Vermont Quitclaim Deed (Corporation Grantor)

Every quitclaim deed identifies who releases an interest; this one also documents who may hold the pen. It is a Vermont quitclaim deed drawn for a corporation grantor: the corporation's registered name occupies the grantor line, a numbered section identifies the officer authorized to sign for it, and the notary certificate recites that officer's title rather than a personal capacity. Shoppers reach this build of the quit claim deed, or quick claim deed, while searching for a corporate quitclaim deed or a deed from an Inc.

The officer signs, the corporation conveys

Vermont's Business Corporation Act gives every corporation power to sell, convey, mortgage, pledge, lease, exchange, and otherwise dispose of all or any part of its property, 11A V.S.A. section 3.02(5), and it leaves the question of who wields that power to the corporation's own governance: officers carry the duties the bylaws and the board of directors assign them, 11A V.S.A. sections 2.06 and 8.41. Vermont records no certificate of corporate signing authority in its municipal land records, so the deed itself supplies the recitals a title examiner reads: the corporation acts by and through the named officer and the signature binds the corporation, not the signer personally.

The deed that empties the corporation asks one more question

Board-level authorization carries most corporate parcels out the door. Vermont statute draws one boundary above the board: under 11A V.S.A. section 12.02, a disposition of assets that would leave the corporation without a significant continuing business activity requires approval of the corporation's shareholders, by a majority of all the votes entitled to be cast unless the articles or the board set a higher bar. A corporation whose only real asset is the land being deeded stands squarely inside that statute, a point the guide flags at the authority step. The approval stays in the corporate minute book; the recorded deed shows only the officer's execution.

One corporate grantor, one officer, one certificate

The form recites exactly one corporation grantor, identified by registered name, state of incorporation, and mailing address, with the authorized signer and office named in the section that follows. Eleven numbered sections run through the grantee, consideration, location, legal description, source of title, and matters of record to the operative conveyance, in which the corporation remises, releases, and forever quitclaims whatever right, title, and interest it holds at delivery, without covenant or warranty of title; Vermont prescribes no quitclaim form and implies no covenants into an ordinary deed. The signature block sets the corporation's name over a By line, and the single acknowledgment certificate takes the representative-capacity short form of 26 V.S.A. section 5368(2): the record is acknowledged by the named individual as an officer of the named corporation. A corporation in dissolution deeding its last parcel to its shareholders, a family farm corporation returning the farmhouse lot to its founders at retirement, and a corporation releasing a strip of land that clouds an abutting title present the pattern this deed recites. The form is not set up as a deed from an individual owner, from co-owner grantors, from a trustee, or from a company organized as a limited liability company; each of those signs under a different architecture.

Fifteen dollars a page, and a return the clerk waits for

Vermont keeps land records town by town, so the deed records with the clerk of the municipality where the parcel lies, at the statewide $15 per page. It cannot record alone: 32 V.S.A. section 9608 bars a clerk from accepting a deed evidencing a transfer until a completed Property Transfer Tax Return, Form PTT-172, and the required Act 250 certificate arrive with it. The tax runs 1.25 percent of value plus the 0.22 percent clean water surcharge, the transferee is the party liable, and the exemptions of 32 V.S.A. section 9603, several of which reach corporate reorganizations and transfers with no change in beneficial ownership, are claimed on the face of the return.

What the download contains

The package contains the corporation quitclaim deed as a fillable PDF opening with a non-recorded instructions page, a completed example filled in for a St. Johnsbury, Caledonia County fact pattern in which a Vermont corporation conveys a surveyed lot through its president, and a plain language guide that treats each numbered section in turn, describes how grantees may hold Vermont title, and follows the corporate authority statutes, the representative-capacity certificate, and the transfer tax return through recording. The materials describe Vermont law in general terms and are not legal advice.