North Carolina Quitclaim Deed (Corporation Grantor)

A deed out of a North Carolina corporation gets read twice: once for the signature, and once for the transaction behind it. This fillable North Carolina quitclaim deed is drawn for a single corporation as Grantor. One corporate official signs in the corporation's name, a labeled blank records the office that official holds, and the deed releases whatever right, title, and interest the corporation has, with no covenant or warranty of title.

Two questions behind one corporate signature

The first belongs to the signer. G.S. 47-18.3(a) looks at the registered page and nothing else: an instrument whose face shows ordinary-course signing on behalf of a domestic or foreign corporation, by one of the officials that subsection lists, is as good against innocent third parties as if the directors had voted it, and the protection lapses where the paper itself discloses a potential breach of fiduciary obligation. The second question belongs to the corporation itself. G.S. 55-12-02(a) conditions a disposition of all, or substantially all, of a corporation's property, otherwise than in the usual and regular course of business, on the board proposing it and the shareholders approving, while subsection (b) marks out what needs no shareholder vote. The deed answers the first on its face and leaves the second to the corporate record.

The resolution the statute does not ask for

G.S. 47-18.3(e) describes the older route, in which a corporation conveys through an officer, manager, or agent with a signed and attested board resolution attached or recorded separately where the land lies. The subsection then removes that step for an instrument duly executed by the corporation's chairman, president, chief executive officer, a vice-president, assistant vice-president, treasurer, or chief financial officer. That is why the small blank beside the printed name earns its place: the office written there is what a title examiner reads later.

A certificate written for corporate deeds

North Carolina writes acknowledgment forms for this instrument. G.S. 47-41.01(c) states one for an official signing the corporation's name in that official's capacity, without attestation or seal, and this certificate carries its substance: that the person named holds the office stated with the corporation named as Grantor and, being authorized, signed in the corporation's name. Subsection (b) states the alternative for a deed sealed and attested by a second corporate official, and subsection (b)(6) lets the seal phrase drop out where no seal was affixed. G.S. 39-6.5 took the seal requirement out of conveyances, so no impression belongs on the signature line and none is missing from it.

What the form recites

The form recites one Grantor corporation by legal name, state or country of incorporation, and mailing address; one grantee side with a blank for names and any tenancy designation; the consideration; the primary residence statement G.S. 105-317.2 asks of every deed; then the corporation's name above a single signature line, a printed-name line for the register's index, a date, and the office or title blank. Positions in the records presenting this shape include a corporation releasing an overlap or remnant strip to the adjoining owner after a survey, one selling surplus land to a buyer who takes the record as it stands, and one releasing a residual interest in subdivision land to an owners association. The form is not set up for two conveying entities, two officials signing together, an individual conveying individually, or an attestation line under a corporate seal.

What page one reports

Page one holds the three inch blank space G.S. 161-14(b) reserves and names the instrument type under it, then collects the entries the register reads: the drafter name, which G.S. 47-17.1 requires on a first page before a deed may be accepted, the excise figure, a parcel identifier blank under G.S. 161-30, and the return block. On a bargained corporate transfer the excise tax runs at one dollar per five hundred dollars, or fraction, of consideration or value under G.S. 105-228.30, collected by the register before recording under G.S. 105-228.32. Under G.S. 47-18 the conveyance becomes good against lien creditors and purchasers for value only from registration in that county.

Included: this deed as a fillable PDF, a completed example worked through a Union County boundary strip released by a manufacturer, and a plain language guide covering each section, the authority and acknowledgment statutes, the vesting menu, excise treatment, and recording steps. Searchers reach the instrument as a quit claim deed, a quitclaim, or a non-warranty deed; under any label, this material describes North Carolina law generally and is not legal advice.