Warranty Deed from Corporation to Corporation - North Dakota: Fill out & sign online

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Click ‘Get Form’ to open it in the editor.
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.
In the main body, identify the Grantor and Grantee by entering their respective names and states of incorporation. Ensure that all details are accurate to avoid legal complications.
Provide a detailed legal description of the property being transferred. If necessary, attach Exhibit A for clarity.
Complete the certificate section by stating the full consideration paid for the property. This is crucial for record-keeping purposes.
Sign and date the document where indicated. Ensure that an authorized officer of the corporation signs on behalf of the Grantor.
Finally, have a notary public witness your signature and complete their section to validate the deed.

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What is a warranty deed in North Dakota?

Company Deed means a deed of the Company conveying to the Issuer title to the Facilities or any portion of the Facilities, subject to Permitted Encumbrances, substantially in the form set forth as Exhibit B hereto.

What is a corporate warranty deed?

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.

What are the disadvantages of a special warranty deed?

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.