A Centennial Colorado Warranty Deed from Limited Partnership or LLC is a legal document that transfers ownership rights of real property from the granter, who may be a limited partnership or limited liability company (LLC), to the grantee. This deed ensures that the grantee receives a clear and marketable title to the property, free from any undisclosed encumbrances or defects. There are different types of Centennial Colorado Warranty Deed from Limited Partnership or LLC, namely: 1. General Warranty Deed: This type of deed provides the highest level of protection to the grantee. The granter guarantees that they have the right to convey the property, and they defend the grantee against any prior claims or issues that may arise. 2. Special Warranty Deed: Unlike a general warranty deed, a special warranty deed only guarantees that the granter has not caused any encumbrances or defects during their ownership. It does not protect the grantee from any prior claims or issues. 3. Quitclaim Deed: This type of deed is less common for limited partnerships or LCS as granters, but it can still be used. A quitclaim deed transfers the granter's interest in the property without making any warranties or guarantees about the title's validity or any potential encumbrances. In a Centennial Colorado Warranty Deed from Limited Partnership or LLC, the granter (the limited partnership or LLC) is the party transferring the ownership, while the grantee is the individual or entity receiving the title to the property. Both the granter and grantee must be correctly identified in the deed to ensure its validity. Acquiring a Centennial Colorado Warranty Deed from a Limited Partnership or LLC is crucial when buying or selling real estate in Centennial, Colorado. It offers protection to the grantee by providing a guarantee of ownership rights and ensuring a clear title.