This form is a Warranty Deed where the Grantor is a limited liaibilty company and the Grantee is a corporation. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
A Queens New York Warranty Deed from a Limited Liability Company (LLC) to a Corporation refers to a legally binding document that transfers ownership of a property in Queens, New York, from an LLC to a corporation while guaranteeing that the property is free from any liens or encumbrances. This deed provides a warranty or guarantee to the receiving party (the corporation) that the LLC has absolute ownership of the property being transferred. In Queens, New York, there are two main types of Warranty Deeds commonly used when transferring property from an LLC to a corporation: 1. General Warranty Deed: This type of deed provides the highest level of protection for the corporation acquiring the property. It guarantees that the LLC transferring the property has clear title and is responsible for any defects in the title that may arise at any point in the property's history. With a General Warranty Deed, the corporation is protected against any claims or challenges regarding the property's ownership. 2. Special Warranty Deed: Unlike a General Warranty Deed, a Special Warranty Deed only guarantees that the LLC transferring the property has not caused any title defects or encumbrances during the time they owned it. It only provides protection from specific claims that may arise during the LLC's ownership tenure. It does not cover any title issues or defects that may have occurred prior to the LLC's ownership. This type of deed grants somewhat limited protection to the receiving corporation. When drafting a Queens New York Warranty Deed from Limited Liability Company to Corporation, it is crucial to include relevant keywords and details to ensure its legality and accuracy. Some relevant keywords include "Queens, New York," "Warranty Deed," "Limited Liability Company," "LLC," "Corporation," "property transfer," "ownership guarantee," "title protection," "liens," and "encumbrances." A comprehensive description should outline the purpose, types, and legal implications of such a deed, highlighting the differences between General Warranty Deeds and Special Warranty Deeds to guarantee a clearer understanding for the reader.A Queens New York Warranty Deed from a Limited Liability Company (LLC) to a Corporation refers to a legally binding document that transfers ownership of a property in Queens, New York, from an LLC to a corporation while guaranteeing that the property is free from any liens or encumbrances. This deed provides a warranty or guarantee to the receiving party (the corporation) that the LLC has absolute ownership of the property being transferred. In Queens, New York, there are two main types of Warranty Deeds commonly used when transferring property from an LLC to a corporation: 1. General Warranty Deed: This type of deed provides the highest level of protection for the corporation acquiring the property. It guarantees that the LLC transferring the property has clear title and is responsible for any defects in the title that may arise at any point in the property's history. With a General Warranty Deed, the corporation is protected against any claims or challenges regarding the property's ownership. 2. Special Warranty Deed: Unlike a General Warranty Deed, a Special Warranty Deed only guarantees that the LLC transferring the property has not caused any title defects or encumbrances during the time they owned it. It only provides protection from specific claims that may arise during the LLC's ownership tenure. It does not cover any title issues or defects that may have occurred prior to the LLC's ownership. This type of deed grants somewhat limited protection to the receiving corporation. When drafting a Queens New York Warranty Deed from Limited Liability Company to Corporation, it is crucial to include relevant keywords and details to ensure its legality and accuracy. Some relevant keywords include "Queens, New York," "Warranty Deed," "Limited Liability Company," "LLC," "Corporation," "property transfer," "ownership guarantee," "title protection," "liens," and "encumbrances." A comprehensive description should outline the purpose, types, and legal implications of such a deed, highlighting the differences between General Warranty Deeds and Special Warranty Deeds to guarantee a clearer understanding for the reader.
