This form is a Warranty Deed where the grantor is an individual and the grantee is a trust. Grantor conveys and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
Title: Understanding Lansing Michigan Warranty Deed from an Individual to a Trust Description: A Lansing Michigan Warranty Deed from an Individual to a Trust is a legal document used to transfer ownership of real property from an individual (also known as the granter) to a trust entity (the grantee). This type of deed ensures that the property's title is transferred with a guarantee of clear ownership and protection against any prior claims or encumbrances. Keywords: Lansing Michigan, Warranty Deed, Individual, Trust, Property, Ownership, Title, Clear ownership, Claims, Encumbrances. Types of Lansing Michigan Warranty Deed from Individual to a Trust: 1. General Warranty Deed: A General Warranty Deed guarantees the granter's full ownership and provides the highest level of protection for the grantee. It assures the grantee that the property has not been previously sold or encumbered and protects against any future claims or title defects. 2. Special Warranty Deed: A Special Warranty Deed is similar to a General Warranty Deed but provides limited protection. It guarantees that the granter has not created any encumbrances during their ownership period, but it doesn't cover any potential issues before their ownership. 3. Quitclaim Deed: A Quitclaim Deed is often used when the granter wants to transfer their interest in the property without making any warranties or guarantees. This type of deed transfers the granter's ownership rights "as-is" and is commonly used in non-sale situations like gifting property or transferring between family members. 4. Lady Bird Deed (Enhanced Life Estate Deed): A Lady Bird Deed is a unique type of deed that allows the granter to retain control and benefits of the property during their lifetime, while simultaneously granting the property to the trust upon their death. This type of transfer bypasses the probate process and allows for seamless transition of property ownership. These various types of Lansing Michigan Warranty Deeds from an Individual to a Trust ensure a secure and hassle-free transfer of real property, offering different levels of protection and benefits, depending on the granter's intentions and circumstances. Note: It is recommended to consult with a qualified attorney or real estate professional for specific guidance and legal advice when dealing with warranty deeds and property transfers.Title: Understanding Lansing Michigan Warranty Deed from an Individual to a Trust Description: A Lansing Michigan Warranty Deed from an Individual to a Trust is a legal document used to transfer ownership of real property from an individual (also known as the granter) to a trust entity (the grantee). This type of deed ensures that the property's title is transferred with a guarantee of clear ownership and protection against any prior claims or encumbrances. Keywords: Lansing Michigan, Warranty Deed, Individual, Trust, Property, Ownership, Title, Clear ownership, Claims, Encumbrances. Types of Lansing Michigan Warranty Deed from Individual to a Trust: 1. General Warranty Deed: A General Warranty Deed guarantees the granter's full ownership and provides the highest level of protection for the grantee. It assures the grantee that the property has not been previously sold or encumbered and protects against any future claims or title defects. 2. Special Warranty Deed: A Special Warranty Deed is similar to a General Warranty Deed but provides limited protection. It guarantees that the granter has not created any encumbrances during their ownership period, but it doesn't cover any potential issues before their ownership. 3. Quitclaim Deed: A Quitclaim Deed is often used when the granter wants to transfer their interest in the property without making any warranties or guarantees. This type of deed transfers the granter's ownership rights "as-is" and is commonly used in non-sale situations like gifting property or transferring between family members. 4. Lady Bird Deed (Enhanced Life Estate Deed): A Lady Bird Deed is a unique type of deed that allows the granter to retain control and benefits of the property during their lifetime, while simultaneously granting the property to the trust upon their death. This type of transfer bypasses the probate process and allows for seamless transition of property ownership. These various types of Lansing Michigan Warranty Deeds from an Individual to a Trust ensure a secure and hassle-free transfer of real property, offering different levels of protection and benefits, depending on the granter's intentions and circumstances. Note: It is recommended to consult with a qualified attorney or real estate professional for specific guidance and legal advice when dealing with warranty deeds and property transfers.
