Tennessee Quitclaim Deed (Corporation Grantor)

Tennessee printed a certificate for this deed. Tucked into the state's acknowledgment chapter is a form written for an instrument executed by a corporation, and this Tennessee quitclaim deed is built around it: a single corporate grantor, giving up whatever interest the corporation has in a Tennessee parcel, over one signature made in the corporate name by an officer authorized to execute it.

The certificate the code wrote for a corporate deed

T.C.A. Section 66-22-108(a) makes the acknowledgment for record of a deed executed by a corporation good and sufficient when made substantially in the form that subsection prints, and it settles the seal question: the certificate serves whether the corporation has a seal or not. The officer certifies that the person appeared and acknowledged being the president, or another officer authorized to execute the instrument, of the within named bargainor, a corporation, and executed the deed by signing the corporate name. This form's certificate carries that substance, with Section 66-22-114 behind it, validating a certificate that clearly evidences the intent to acknowledge without regard to particular words.

Where the authority to sign comes from

The Tennessee Business Corporation Act supplies the chain the instrument recites. Section 48-18-101(b) places all corporate powers under the authority of the board of directors, and Section 48-18-401(a) gives a corporation the officers described in its bylaws or designated by the board, with subsection (c) assigning one officer responsibility for authenticating corporate records. One transaction answers to a rule of its own: under Section 48-22-102(a), disposing of all or substantially all of the corporation's property outside the usual and regular course of business takes a board proposal plus shareholder approval. Section 2 collects the signer's office and the authority relied on.

One corporation, one signature, two notarial acts

The form recites a single corporate grantor, with its jurisdiction of incorporation, and one grantee. Section 13 places the corporate name above one signature line carrying printed name, date, and capacity, followed by one acknowledgment certificate. Beneath Section 14, the sworn statement of consideration or value has its own signature line and a jurat, since swearing to a figure and acknowledging a signature are distinct notarial acts. A corporation deeding a parcel to the entity that acquired substantially all of its assets, a corporation quitclaiming its interest to settle a boundary question, and a corporation clearing a lot left clouded after a corporate name change, present the movements this deed recites. It is not drawn for an individual signing personally, for two corporations conveying together, or for a signer whose authority runs from an operating agreement or a trust instrument. A corporation incorporated elsewhere still signs here: Section 48-25-102(f) provides that failure to obtain a certificate of authority does not impair the validity of a foreign corporation's corporate acts.

What the register collects before the deed goes on record

Tax is settled at the counter, at $0.37 for each $100 of consideration or value, whichever is greater, paid by the grantee. Keeping the statutory quitclaim wording of Section 66-5-103(2) matters to that arithmetic, because Section 67-4-409(a)(4) measures such a deed on the actual consideration rather than appraised value. Corporations have one exemption written for them, in Section 67-4-409(e), which reaches instruments made under plans of reorganization: mergers, consolidations, and sales or transfers of substantially all of a corporation's assets in this state. Ordinary transfers between a corporation and its shareholders sit outside it. The numbered sections also gather the derivation of title recital of Section 66-24-110, the owner and tax party entries of Section 66-24-114, and the assessor's parcel number.

A release, and the limits of one

What passes is the corporation's interest exactly as it stands, with no covenant or warranty behind it: liens, easements, restrictions, and unpaid taxes stay attached to the land. Homestead never enters the analysis, because Section 26-2-301 ties that exemption to an individual's principal residence. The deed carries no proof of its own authority: Section 12 states what the corporation asserts, while an examiner traces the charter record, the bylaws, and the resolution. Searchers reach this instrument as a corporate quitclaim deed or a quit claim deed from a corporation.

The download holds the deed as a blank fillable PDF, a completed Wilson County example worked from the corporate grantor line to the jurat under the oath, and a plain language guide covering the fourteen numbered sections, the corporate certificate, and filing with the register of deeds. It describes Tennessee law in general terms for information and is not legal advice.