Columbus Ohio Warranty Deed

• Category: Ohio Real Estate
• State: Ohio
• City: Columbus
• Control #: OH-LR017
• Format: Word; Rich Text

Description

Warranty deeds provide the purchaser of the property with the highest form of protection, and are often used when a buyer wants to get financing for a mortgage or title insurance. This form is used by a married couple as the Grantors and the Grantees are the Trustees of an Irrevocable Trust. A Columbus Ohio Warranty Deed is a legal document that transfers ownership of real property from one party, known as the granter or seller, to another party, known as the grantee or buyer. This type of deed provides certain assurances and promises by the granter to the grantee, known as covenants, regarding the ownership and condition of the property. Keywords: Columbus Ohio, Warranty Deed, legal document, transfers ownership, real property, granter, seller, grantee, buyer, assurances, promises, covenants, ownership, condition. There are different types of Columbus Ohio Warranty Deeds that serve specific purposes and cater to diverse circumstances. These include: 1. General Warranty Deed: This is the most common type of Columbus Ohio Warranty Deed. It provides the strongest assurance to the grantee as it includes several specific covenants. These covenants typically cover aspects such as the granter's legal ownership of the property, freedom from any liens or encumbrances, and the granter's promise to defend the title against any future claims. 2. Special Warranty Deed: This type of deed differs from a General Warranty Deed in that it only provides the grantee with assurances and covenants from the granter during their period of ownership. The granter does not assume responsibility for any defects or claims that may have arisen before they acquired the property. 3. Quitclaim Deed: This is a less protective type of warranty deed as it does not offer any assurances or covenants regarding the property's title. A quitclaim deed transfers the interest or rights the granter has in the property, if any, to the grantee. It is commonly used when there is uncertainty about the granter's ownership claims or when transferring property between family members. In summary, a Columbus Ohio Warranty Deed is a legally binding document used to transfer ownership of real property in Columbus, Ohio. It provides assurances and promises by the granter to the grantee, with different types of deeds offering varying levels of protection and covenants.

A Columbus Ohio Warranty Deed is a legal document that transfers ownership of real property from one party, known as the granter or seller, to another party, known as the grantee or buyer. This type of deed provides certain assurances and promises by the granter to the grantee, known as covenants, regarding the ownership and condition of the property. Keywords: Columbus Ohio, Warranty Deed, legal document, transfers ownership, real property, granter, seller, grantee, buyer, assurances, promises, covenants, ownership, condition. There are different types of Columbus Ohio Warranty Deeds that serve specific purposes and cater to diverse circumstances. These include: 1. General Warranty Deed: This is the most common type of Columbus Ohio Warranty Deed. It provides the strongest assurance to the grantee as it includes several specific covenants. These covenants typically cover aspects such as the granter's legal ownership of the property, freedom from any liens or encumbrances, and the granter's promise to defend the title against any future claims. 2. Special Warranty Deed: This type of deed differs from a General Warranty Deed in that it only provides the grantee with assurances and covenants from the granter during their period of ownership. The granter does not assume responsibility for any defects or claims that may have arisen before they acquired the property. 3. Quitclaim Deed: This is a less protective type of warranty deed as it does not offer any assurances or covenants regarding the property's title. A quitclaim deed transfers the interest or rights the granter has in the property, if any, to the grantee. It is commonly used when there is uncertainty about the granter's ownership claims or when transferring property between family members. In summary, a Columbus Ohio Warranty Deed is a legally binding document used to transfer ownership of real property in Columbus, Ohio. It provides assurances and promises by the granter to the grantee, with different types of deeds offering varying levels of protection and covenants.