Warranty Deed from two Individuals to Corporation - Delaware: Fill out & sign online

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the Parcel Number, Prepared By, and the names and addresses of both parties involved. Ensure accuracy as this information is crucial for legal recognition.
In the section titled 'THIS DEED', enter the date of execution and the names of the two individuals transferring property. Specify the corporation's name receiving the deed.
Provide a detailed legal description of the property being conveyed. If necessary, attach Exhibit A with this information.
Complete any additional fields regarding tax parcel numbers and prior instrument references as required.
Both parties must sign in front of a witness, ensuring that their names are printed clearly beneath their signatures.
Finally, fill out the acknowledgment section at the end of the document, including details about your notary public.

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What is a joint warranty deed?

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 is the main purpose of a warranty deed?

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 a corporate 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.

What are the two types of warranty deeds?

A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments.