This Warranty Deed from Husband and Wife to LLC form is a Warranty Deed where the grantors are husband and wife and the grantee is a limited liability company. Grantors convey and warrant the described property to grantee less oil, gas and minerals to which grantors reserve the right.
Tennessee Warranty Deed from Husband and Wife to LLC
Category:
State:
Tennessee
Control #:
TN-09-78
Format:
Word;
Rich Text
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How to fill out Tennessee Warranty Deed From Husband And Wife To LLC?
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FAQ
1Retrieve your original deed.2Get the appropriate deed form.3Draft the deed.4Sign the deed before a notary.5Record the deed with the county recorder.6Obtain the new original deed.
In order to transfer ownership of the marital home pursuant to a divorce, one spouse is going to need to sign a quitclaim deed, interspousal transfer deed, or a grant deed, in order to convey the title to the property.
In order to convey any real property or an interest in property in Tennessee, the deed must be in writing, acknowledged by the grantor, and registered in the county where the property is located. The Annotated Code of Tennessee allows for the transfer of real property through the usage of a variety of deeds.
1A Tennessee Quit Claim Deed may be filled out and filed with the Tennessee Register of Deeds of the same County the Property being transferred is in.2Laws § 66-5-103(2)3Recording (A§ 66-5-106) Submit the quit claim along with the filing fee to the Register's Office in your County.Free Tennessee Quit Claim Deed Form - PDF Word \n.com > deeds > tn > tennessee-quit-claim-deed-form
Quitclaim Deeds are used when the transfer of ownership in the property does not occur as the result of a traditional sale.Under a warranty deed, if it turns out that the property is not what the seller promised or there's an uncleared lien or other block to the title, the buyer can sue the seller and recover damages.
It will not protect against title issues that arose prior to the time the seller took occupancy. Consequently, it offers less protection to buyers, and more protection to sellers, than a general warranty deed, which is the most common option for selling or buying a property.
The Tennessee general warranty deed is a form that conveys real estate with a guarantee from a Seller to a Buyer that the title shall be free and clear of all liens and encumbrances (fee simple).
When recorded, a special warranty deed conveys an interest in real property to the named grantee with limited warranties of title. In Tennessee, special warranty deeds are statutory.This means that the deed will not protect the grantee against title issues that arose prior to the time the grantor acquired title.
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.