Salem County Quitclaim Deed (Corporation Grantor) Form

Where one person holds two corporate offices, New Jersey limits how many hats a single signature can wear. That rule, N.J.S.A. 14A:6-15(2), sits behind any deed executed for a corporation, and this fill-in-the-blank New Jersey quitclaim deed is built around it and its neighbors: a corporation releases its interest in real estate, one officer executes in a stated office under a stated authority, and nothing promises the interest is good.

The Board, the By-Laws, and the Office

Corporate power over land is not in doubt: N.J.S.A. 14A:3-1(1) lets a corporation own real property and sell, convey, exchange, transfer, and otherwise dispose of any part of its assets. Who may exercise that power on a given afternoon is the harder question. N.J.S.A. 14A:6-1(1) places a corporation's business and affairs under the management or direction of its board, and N.J.S.A. 14A:6-15(4) gives officers the authority the by-laws confer or the board fixes by resolution. Section 2 therefore collects three items rather than one: the individual signing, the corporate office held, and the source of authority relied on. The two-hat rule comes from the same chapter, which lets one person hold several offices while barring any officer from acting in more than one capacity where law or the by-laws call for two officers.

The Certificate Says the Act Was the Corporation's

New Jersey writes the entity acknowledgment into the statute. Under N.J.S.A. 46:14-2.1, a maker acting for a corporation appears before an officer listed in N.J.S.A. 46:14-6.1 and states two things: authority to execute for the entity, and execution as the act of the entity. This deed prints that substance as a paragraph of the certificate, and the by-line blank takes the signer's name with the office and corporate name. Communication technology is available under N.J.S.A. 52:7-10.10.

What the Release Withholds

Statute does the conveyancing here. Remise, release and forever quitclaim are words of conveyance under N.J.S.A. 46:5-1, and N.J.S.A. 46:5-3 fixes their reach: with no reservation made, the deed hands over the estate a bargain and sale deed from this grantor would have reached, and raises no covenant of title. The abbreviated covenant phrases of N.J.S.A. 46:4-3 through 46:4-10, seisin through general warranty, appear nowhere, and the deed prints their absence in capitals. Mortgages, judgments, easements, and unpaid municipal charges stay where the record left them.

When the Shareholders Have a Say

One corporate question reaches past the signature page. N.J.S.A. 14A:10-11(1) governs a disposition of all or substantially all of a corporation's assets outside the usual and regular course of business: the board endorses it and sends it to a shareholder vote, notice reaches each shareholder of record 20 to 60 days ahead, and a majority of the votes cast approves it, or two-thirds for a corporation organized before 1969. A deed records the result; it never substitutes for it.

How This Form Is Configured

The recitals name a corporation and a corporate office, so the form carries one grantor entry with corporate name, jurisdiction of incorporation, and business address; one entry for the signing individual with office and authority source; one grantee entry with mailing address and vesting words; one signature block; one certificate. It is not built for an individual record owner, for two grantor entities, for a fiduciary signer, or for by-laws that call a second officer to the page, and covenants of title are absent by design. Patterns presenting this configuration include a remnant strip released to the adjoining lot owner, record title left standing in a corporate name after a reorganization, and a family corporation releasing ground to a shareholder.

Fees and Affidavits

Consideration is recited as N.J.S.A. 46:15-6 directs, with Form RTF-1 annexed where an exemption is claimed, often the one for consideration under a hundred dollars. Above a million dollars on qualifying property classes, the Graduated Percent Fee of N.J.S.A. 46:15-7.2, as amended by P.L.2025, c.69, falls on the grantor. Division of Taxation guidance has corporations completing the applicable GIT/REP seller form, without which no county records a deed. Indexing runs from a cover sheet or electronic synopsis, and N.J.S.A. 22A:4-4.1 charges thirty dollars for the first page and ten thereafter.

The download holds the deed as a fillable PDF, a completed example worked through a Hudson County release of a rear yard strip, and a plain-language guide to the corporate authority statutes, the numbered sections, the entity acknowledgment, and the recording package. Prompt recording secures the grantee under the race-notice rule of N.J.S.A. 46:26A-12. The materials are informational and are not legal advice.