This form is a Special Warranty Deed where the Grantor is a limited liability company and the Grantee is a Trust. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
Elk Grove California Special Warranty Deed — Limited Liability Company to a Trust is a legal document that facilitates the transfer of property from an LLC (Limited Liability Company) to a trust. This type of deed provides certain protections and limited warranties to the grantee, thus ensuring a secure transaction. There are several variations of Elk Grove California Special Warranty Deed — Limited Liability Company to a Trust: 1. Irrevocable Trust Special Warranty Deed: This type of deed establishes an irrevocable trust, which means that once the property is transferred to the trust, it cannot be revoked or removed from the trust without the consent of the beneficiaries. 2. Revocable Trust Special Warranty Deed: This deed allows for a revocable trust to be created, enabling the granter to retain the power to revoke or modify the trust provisions during their lifetime. 3. Charitable Trust Special Warranty Deed: This special warranty deed is used when an LLC intends to transfer property to a charitable trust. It ensures that the property is used solely for charitable purposes as defined by applicable laws and regulations. 4. Asset Protection Trust Special Warranty Deed: This type of special warranty deed is designed to protect the property from potential creditors and legal claims. It places the property in an irrevocable trust, which shields it from being used to satisfy any outstanding debts or judgments against the granter. 5. Land Trust Special Warranty Deed: This deed is commonly used for holding real estate property and provides privacy and anonymity for the property owner. By transferring the property to a land trust, the beneficiary's identity is shielded from public records. Elk Grove California Special Warranty Deed — Limited Liability Company to a Trust ensures that the transfer of property between an LLC and a trust is conducted lawfully and safeguards the interests of both parties involved. It establishes the terms, conditions, and limitations of the transfer, protecting the trust from any undisclosed claims or encumbrances on the property.Elk Grove California Special Warranty Deed — Limited Liability Company to a Trust is a legal document that facilitates the transfer of property from an LLC (Limited Liability Company) to a trust. This type of deed provides certain protections and limited warranties to the grantee, thus ensuring a secure transaction. There are several variations of Elk Grove California Special Warranty Deed — Limited Liability Company to a Trust: 1. Irrevocable Trust Special Warranty Deed: This type of deed establishes an irrevocable trust, which means that once the property is transferred to the trust, it cannot be revoked or removed from the trust without the consent of the beneficiaries. 2. Revocable Trust Special Warranty Deed: This deed allows for a revocable trust to be created, enabling the granter to retain the power to revoke or modify the trust provisions during their lifetime. 3. Charitable Trust Special Warranty Deed: This special warranty deed is used when an LLC intends to transfer property to a charitable trust. It ensures that the property is used solely for charitable purposes as defined by applicable laws and regulations. 4. Asset Protection Trust Special Warranty Deed: This type of special warranty deed is designed to protect the property from potential creditors and legal claims. It places the property in an irrevocable trust, which shields it from being used to satisfy any outstanding debts or judgments against the granter. 5. Land Trust Special Warranty Deed: This deed is commonly used for holding real estate property and provides privacy and anonymity for the property owner. By transferring the property to a land trust, the beneficiary's identity is shielded from public records. Elk Grove California Special Warranty Deed — Limited Liability Company to a Trust ensures that the transfer of property between an LLC and a trust is conducted lawfully and safeguards the interests of both parties involved. It establishes the terms, conditions, and limitations of the transfer, protecting the trust from any undisclosed claims or encumbrances on the property.