Fill and Sign the Warranty Deed for Parents to Child with Reservation of Life Estate North Carolina Form

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF NORTH CAROLINA WARRANTY DEED [Parent(s) to Child subject to reserved Life Estate] Control Number – NC - SDEED - 2 NOTE ABOUT COMPLETING THE FORMS The forms in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. If you do not see the gray shaded form fields, go the View menu, click on Toolbars, and then select Forms. This will open the forms toolbar. Look for the button on the forms toolbar that resembles a shaded letter “a”. Click in this button and the form fields will be visible. The forms are locked which means that the content of the forms cannot be changed. You can only fill in the information in the fields. 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WARRANTY DEED (Reserved Life Estates) Mail after recording to:       This instrument prepared by:       Brief Description for the Index:       THIS DEED made this the ____________ day of ________________________ , 20 ______ , by and between: GRANTORS (Name and Address) GRANTEE (Name and Address)                                                                                                             WITNESSETH , that the Grantors, for a valuable consideration paid by the Grantee, the receipt of which is hereby acknowledged, has and by these presents does grant, bargain, sell and convey unto the Grantee in fee simple, that certain lot or parcel of land situated in the City of __________________ , ________________________ Township, __________________ County, North Carolina, and more particularly described as follows:       1 The property hereinabove described was acquired by Grantor by instrument recorded in ____________________________________ . A map showing the above-described property is recorded in Map Book ____________ at Page ____________ TO HAVE AND TO HOLD the aforesaid lot or parcel of land and all privileges and appurtenances thereto belonging to the Grantees in fee simple. And the Grantor covenants with the Grantees, that Grantor is seized of the premises in fee simple, has the right to convey the same in fee simple, that title is marketable and free and clear of all encumbrances, and that Grantor will warrant and defend the title against the lawful claims of all persons whomsoever, except for the exceptions stated. Title to the property hereinabove described is subject to the following exceptions:       SUBJECT to Life Estates retained by ____________________________________ and ____________________________________ , Grantors, to run consecutively. It being the intention of the Grantors that the ending of one Life Estate shall in no way affect the remaining Life Estate. WITNESS Grantor’s hand this the ______ day of __________________ , 20 ______ . Grantor       Type or Print Name Grantor       Type or Print Name STATE OF NORTH CAROLINA COUNTY OF ____________ I, a Notary Public, do hereby certify that ______________________________ (here give the name of the grantor or maker) personally appeared before me this day and acknowledged the due execution of the foregoing instrument. Witness my hand and (where an official seal is required by law) official seal This the ______ day of __________________ , 20 ______ . 2 (Official seal.) Notary Public       Type or Print Name My Commission Expires: STATE OF NORTH CAROLINA COUNTY OF ____________ I, a Notary Public, do hereby certify that ______________________________ (here give the name of the grantor or maker) personally appeared before me this day and acknowledged the due execution of the foregoing instrument. Witness my hand and (where an official seal is required by law) official seal. This the ______ day of __________________ , 20 ______ . (Official seal.) Notary Public       Type or Print Name My Commission Expires: * If only one Grantor, substitute the following paragraph: SUBJECT to Life Estates retained by ____________________________________ , Grantor. 3