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Virginia Warranty Deed from Individual to Limited Liability Company

State:
Virginia
Control #:
VA-024-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty or Grant Deed where the grantor is an individual and the grantee is a limited liability company. Grantor conveys and warrants the described property to the grantee. This deed complies with all state statutory laws.

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How to fill out Virginia Warranty Deed From Individual To Limited Liability Company?

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FAQ

Retrieve your original deed. Get the appropriate deed form. Draft the deed. Sign the deed before a notary. Record the deed with the county recorder. Obtain the new original deed.

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 Warranty Deeds In a Limited Warranty Deed, the seller usually gives two warranties. The seller only warrants to the buyer that: The seller personally has not done anything to the title that the seller received.

The only way to forcibly change the ownership status is through a legal action and the resultant court order. However, if an owner chooses to be removed from the deed, it is simply a matter of preparing a new deed transferring that owner's interest in the property.

In a Limited Warranty Deed, the seller usually gives two warranties. The seller only warrants to the buyer that:This is a very limited warranty in comparison to the broad warranty in a General Warranty Deed where the seller warrants that the seller not only owns the property, but also all rights in the property.

Locate the most recent deed to the property. Create the new deed. Sign and notarize the new deed. Record the deed in the land records of the clerk's office of the circuit court in the jurisdiction where the property is located.

The only way to change a recorded deed is to have a new deed prepared and recorded in the Clerk's Land Records Office. The deed on record cannot be changed. Once a document is recorded, it cannot be changed.

Locate the most recent deed to the property. Create the new deed. Sign and notarize the new deed. Record the deed in the land records of the clerk's office of the circuit court in the jurisdiction where the property is located.

A special warranty deed is a common form of conveyance in Virginia that is used to transfer title to real estate. Unless an exception is made in the deed, all appurtenances, buildings, and privileges belonging to the land being conveyed will be included in the conveyance (55.1-303).

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Virginia Warranty Deed from Individual to Limited Liability Company