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 warranty deed is a legal document used in real estate transactions to transfer ownership of a property from an individual to a limited liability company (LLC). In the case of Sandy Springs, Georgia, there are two primary types of warranty deeds commonly used for such transfers: general warranty deeds and special warranty deeds. 1. Sandy Springs Georgia General Warranty Deed from Individual to LLC: A general warranty deed provides the highest level of protection for the buyer (LLC) against any potential claims or defects on the title. It guarantees that the seller (individual) legally owns the property and has the right to transfer it. This type of deed includes six covenants: — Covenanbasinin: The seller guarantees that they have full legal ownership and possession of the property. — Covenant of right to convey: The seller guarantees that they have the authority to sell and transfer the property. — Covenant against encumbrances: The seller guarantees that there are no undisclosed encumbrances (e.g., mortgages, liens) on the property. — Covenant of quiet enjoyment: The seller guarantees that the buyer will undisturbed enjoy the property without any third-party claims. — Covenant of warranty: The seller guarantees to defend the buyer against any legal claims related to the property's title. — Covenant of further assurances: The seller promises to execute any additional documents required to guarantee the buyer's ownership rights. 2. Sandy Springs Georgia Special Warranty Deed from Individual to LLC: A special warranty deed, also known as a limited warranty deed, provides a more limited level of protection compared to the general warranty deed. It only guarantees that the seller (individual) has not caused any title defects during their ownership. This means that the seller is only responsible for claims arising from their actions and not any previous owners. The covenants included in a special warranty deed are typically the same as in a general warranty deed; however, they are limited to the seller's ownership period. Transferring property ownership from an individual to an LLC in Sandy Springs, Georgia, involves the preparation of a warranty deed, which must comply with the state's legal requirements. The deed needs to clearly identify the parties involved (individual and LLC), the property's legal description, and the type of warranty being conveyed (general or special). Additionally, a recorded warranty deed ensures the transaction is properly documented and becomes a matter of public record, providing evidence of the property's transfer.A warranty deed is a legal document used in real estate transactions to transfer ownership of a property from an individual to a limited liability company (LLC). In the case of Sandy Springs, Georgia, there are two primary types of warranty deeds commonly used for such transfers: general warranty deeds and special warranty deeds. 1. Sandy Springs Georgia General Warranty Deed from Individual to LLC: A general warranty deed provides the highest level of protection for the buyer (LLC) against any potential claims or defects on the title. It guarantees that the seller (individual) legally owns the property and has the right to transfer it. This type of deed includes six covenants: — Covenanbasinin: The seller guarantees that they have full legal ownership and possession of the property. — Covenant of right to convey: The seller guarantees that they have the authority to sell and transfer the property. — Covenant against encumbrances: The seller guarantees that there are no undisclosed encumbrances (e.g., mortgages, liens) on the property. — Covenant of quiet enjoyment: The seller guarantees that the buyer will undisturbed enjoy the property without any third-party claims. — Covenant of warranty: The seller guarantees to defend the buyer against any legal claims related to the property's title. — Covenant of further assurances: The seller promises to execute any additional documents required to guarantee the buyer's ownership rights. 2. Sandy Springs Georgia Special Warranty Deed from Individual to LLC: A special warranty deed, also known as a limited warranty deed, provides a more limited level of protection compared to the general warranty deed. It only guarantees that the seller (individual) has not caused any title defects during their ownership. This means that the seller is only responsible for claims arising from their actions and not any previous owners. The covenants included in a special warranty deed are typically the same as in a general warranty deed; however, they are limited to the seller's ownership period. Transferring property ownership from an individual to an LLC in Sandy Springs, Georgia, involves the preparation of a warranty deed, which must comply with the state's legal requirements. The deed needs to clearly identify the parties involved (individual and LLC), the property's legal description, and the type of warranty being conveyed (general or special). Additionally, a recorded warranty deed ensures the transaction is properly documented and becomes a matter of public record, providing evidence of the property's transfer.
