Ohio Partition Warranty Deed

State:
Multi-State
Control #:
US-01604
Format:
Word; 
Rich Text
Instant download

Description

This form is a Partition Warranty Deed. The purpose of the form is to divide up a tract of property into parcels to be distributed to heirs. Adapt to fit your circumstances. Ohio Partition Warranty Deed is a legal document used in the state of Ohio to transfer ownership rights of real estate property. It provides a warranty of title, ensuring that the property being transferred is free from any encumbrances or claims. The deed guarantees that the granter (seller) holds the full legal and equitable title to the property and has the right to sell it. Keywords: Ohio Partition Warranty Deed, real estate, ownership rights, transfer, warranty of title, encumbrances, claims, granter, legal title, equitable title, sell. Different Types of Ohio Partition Warranty Deed: 1. General Warranty Deed: This type of deed guarantees the title against any claims or encumbrances that may have arisen at any time in the past, even if they were not known to the granter or the buyer. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees the title against claims or encumbrances that have arisen during the time the granter owned the property. It does not cover any issues from before the granter took ownership. 3. Limited Warranty Deed: This type of deed provides a limited warranty of title, guaranteeing that the granter has not created any encumbrances on the property during their ownership. However, it does not protect the buyer against claims or encumbrances that existed before the granter's ownership. 4. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed is commonly used in Ohio for property transfers. It transfers the granter's interest in a property to the buyer without any warranties or guarantees of title. It is often used in cases such as property transfers between family members or in divorce settlements, where title issues are not a concern. In summary, an Ohio Partition Warranty Deed is a legal document used to transfer ownership of real estate in Ohio, providing a warranty of title. Variations include general warranty, special warranty, limited warranty, and quitclaim deeds, each offering different levels of protection or lack thereof against claims and encumbrances.

Ohio Partition Warranty Deed is a legal document used in the state of Ohio to transfer ownership rights of real estate property. It provides a warranty of title, ensuring that the property being transferred is free from any encumbrances or claims. The deed guarantees that the granter (seller) holds the full legal and equitable title to the property and has the right to sell it. Keywords: Ohio Partition Warranty Deed, real estate, ownership rights, transfer, warranty of title, encumbrances, claims, granter, legal title, equitable title, sell. Different Types of Ohio Partition Warranty Deed: 1. General Warranty Deed: This type of deed guarantees the title against any claims or encumbrances that may have arisen at any time in the past, even if they were not known to the granter or the buyer. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees the title against claims or encumbrances that have arisen during the time the granter owned the property. It does not cover any issues from before the granter took ownership. 3. Limited Warranty Deed: This type of deed provides a limited warranty of title, guaranteeing that the granter has not created any encumbrances on the property during their ownership. However, it does not protect the buyer against claims or encumbrances that existed before the granter's ownership. 4. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed is commonly used in Ohio for property transfers. It transfers the granter's interest in a property to the buyer without any warranties or guarantees of title. It is often used in cases such as property transfers between family members or in divorce settlements, where title issues are not a concern. In summary, an Ohio Partition Warranty Deed is a legal document used to transfer ownership of real estate in Ohio, providing a warranty of title. Variations include general warranty, special warranty, limited warranty, and quitclaim deeds, each offering different levels of protection or lack thereof against claims and encumbrances.

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Ohio Partition Warranty Deed