Warranty Deed from two Individuals to Corporation - Kentucky 2026

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  1. Click ‘Get Form’ to open the Warranty Deed in the editor.
  2. Begin by entering the date of the deed at the top of the form. This is crucial for legal documentation.
  3. Fill in the names of the Grantors (the two individuals) and their marital status, followed by their address.
  4. Next, specify the Grantee's name (the corporation) and its state of incorporation along with its address.
  5. In the consideration section, confirm that you acknowledge receiving One Dollar ($1.00) and any other valuable considerations.
  6. Provide a detailed legal description of the property being conveyed, referencing Exhibit A if necessary.
  7. Indicate any exceptions or reservations regarding oil, gas, and minerals owned by Grantors.
  8. Both Grantors must sign and print their names at the designated areas. Ensure all signatures are notarized as required.
  9. Complete any additional information regarding tax statements and prepare for submission.

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The grantor must sign the deed and signatures must be acknowledged (docHubd). The grantor and grantee must sign the consideration statement and the signatures must be docHubd. The document must be filed in the county clerks office of the county where the property is located (or the greater part).
The term special might suggest higher quality to buyers, but the special warranty deed offers less coverage. It offers less protection due to the limited time frame it covers. For residential properties, special warranty deeds are often used in foreclosures and forced sales to settle debts.
Kentucky Attorney Involvement Laypersons may conduct real estate closings, but may not answer legal questions that arise at the closing, or offer any legal advice to the parties. However, preparation of deeds and mortgages constitutes the practice of law and must be prepared by an attorney.
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.
Risks and Considerations General Warranty Deed Risks: For sellers, offering a general warranty deed means you should utilize a title or closing company, so that all aspects of the title can be investigated, including the presence of liens, encumbrances, or clouds on the title.

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People also ask

The main difference between these deeds is that general warranty deeds apply to the entire history of a piece of land while special warranty deeds only cover the period of time that the previous owner (the grantor) has held the land. As such, special warranty deeds offer fewer protections to a grantee.
A special warranty deed is a type of real estate deed used to transfer property ownership from one person to another. By using this particular deed, the seller is guaranteeing to the buyer that there are no defects or problems with the property title during the time that they owned the property.
Special Warranty Deed. In this type of property deed, the grantor warrants that they have not done anything to create a defect. For instance, the grantor guarantees no liens or mortgages on the property.

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