Franklin City Quitclaim Deed (Corporation Grantor) Form

Code of Virginia Section 55.1-624 names who may sign a deed in a corporation's name: the president or acting president, any vice-president, or another person the board of directors authorized. This Virginia quitclaim deed is built around that sentence: one corporation on the grantor side, one of those people signing in the corporate name, and an entry for the capacity relied on.

Authority that rides in the certificate

The statute adds a recording condition an individual grantor never meets: where the deed is to be recorded, the person signing the corporate name acknowledges that authority in the manner Section 55.1-625 provides. It is generous: where a writing purports to be signed by authority of a corporation, the certificate of acknowledgment by the person who signed suffices for recordation as to the corporation, without expressing that it was on the corporation's behalf. Section 4 carries the capacity and the authority relied on, and the certificate follows the corporate short form of Section 55.1-621: the officer or agent, that person's title, the corporation, and its state or place of incorporation.

One corporation, one signer, one certificate

The grantor side is fixed at a single corporation acting through one authorized person: a corporate name line above the signature rule, a printed name, a date, a title line, and one acknowledgment certificate whose venue reads city or county under Section 47.1-16(A). A subsidiary releasing a parcel to its parent in a reorganization, a corporation distributing land to its stockholders in a liquidation, and a corporation whose name sits in an old chain of title releasing what it still holds present the single-corporation release these recitals carry. The form is not set up for individuals signing in their own names, for a member or manager signing for a company, for a fiduciary, or for two corporate grantors.

No seal, and no attesting officer

Virginia settled the corporate formalities long ago. Section 13.1-627(A)(2) makes a corporate seal a power a corporation may use, not a duty, and Section 55.1-645 declares a corporate deed valid even though the seal was never affixed, or was affixed without attestation by the secretary. Under Section 55.1-626 a notary who is a stockholder or officer may take the acknowledgment if not otherwise interested in the property, though not where the company executes through that person.

Exemptions written for corporate transfers

Section 58.1-811 carries exemptions only entity transfers reach: subsection A 7 for a deed from a corporation to its stockholders on liquidation under Internal Revenue Code Sections 331, 332, 333, or 337, subsection A 8 for a merger, consolidation, or reorganization within Sections 368(a)(1)(C) and (F), and subsection A 9 for a deed between a parent and its subsidiary qualifying for nonrecognition of gain or loss. A release passing no money also carries the classification sentence subsection D has required since July 1, 2026. Section 2 collects the consideration, the actual value Section 58.1-801 ties to the current assessment roll, the Code section, and that sentence.

Warranty withheld, recording still at work

Virginia gives legal effect to covenant phrases, not to a caption, and none of those at Sections 55.1-354 through 55.1-362 appear here. Section 9 states in capital letters that no warranty of title is made, names the withheld covenants of seisin, right to convey, quiet possession, freedom from encumbrances, and further assurances, and adds that the signer takes on nothing individually. Section 55.1-407 still names the quitclaim form in the recording act, leaving a grantee who takes by quitclaim eligible to be a purchaser for value without notice.

What page one carries

An entity grantor changes what a clerk reads first. The corporate name is entered as the State Corporation Commission carries it, with the element Section 13.1-630(A) requires, while an individual grantee's surname is capitalized for the indexing clause of Section 17.1-223(A). Section 1 holds the parcel number Section 17.1-252 requires in localities with unique parcel systems, the title insurance underwriter, the preparer statement, and the return address.

Searchers reach this instrument as a corporate quitclaim deed, a quit claim deed signed by an officer, or a corporation release of interest; this package prepares the Virginia version for one corporation as grantor. Three files arrive: the fillable deed, a completed example worked through a Roanoke County transfer to a parent corporation, and a plain-language guide that walks each blank, the ways a Virginia grantee may hold title, the notarial rules, and the taxes collected. These materials describe Virginia law in general terms and are not legal advice.