This Warranty Deed from Individual to LLC form is a Warranty Deed where the grantor is an individual and the grantee is a limited liability company. Grantor conveys and warrants the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
A Fulton Georgia warranty deed from an individual to an LLC is a legal document that transfers ownership of real property from an individual to a limited liability company (LLC) located in Fulton County, Georgia. This type of transaction ensures that the LLC becomes the legal owner of the property, assuming all rights, responsibilities, and liabilities associated with it. Keywords: Fulton Georgia, warranty deed, individual, LLC, transfer of ownership, real property, limited liability company, legal document, rights, responsibilities, liabilities. Different types of Fulton Georgia warranty deeds from an individual to an LLC may include: 1. General Warranty Deed: A general warranty deed guarantees that the individual transferring the property is the rightful owner and has the legal right to convey it to the LLC. This type of deed also ensures that the property is free from any encumbrances or defects in title that may arise during the individual's ownership. 2. Special Warranty Deed: A special warranty deed offers a limited warranty to the LLC, stating that the individual transferring the property will defend the title against any claims arising only during their ownership. This means that the individual guarantees the property against any defects in title but does not assume responsibility for any claims or encumbrances that existed before or after their ownership. 3. Quitclaim Deed: A quitclaim deed is a simpler form of warranty deed. It does not provide any warranties or guarantees regarding the title. Instead, it transfers only whatever interest the individual has in the property to the LLC. This type of deed is commonly used when there is a pre-existing relationship and trust between the individual and the LLC, such as in family-owned properties or internal transfers within a company. It is important to consult with legal professionals familiar with Fulton Georgia real estate laws and deed requirements to choose the most appropriate type of warranty deed for transferring property from an individual to an LLC.
