This form is a General Warranty Deed where the Grantor is a limited liability company and the grantee is an individual. Grantor conveys and generally warrants the described property to the grantee. This deed complies with all state statutory laws.
The Franklin Ohio General Warranty Deed — Limited Liability Company to an Individual is a legally binding document that transfers ownership of real estate from a limited liability company (LLC) to an individual. This type of deed provides the individual receiving the property with certain assurances and protections regarding the title of the property. In Franklin, Ohio, there are different types of General Warranty Deeds that specifically involve limited liability companies transferring property to individuals. These variations can include: 1. Franklin Ohio General Warranty Deed — Single Member LLC to an Individual: This type of deed is used when a property owned by a single-member LLC is being transferred to an individual. It ensures that the individual receiving the property has clear title and that the LLC guarantees to defend against any claims or issues related to the property. 2. Franklin Ohio General Warranty Deed — Multi-Member LLC to an Individual: If a property is owned by a multi-member LLC and is being transferred to an individual, this type of deed is employed. It offers similar protections as the single-member LLC deed, ensuring a clear title and the LLC taking responsibility for any legal challenges related to the property. 3. Franklin Ohio General Warranty Deed — LLC Member's Interest to an Individual: This particular deed is used when an individual is acquiring the ownership interest or shares of a limited liability company that holds property in Franklin, Ohio. The deed transfers the LLC member's interest to the individual, including any associated rights, benefits, and responsibilities. Regardless of the specific type, a Franklin Ohio General Warranty Deed involving an LLC to an individual typically includes essential information such as the names and addresses of the transferor (LLC) and the transferee (individual), a legal description of the property, and any relevant terms and conditions agreed upon during the transfer process. This legal document grants the individual the full ownership rights and title to the property, while also providing a guarantee of clear title and protection against any future claims or encumbrances. In summary, the Franklin Ohio General Warranty Deed — Limited Liability Company to an Individual is a vital legal instrument that establishes the transfer of ownership from an LLC to an individual, ensuring clear title and offering protection against potential issues regarding the property. By utilizing this type of deed, both parties can confidently complete the property transfer process while safeguarding their respective interests.The Franklin Ohio General Warranty Deed — Limited Liability Company to an Individual is a legally binding document that transfers ownership of real estate from a limited liability company (LLC) to an individual. This type of deed provides the individual receiving the property with certain assurances and protections regarding the title of the property. In Franklin, Ohio, there are different types of General Warranty Deeds that specifically involve limited liability companies transferring property to individuals. These variations can include: 1. Franklin Ohio General Warranty Deed — Single Member LLC to an Individual: This type of deed is used when a property owned by a single-member LLC is being transferred to an individual. It ensures that the individual receiving the property has clear title and that the LLC guarantees to defend against any claims or issues related to the property. 2. Franklin Ohio General Warranty Deed — Multi-Member LLC to an Individual: If a property is owned by a multi-member LLC and is being transferred to an individual, this type of deed is employed. It offers similar protections as the single-member LLC deed, ensuring a clear title and the LLC taking responsibility for any legal challenges related to the property. 3. Franklin Ohio General Warranty Deed — LLC Member's Interest to an Individual: This particular deed is used when an individual is acquiring the ownership interest or shares of a limited liability company that holds property in Franklin, Ohio. The deed transfers the LLC member's interest to the individual, including any associated rights, benefits, and responsibilities. Regardless of the specific type, a Franklin Ohio General Warranty Deed involving an LLC to an individual typically includes essential information such as the names and addresses of the transferor (LLC) and the transferee (individual), a legal description of the property, and any relevant terms and conditions agreed upon during the transfer process. This legal document grants the individual the full ownership rights and title to the property, while also providing a guarantee of clear title and protection against any future claims or encumbrances. In summary, the Franklin Ohio General Warranty Deed — Limited Liability Company to an Individual is a vital legal instrument that establishes the transfer of ownership from an LLC to an individual, ensuring clear title and offering protection against potential issues regarding the property. By utilizing this type of deed, both parties can confidently complete the property transfer process while safeguarding their respective interests.