Lamoille County Special Warranty Deed (Corporation Grantor) Form

Two names open this deed, and only one of them is a person. The grantor is a corporation, identified by its registered name, its state of incorporation, and its principal office; the individual is the officer who signs the By line on its behalf. This is a Vermont special warranty deed configured for a corporation grantor, and its covenants of title reach no further back than the corporation's own ownership.

Authority that runs through the board

Vermont's Business Corporation Act, Title 11A, stands behind the signature. Section 3.02 gives a corporation the same power as an individual to hold real property and to sell, convey, mortgage, lease, or exchange any part of it, unless the articles of incorporation provide otherwise, and Section 8.01 places the exercise of corporate powers by or under the authority of the board of directors. Chapter 12 then divides corporate sales in two: a disposition in the regular course of business proceeds under Section 12.01 on corporate authority alone, while under Section 12.02 a disposition that would leave the corporation without a significant continuing business activity takes shareholder approval by a majority of all the votes entitled to be cast, with a statutory safe harbor for a corporation that retains a quarter of its assets and of its income or revenues. The deed answers on its face what a title examiner asks first: it recites due authorization, and the signer states a representative capacity rather than a personal one.

Corporate recitals, one By line, no spouse anywhere

The form recites exactly one grantor, a corporation identified by its exact registered name, state of incorporation, and principal office address, followed by a numbered section naming the authorized signer and the office held. The signature block prints the corporation's name, takes the officer's signature on the By line, and repeats the printed name and title beneath it; a single acknowledgment certificate follows, drawn on the representative-capacity short form of 26 V.S.A. Section 5368 and carrying the printed notary name and commission number lines that satisfy Vermont law without an official stamp. Because the homestead joinder statute speaks to an owner who is married, a corporate grantor brings no joining spouse block onto the deed at all. A manufacturing corporation selling a building it has outgrown, a closely held corporation distributing real estate under a plan of dissolution, and a parent corporation moving a parcel to or from a subsidiary present the pattern this deed recites. The form is not set up as a deed from a limited liability company, a partnership, a trustee, or an individual owner; each of those grantors recites different parties and different capacity language.

Covenants that stop where corporate ownership began

No Vermont statute writes covenants into an ordinary conveyance, so this deed spells out its own and draws the limit that names the instrument. The corporation covenants that it is lawfully seized, that it holds good right and title to convey, and that the property passes free of encumbrances the corporation made or suffered except those the deed lists, and it warrants and defends only against claims arising by, through, or under the grantor. A defect recorded before the corporation acquired the property sits outside the promise, which is why Vermont title work also files this instrument under the name limited warranty deed.

Fifteen dollars a page, one return, and an exemption list

The executed deed records with the clerk of the Vermont town or city where the land lies, at the statewide fee of fifteen dollars per page; Vermont keeps no county recorder for deeds. 32 V.S.A. Section 9608 keeps a clerk from recording any transfer deed until a completed Property Transfer Tax Return, Form PTT-172, arrives with it, together with its Act 250 certificate. An ordinary sale pays a combined 1.47 percent of value once the clean water surcharge joins the base rate, and the exemption list of 32 V.S.A. Section 9603 speaks directly to entity transactions: its numbered exemptions include transfers involving no change in beneficial ownership and qualifying corporate reorganizations, each claimed by number on the return.

The package delivers three pieces: the special warranty deed as a fillable PDF, a completed example that carries a Vermont corporation's sale of a Windsor County property through every entry, and a plain language guide to the corporate recitals, signer authority under Title 11A, the vesting forms open to the grantees, notarization, and municipal recording. The materials describe Vermont law in general terms and are not legal advice; how these rules meet a particular corporation, authorization, or chain of title is a question for a Vermont attorney.