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Warranty Deed from Corporation to Two Individuals - Minnesota

Warranty Deed from Corporation to Two Individuals - Minnesota 2025

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The document is a Warranty Deed that outlines the transfer of real estate from a corporation to two individuals as joint tenants with rights of survivorship. It includes details about the property, the consideration for the transfer, and legal assurances regarding the title and encumbrances. The deed also certifies the absence of delinquent taxes and wells on the property, along with notary acknowledgment.

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Can you transfer a warranty deed?

A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document.

Does a warranty deed override a will?

0:09 1:46 A deed is a legal document that transfers ownership of real property. A will on the other hand is aMoreA deed is a legal document that transfers ownership of real property. A will on the other hand is a legal declaration of a persons wishes regarding their assets.

Can you add a name to a warranty deed?

For example, a quitclaim deed would be used for a name change on a warranty deed, such as to add a new spouse or a child to the title, or to remove the name of a spouse following a divorce. A quitclaim deed also can be used to correct mistakes.

Can two people be on a warranty deed?

Entire (100%) by Seller If there are more than one grantee (besides husband and wife), this is considered tenancy in common. Each party owns an equal interest unless otherwise stated. A tenants in common interest can be sold or devised in a Will.

What are the disadvantages of a warranty deed?

Limitations of Warranty Deeds While warranty deeds offer some key benefits, there are also some limitations, such as: A special warranty deed only guarantees that the title is clear of any claims or encumbrances during the time that the grantor owned the property.

What is included in a warranty deed?

All warranty deeds must include the date of the transaction, the name of the parties involved, a legal description of the property being transferred, a list of title defects and the signatures of the buyers.

What is required on a warranty deed in Minnesota?

A warranty deed must include Minnesotas essential elements for a valid, recordable deed. Among other things, warranty deeds must have the names of the grantor and grantee, the propertys legal description, and the specific language and covenants that demonstrate the grantors warranty to the grantee.

How do I transfer a property with a warranty deed?

Both the grantor and the grantee must sign it, usually in the presence of a notary. Then the deed must be filed in the county registrars office to be legally enforceable. Once filed, the legal transfer of the property is complete.

Warranty Deed from Corporation to Two Individuals - Minnesota 2025

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