Company Quitclaim Deed
Company Quitclaim Deed
I. Purpose
This Quitclaim Deed, executed on this day of [Date], 2050, by and between [Your Name] of [Your Company Address], hereinafter referred to as the "Grantor", and [Grantee's Name], hereinafter referred to as the "Grantee". This Deed is prepared in compliance with all applicable laws and statutes governing the transfer and conveyance of real property.
II. Recitals
WHEREAS, the Grantor is the lawful owner of the property located at [Property Address], more specifically described in Exhibit A attached hereto and made a part hereof; and
WHEREAS, the Grantee has agreed to accept the transfer of said property from the Grantor in accordance with the terms and conditions set forth herein; and
WHEREAS, the Grantor wishes to convey, transfer, and quitclaim any and all interests in the said property to the Grantee.
III. Grant of Property
NOW, THEREFORE, for and in consideration of the sum of dollars ($[Amount]), the receipt and sufficiency of which is hereby acknowledged, the Grantor does hereby remise, release, and forever quitclaim unto the Grantee, all right, title, interest, claim, and demand which the Grantor has in and to the real property situated in the County of [County], State of [State], and legally described as follows:
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Location: 123 Main Street, Anytown, [County], [State]
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Legal Description: Lot 1, Block A, Subdivision Name, as recorded in [County] County Plat Book 5, Page 57
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Parcel Number: 546-7630
The above-described property being conveyed is hereinafter referred to as the "Property".
IV. Consideration
The Grantor acknowledges and accepts, as full and adequate consideration for this conveyance, the payment in the amount specified above. Such consideration is deemed sufficient and is satisfactory to both the Grantor and the Grantee for the transfer of the Property described herein. The Grantor confirms that no further payments or obligations are due beyond what has been received or agreed upon.
V. No Warranties
The Grantor makes no representation or warranty, express or implied, of any kind regarding the Property's condition, title, or any existing encumbrances. This transfer is made "as-is", and the Grantee accepts the Property in its present state. The Grantor expressly disclaims all warranties, including but not limited to, warranties of habitability, fitness for a particular purpose, and merchantability.
VI. Binding Effect
This Quitclaim Deed shall inure to the benefit of, and be binding upon, the parties hereto, and their respective heirs, personal representatives, successors, and assigns. The terms and conditions set forth herein shall be enforceable in accordance with applicable laws governing real estate transactions and property conveyance.
VII. Signatures
IN WITNESS WHEREOF, the Grantor has hereunto set their hand on the day and year first above written.
[Your Name]
[Date]
[Guarantee Name]
[Date]
Notary Public
STATE OF [State]
On this day of [Date], 2051, before me, the undersigned, a Notary Public in and for said County and State, personally appeared [Your Name], known to me or proven to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument, and acknowledged that he executed the same for the purposes therein contained.
IN WITNESS WHEREOF, I have hereunto set my hand and official seal.
[Notary Public Name]
My Commission Expires: 2051
