This form is a Limited Warranty Deed where the Grantor is an L.L.C. and the Grantee is an Individual. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
Minnesota Limited Warranty Deed from a Limited Liability Company to an Individual
Category:
State:
Minnesota
Control #:
MN-027-78
Format:
Word;
Rich Text
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FAQ
The Georgia limited warranty deed provides a method of transferring property from one person to another in Georgia. Rather than providing a full warranty on the transfer, it provides a limited warranty whereby the seller (or grantor) agrees to defend the buyer (or grantee) against any claims made through the seller.
While a general warranty deed guarantees against all encumbrances and claims to title, a limited warranty deed protects only against claims made after the seller obtained title to the property. A limited warranty deed therefore makes no guarantees about anything that occurred before the seller owned the property.
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.
A special warranty deed to real estate offers protection to the buyer through the seller's guarantee that the title has been free and clear of encumbrances during their ownership of the property. It does not guarantee clear title beyond their ownership.