Grant Deed
GRANT DEED
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I. Introduction
This Grant Deed (the "Deed") is made on this [Date], by and between:
Grantor: [Your Name], of [Your Address], [Your City], [Your State], [Your Zip Code].
Grantee: [Grantee's Name], of [Grantee's Address], [Grantee's City], [Grantee's State], [Grantee's Zip Code].
II. Background
A. Purpose of Transfer: The Grantor desires to transfer ownership of the real property described herein to the Grantee, facilitating a seamless transition of ownership rights.
B. Property Description: The real property being transferred is legally described as follows:
Property Address: [Property Address]
Legal Description: [Legal Description of Property].
This description includes details such as boundaries, easements, and any other pertinent information necessary for clear identification of the property.
III. Terms of Transfer
A. Grant of Property: The Grantor hereby grants, sells, and conveys to the Grantee all of the Grantor's interest in the real property described above, ensuring full and complete transfer of ownership rights.
B. Consideration: In consideration of this transfer, the Grantee agrees to pay the Grantor the sum of [Purchase Price] as agreed upon by both parties, signifying mutual consent and agreement to the terms outlined in this Deed.
C. Warranty of Title: The Grantor warrants that they are the lawful owner of the property and have the right to transfer it to the Grantee. The property is free from all encumbrances, except as noted herein. This warranty assures the Grantee of clear and marketable title to the property.
IV. Conditions and Covenants
A. No Liens or Encumbrances: The Grantor covenants that there are no liens, mortgages, or encumbrances against the property except as noted in this Deed, ensuring that the Grantee receives the property free from any claims or burdens.
B. Indemnification: The Grantor agrees to indemnify and hold harmless the Grantee against any claims arising from defects in title or other issues related to the property, providing the Grantee with additional security and protection in the event of any unforeseen challenges.
V. Execution
This Deed shall be executed in duplicate, each copy to be deemed an original, ensuring the enforceability and validity of the transfer of property rights. The signatures of both parties shall be witnessed by two disinterested persons, affirming the authenticity and legality of the transaction.
VI. Governing Law
This Deed shall be governed by and construed in accordance with the laws of [Your State], ensuring adherence to relevant legal principles and regulations governing real property transactions. Any disputes arising under or in connection with this Deed shall be resolved through mediation, with both parties agreeing to make a good-faith effort to reach an amicable resolution before seeking legal recourse.
VII. Signatures
In Witness Whereof, the parties hereto have executed this Deed as of the date first above written.
Grantor:
[Your Name]
[Your Title], [Your Company Name]
[Your Company Address]
[Your Company Email]
Grantee:
[Grantee's Name]
[Grantee's Address]
[Grantee's Email]
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NOTARIZATION:
State of [State], County of [County]
On this [Date], before me, a Notary Public in and for said county and state, personally appeared [Your Name] and [Grantee's], known to me to be the persons whose names are subscribed to the foregoing instrument, and acknowledged that they executed the same for the purposes therein contained.
[Notary Public Name]
Notary Public in and for [State]
My Commission Expires: [Expiration Date]
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