Warranty Deed from Corporation to Husband and Wife - North Dakota 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in the 'Prepared by' section with the name, firm/company, address, and contact information of the individual or entity preparing the deed.
  3. In the main body of the deed, enter the name of the corporation as the Grantor and specify its state of incorporation.
  4. Next, input the names of both Grantees (the husband and wife) who will receive ownership of the property.
  5. Provide a detailed legal description of the property being conveyed. This may be attached as Exhibit A if necessary.
  6. Fill in any prior instrument references, including book, page, and document numbers related to previous ownership.
  7. Complete the certificate section by stating the full consideration paid for the property.
  8. Ensure all signatures are obtained from authorized representatives of the corporation and include notary acknowledgment at the end.

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Who Benefits the Most from Recording a Warranty Deed? The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
In North Dakota, a warranty deed is a legal document used to transfer property ownership with the seller providing a guarantee that the title is clear of any liens, claims, encumbrances, or other issues.
Contract for Deed. - After, a contract for deed has been signed by the parties, the vendor retains the legal title to the land until the vendee has fully performed the terms of the contract. However, the law regards the vendee, as the owner of the property for most purposes, since the vendee ordinarily gets the.
The Quitclaim Deed: The quitclaim deed is the worst type of deed because it conveys no warranty whatsoever that the sellers title is good title or that there are no encumbrances on the property.
Disadvantages of Warranty Deeds Title companies will research the chain of deeds, past court judgments, and unpaid taxes before green-lighting the transfer. The grantor also remains on the hook long after the sale. If a forgotten lien surfaces, the buyer can pull the grantor into court for damages and legal fees.
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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.
A general warranty deed is often considered the most common way to transfer real property.

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