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Oklahoma Warranty Deed from Individual to LLC

Limited Liability Company Form

Name: Oklahoma Warranty Deed from Individual to LLC
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.6 (360 reviews)

Category:

Oklahoma Real Estate - Deeds - Warranty

State:

Oklahoma

Control #:

OK-07-78

Format:

Instant download

Description Oklahoma Warranty Deed

This Warranty Deed from Individual to LLC form is a Warranty Deed where the grantor is an individual and the grantee is a limited liability company. Grantor conveys and warrants the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.

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How to fill out Oklahoma Warranty Deed From Individual To LLC?

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FAQ

The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company for you to sign at closing. The title company is commonly the trustee to the deed and holds legal title to the property until the loan gets fully repaid.

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

The original deed is returned to the owner of the property from the office of the recorder after proper entry. The office of the Recorder of Deeds maintains a set of indexes about each deed recorded, for an easy search. Almost all states have a grantor-grantee index including a reference to all documents recorded.

After your Warranty Deed has been recorded at the County Clerk's Office, it can be sent to the grantee. However, any person or corporation can be designated as the recipient of the recorded Warranty Deed.

Laws § 16-40. Recording (A§ 16-16) Must be filed with the Register of Deeds in the County where the property is located. Signing (A§ 16-26) The Grantor(s) are required to sign this form in the presence of a Notary Public. Step 1 Write in the date of the deed. Step 2 Fill in the name of the person selling.

In Oklahoma, title to real property can be transferred from one party to another by executing a special warranty deed. A special warranty deed conveys an interest in real property to the named grantee with limited warranties of title.Generally, real property is owned in either sole ownership or in co-ownership.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

Limited Liability Company Form

Description Oklahoma Warranty Deed

General Warranty Deed Oklahoma Related forms

How to fill out Oklahoma Warranty Deed From Individual To LLC?

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Warranty Deed Oklahoma Form popularity

FAQ

Who prepares a warranty deed?

Who keeps original warranty deed?

Does a warranty deed prove ownership?

Who keeps the original deed?

What happens to the original warranty deed after it has been recorded?

How do I get a warranty deed in Oklahoma?

What is a special warranty deed in Oklahoma?

Does a warranty deed mean you own the property?

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Limited Liability Company Form

Description Oklahoma Warranty Deed

General Warranty Deed Oklahoma Related forms

Related legal definitions

How to fill out Oklahoma Warranty Deed From Individual To LLC?

Show more info

Trusted and secure by over 3 million people of the world’s leading companies