor, followed by its state of incorporation. This identifies who is transferring the property.
Next, fill in the names of the two individuals receiving the property as Grantees. Ensure you specify their joint tenancy status for rights of survivorship.
Provide a detailed legal description of the property being transferred. If necessary, attach Exhibit A for clarity.
Complete the declaration of consideration section, indicating either the total amount paid or its actual value.
Have an authorized officer from the Corporation sign and date the document, ensuring it is notarized for legal validity.
Finally, review all entries for accuracy before saving and distributing your completed Warranty Deed.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can you add someone to a deed without refinancing?

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.

What is a special warranty deed in West Virginia?

WV Code 36-4-3 states that a Special Warranty Deed is A covenant by a grantor in a deed that he will warrant specially the property hereby conveyed, or a covenant of like import, or the use of the words with special warranty in a deed, shall have the same effect as if the grantor had covenanted that he his heirs

How much does it cost to add someone to a deed?

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.

Do you need a lawyer to transfer a deed in WV?

West Virginia Deed Transfer: Attorney Requirement Explained While an attorney is not strictly required, many choose to consult one to ensure accuracy and proper legal description. The deed must be signed, docHubd, and recorded in the county where the property is located.

What is a joint warranty deed?

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.

Who will be in title on the warranty deed?

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.

How hard is it to add a person to a deed?

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.

How do I add a person to a warranty deed?

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.

Warranty Deed from Corporation to Two Individuals - West Virginia 2025

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Can you add someone to a deed without refinancing?

What is a special warranty deed in West Virginia?

How much does it cost to add someone to a deed?

Do you need a lawyer to transfer a deed in WV?

What is a joint warranty deed?

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Who will be in title on the warranty deed?

How hard is it to add a person to a deed?

How do I add a person to a warranty deed?

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Warranty Deed from Corporation to Two Individuals - West Virginia 2025

Here's how it works

How to use or fill out Warranty Deed from Corporation to Two Individuals - West Virginia with our platform

Complete this form in 5 minutes or less

Got questions?

Can you add someone to a deed without refinancing?

What is a special warranty deed in West Virginia?

How much does it cost to add someone to a deed?

Do you need a lawyer to transfer a deed in WV?

What is a joint warranty deed?

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People also ask

Who will be in title on the warranty deed?

How hard is it to add a person to a deed?

How do I add a person to a warranty deed?

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