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Arkansas Warranty Deed from Individual to LLC

Warranty Deed Arkansas

Name: Arkansas Warranty Deed from Individual to LLC
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.6 (313 reviews)

Category:

Arkansas Real Estate - Deeds - Warranty

State:

Arkansas

Control #:

AR-07-78

Format:

Instant download

Description

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.

LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate

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FAQ

Key Takeaways. A property deed is a legal document that transfers the ownership of real estate from a seller to a buyer.General warranty deeds give the grantee the most protection, special warranty deeds give the grantee more limited protection, and a quitclaim deed gives the grantee the least protection under the law

A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.

Both the warranty deed and deed of trust are recorded with the county clerk or recorder. Generally, the lender sends the documents to be recorded after the closing.The original warranty deeds are often mailed to the grantee after they are recorded.

Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

The Arkansas special warranty deed is a type of deed that only warrants that the seller has not conveyed his or her interest in the property to another, but does not warrant that he or she holds clear title to the property.

The Arkansas general warranty deed is a deed that allows a grantor (seller) to transfer his or her real property to a grantee (purchaser) in the State of Arkansas.Per State law, a warranty deed must contain the words grant, bargain and sell when stating how the property is being transferred.

In a Non-Warranty Deed, the seller gives no warranties.In a Non-Warranty or Quitclaim Deed, the seller merely is giving the buyer whatever rights, if any, that the seller has in the property and the seller makes no warranties of any nature about the seller's rights in the property.

A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects. Most property sales make use of a warranty deed.Our title agents can help.

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.

Warranty Deed Arkansas

Description

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

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FAQ

What is the difference between a property deed and a warranty deed?

What is the purpose of a warranty deed?

Is a warranty deed the same as a recorded deed?

Is a warranty deed the same as a deed?

What is a special warranty deed in Arkansas?

What is a warranty deed in Arkansas?

What is the difference between a warranty deed and a non warranty deed?

Is a warranty deed the same as a title?

Does a warranty deed mean you own the property?

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Warranty Deed Arkansas

Description

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

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