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Warranty Deed from Corporation to Two Individuals - North Dakota

Warranty Deed from Corporation to Two Individuals - North Dakota 2025

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This document is a Warranty Deed that outlines the transfer of property from a corporation (the Grantor) to two individuals (the Grantees) as joint tenants with rights of survivorship. It includes details about the consideration for the transfer, legal descriptions of the property, and stipulations regarding mineral rights and easements. The deed is executed by the corporation's authorized officer and requires notarization.

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Who will be in title on the warranty deed?

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.

Who is the grantor and grantee on a warranty deed?

The Definition Of Grantor And Grantee Mortgage agreements: The lender (grantor) provides funds, and the borrower (grantee) receives them. Trusts: The trust creator (grantor) transfers assets to a beneficiary (grantee). Property deeds: The seller (grantor) transfers ownership to the buyer (grantee).

How do I transfer property in North Dakota?

A North Dakota property owner may transfer or retitle real estate during the owners life using a signed, written deed. A North Dakota deed must satisfy the legal requirements described below to be eligible for recording and to legally transfer title to the new owner.

Does a warranty deed need to be signed by both parties?

Using a general warranty deed You also can use an online services provider, if you want assistance in creating a general warranty deed. Once you obtain the correct form, you must fill it in completely. Both the grantor and the grantee must sign it, usually in the presence of a notary.

What is a warranty deed in North Dakota?

A North Dakota warranty deed is a conveyance instrument through which property rights are transferred to a buyer (the grantee) with a general warranty of title issued by the property seller/owner (the grantor).

What is a corporate warranty deed?

A warranty deed is a legal document used in property transactions that guarantees the property is free from claims or liens. It provides a title warranty to the buyer, ensuring protection against future claims or disputes.

Who signs the warranty deed at closing?

Typically the grantor(s) must sign the deed in front of a notary, and then the notarized deed is recorded in the local county records office, making the transaction complete, and a matter of public record.

Who are the parties to a warranty deed?

The two parties involved in a warranty deed are the seller, known as the grantor, and the buyer, or the grantee, and either party can be an individual or a business. Most lenders require a warranty deed for properties they finance.

Warranty Deed from Corporation to Two Individuals - North Dakota 2025

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