A corporate warranty deed is a legal document used when a corporation transfers real estate ownership to another party. It assures the buyer that the title is clear and the corporation has the full legal right to sell the property. This type of deed offers the strongest protection against future title disputes.
Used By: Corporations or legal entities
Guarantees: Clear title, full ownership, and legal protection
Common In: Commercial real estate transactions
Requires: Corporate resolution or authorized officer’s signature
It gives the buyer peace of mind. Unlike a quitclaim or limited deed, this one guarantees that the property being sold has no hidden claims or ownership disputes. It also places legal responsibility on the selling corporation to address any issues that might come up in the future.
Authorized officers of the corporation, usually backed by a corporate resolution.
Yes. A quitclaim offers no guarantees, while a corporate warranty deed provides full assurance of ownership and title clarity.
Not by default. Title insurance is separate but often recommended for added protection.
Yes, but it's more commonly used in business or commercial real estate transactions.
The buyer can legally pursue the corporation for compensation or resolution, depending on deed terms and local laws.