Company Property Division Quitclaim Deed
Company Property Division Quitclaim Deed
Introduction
In the context of estate planning, a Company Property Division Quitclaim Deed is used to transfer property interests among beneficiaries or entities. This document serves to formalize the division of company property according to the wishes of the estate planner.
Quitclaim Deed
This Quitclaim Deed is made and entered into as of the 15th day of August, 2050, by and between [YOUR COMPANY NAME], a company organized and existing under the laws of Delaware with its principal office located at [YOUR COMPANY ADDRESS] ("Grantor"), and Jasper Monroe, residing at 789 Elm Street, Apt 10B, Wilmington, DE 19802 ("Grantee").
Recitals
WHEREAS, the Grantor is the owner of certain property described below and wishes to transfer such property to the Grantee for estate planning purposes; and
WHEREAS, the Grantor desires to execute this Quitclaim Deed to effectuate such transfer.
Property Description
The property subject to this Quitclaim Deed is described as follows:
-
Property Address: 456 Commerce Road, Wilmington, DE 19801
-
Legal Description: Lot 12, Block B, Commerce Park Subdivision
-
Parcel Number: 123-456-789
Conveyance
Grantor does hereby remise, release, and quitclaim unto the Grantee all right, title, and interest in and to the property described above, to have and to hold the same unto the Grantee, their heirs, and assigns forever.
Covenants
Grantor covenants that they are the lawful owner of the property and that they have the right to convey the same. Grantor makes no other covenants, warranties, or representations except as specifically set forth herein.
Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Quitclaim Deed as of the day and year first above written.
Grantor:
[YOUR COMPANY NAME]
Name: Emily Johnson
Title: Chief Financial Officer
Grantee:
Name: Jasper Monroe
Notary Acknowledgment
STATE OF Delaware
COUNTY OF New Castle
On this 15th day of August, 2050, before me, a Notary Public, personally appeared Emily Johnson, who acknowledged that she executed the foregoing instrument on behalf of [YOUR COMPANY NAME].
Witness my hand and official seal.
Notary Public
My commission expires: August 15, 2055
Contact Information
For further information or inquiries, please contact:
[YOUR NAME]
Email: [YOUR EMAIL]
Company Name: [YOUR COMPANY NAME]
Company Address: [YOUR COMPANY ADDRESS]
