This form is a Warranty Deed where the Grantor is an Individual and the Grantee is also a limited liability company. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
A Broken Arrow Oklahoma Warranty Deed is a legally binding document that transfers real property from an individual to a limited liability company in Broken Arrow, Oklahoma. This specific type of warranty deed ensures that the individual (granter) holds clear title to the property and guarantees that they will defend the title against any claims that may arise in the future. One type of warranty deed that can be used in Broken Arrow, Oklahoma is the General Warranty Deed. This type of deed provides the highest level of protection to the grantee (limited liability company) as it includes several covenants or promises from the granter. These covenants typically include: 1. Covenant of Basin: The granter guarantees that they are the lawful owner and have the right to transfer the property to the limited liability company. 2. Covenant of Right to Convey: The granter assures that they have the legal authority to transfer the property and that it is not subject to any restrictions or encumbrances. 3. Covenant Against Encumbrances: The granter guarantees that the property is free from any liens, mortgages, or other encumbrances, except those mentioned in the deed. 4. Covenant of Quiet Enjoyment: The granter promises that the limited liability company will not be disturbed in their possession or use of the property by any third-party claims to the title. 5. Covenant of Warranty: The granter assures that they will defend the title against any valid claims that may arise in the future and compensate the limited liability company for any losses suffered as a result. Another type of warranty deed that may be used is the Special Warranty Deed. This type of deed is similar to the General Warranty Deed, but it limits the granter's liability to claims that arose during their ownership of the property. It does not provide protection against any claims that existed before the granter acquired the property. In summary, a Broken Arrow Oklahoma Warranty Deed from an individual to a limited liability company is a legally binding document that facilitates the transfer of real property. This deed ensures that the grantee holds clear title and offers various covenants of protection, such as the General Warranty Deed or the Special Warranty Deed. It is crucial to consult with a qualified attorney or real estate professional to ensure the accuracy and legality of the warranty deed.A Broken Arrow Oklahoma Warranty Deed is a legally binding document that transfers real property from an individual to a limited liability company in Broken Arrow, Oklahoma. This specific type of warranty deed ensures that the individual (granter) holds clear title to the property and guarantees that they will defend the title against any claims that may arise in the future. One type of warranty deed that can be used in Broken Arrow, Oklahoma is the General Warranty Deed. This type of deed provides the highest level of protection to the grantee (limited liability company) as it includes several covenants or promises from the granter. These covenants typically include: 1. Covenant of Basin: The granter guarantees that they are the lawful owner and have the right to transfer the property to the limited liability company. 2. Covenant of Right to Convey: The granter assures that they have the legal authority to transfer the property and that it is not subject to any restrictions or encumbrances. 3. Covenant Against Encumbrances: The granter guarantees that the property is free from any liens, mortgages, or other encumbrances, except those mentioned in the deed. 4. Covenant of Quiet Enjoyment: The granter promises that the limited liability company will not be disturbed in their possession or use of the property by any third-party claims to the title. 5. Covenant of Warranty: The granter assures that they will defend the title against any valid claims that may arise in the future and compensate the limited liability company for any losses suffered as a result. Another type of warranty deed that may be used is the Special Warranty Deed. This type of deed is similar to the General Warranty Deed, but it limits the granter's liability to claims that arose during their ownership of the property. It does not provide protection against any claims that existed before the granter acquired the property. In summary, a Broken Arrow Oklahoma Warranty Deed from an individual to a limited liability company is a legally binding document that facilitates the transfer of real property. This deed ensures that the grantee holds clear title and offers various covenants of protection, such as the General Warranty Deed or the Special Warranty Deed. It is crucial to consult with a qualified attorney or real estate professional to ensure the accuracy and legality of the warranty deed.
