A Thornton Colorado Warranty Deed from a Limited Partnership or LLC as the Granter or Grantee is a legal document used to transfer ownership of real property located in Thornton, Colorado. This type of deed provides certain assurances and protections to the party receiving the property, known as the Grantee, by guaranteeing that the Granter (the Limited Partnership or LLC) has clear and marketable title to the property. The Limited Partnership or LLC, as the Granter, is a business entity that holds an interest in the property and is authorized to convey that interest to another party. The Granter is responsible for executing the warranty deed and ensuring that all necessary legal requirements are met for a valid transfer of ownership. There are different types of Thornton Colorado Warranty Deeds from Limited Partnership or LLC as the Granter or Grantee, which include: 1. General Warranty Deed: This type of deed offers the highest level of protection to the Grantee. The Granter guarantees that they have clear title to the property, free from any encumbrances or defects, and will defend the Grantee against any claims that may arise. 2. Special Warranty Deed: In this type of deed, the Granter provides a limited warranty to the Grantee. The Granter guarantees that they have not caused any defects in title during the time they have owned the property but does not cover any defects or encumbrances that may have existed prior to their ownership. 3. Quitclaim Deed: This deed transfers whatever interest the Granter may have in the property to the Grantee, without making any guarantees regarding the validity or quality of the title. It is the least secure type of deed, as the Granter does not guarantee that they have any ownership interest or that the property is free from liens or other claims. When a Limited Partnership or LLC is the Grantee in a Thornton Colorado Warranty Deed, it means that the entity is the recipient of the property transfer. This could occur when an individual or another business entity conveys ownership of real property to the Limited Partnership or LLC. In summary, a Thornton Colorado Warranty Deed from a Limited Partnership or LLC as the Granter or Grantee is a legal document that facilitates the transfer of property ownership, with different types of warranty deeds offering varying levels of protection and guarantees.