This form is a Limited Warranty Deed where the grantor is an individual and the grantee is a limited liability company.
A Cuyahoga Ohio Limited Warranty Deed from Individual to LLC is a legal document that transfers ownership of a property from an individual to a Limited Liability Company (LLC) in Cuyahoga County, Ohio. This type of transfer provides certain assurances and protections to the LLC regarding the property's title and potential encumbrances. A Limited Warranty Deed is a commonly used method of property transfer in Ohio, ensuring that the granter holds clear and unencumbered title to the property and assumes responsibility for any defects or claims that may arise during their ownership. This type of deed warrants only against claims arising from the granter's ownership, not prior owners. In Cuyahoga County, various types of Limited Warranty Deeds can be utilized based on the specific circumstances of the transaction. Some common types include: 1. General Limited Warranty Deed: This is the most common form of Limited Warranty Deed, covering all relevant aspects of the property's title during the granter's ownership. 2. Special Limited Warranty Deed: This type of deed ensures that the granter warrants only against claims that occurred during their ownership, excluding any claims arising before their ownership. 3. Limited Warranty Deed with Covenants Against Granter's Acts: This type of deed provides additional assurances to the grantee, as the granter not only warrants against claims arising from their ownership but also ensures that they have taken no actions detrimental to the property's title. 4. Limited Warranty Deed in Trust: This deed is used when the property is being transferred to an LLC held in a trust. It provides the same limited warranty protection as other types of Limited Warranty Deeds but with the additional provisions of the trust. When transferring a property from an individual to an LLC in Cuyahoga County, Ohio, it is essential to consult with a qualified attorney or real estate professional to ensure the proper type of Limited Warranty Deed is chosen based on the specific circumstances of the transaction. This will help safeguard the interests of both the granter and the LLC, providing peace of mind regarding the property's title and potential future claims.A Cuyahoga Ohio Limited Warranty Deed from Individual to LLC is a legal document that transfers ownership of a property from an individual to a Limited Liability Company (LLC) in Cuyahoga County, Ohio. This type of transfer provides certain assurances and protections to the LLC regarding the property's title and potential encumbrances. A Limited Warranty Deed is a commonly used method of property transfer in Ohio, ensuring that the granter holds clear and unencumbered title to the property and assumes responsibility for any defects or claims that may arise during their ownership. This type of deed warrants only against claims arising from the granter's ownership, not prior owners. In Cuyahoga County, various types of Limited Warranty Deeds can be utilized based on the specific circumstances of the transaction. Some common types include: 1. General Limited Warranty Deed: This is the most common form of Limited Warranty Deed, covering all relevant aspects of the property's title during the granter's ownership. 2. Special Limited Warranty Deed: This type of deed ensures that the granter warrants only against claims that occurred during their ownership, excluding any claims arising before their ownership. 3. Limited Warranty Deed with Covenants Against Granter's Acts: This type of deed provides additional assurances to the grantee, as the granter not only warrants against claims arising from their ownership but also ensures that they have taken no actions detrimental to the property's title. 4. Limited Warranty Deed in Trust: This deed is used when the property is being transferred to an LLC held in a trust. It provides the same limited warranty protection as other types of Limited Warranty Deeds but with the additional provisions of the trust. When transferring a property from an individual to an LLC in Cuyahoga County, Ohio, it is essential to consult with a qualified attorney or real estate professional to ensure the proper type of Limited Warranty Deed is chosen based on the specific circumstances of the transaction. This will help safeguard the interests of both the granter and the LLC, providing peace of mind regarding the property's title and potential future claims.
