A warranty deed is a legal document used in the transfer of real estate property from an individual to a trust in Joliet, Illinois. This document guarantees that the granter (the individual) holds the title to the property and has the legal authority to transfer it to the trust. The warranty deed offers protection to the grantee (the trust) against any claims or liens that may arise against the property. There are two main types of Joliet Illinois warranty deeds from an individual to a trust: general warranty deed and special warranty deed. 1. General Warranty Deed: This type of deed provides the highest level of protection to the grantee. It assures the grantee that the property is free from any defects or claims, whether they occurred during the granter's ownership or before. The granter guarantees to defend the grantee against any future claims that may challenge the grantee's ownership of the property. Keywords: Joliet Illinois warranty deed, individual to a trust, transfer of real estate property, granter, grantee, legal document, protection, title, claims, liens, general warranty deed, defects, ownership, defend. 2. Special Warranty Deed: This warranty deed offers a more limited level of protection compared to the general warranty deed. The granter guarantees that they have not caused any defects or claims on the property during their ownership. However, this does not extend to any defects or claims that may have existed before the granter acquired the property. Therefore, the grantee is protected only from issues arising during the granter's ownership. Keywords: Joliet Illinois warranty deed, individual to a trust, transfer of real estate property, granter, grantee, legal document, protection, title, claims, liens, special warranty deed, defects, ownership. Both types of Joliet Illinois warranty deeds from an individual to a trust ensure a smooth transfer of property with legal protection. It is crucial to consult with a qualified real estate attorney or professional to ensure the deed is drafted correctly and meets all legal requirements in Illinois.
Joliet Trust
Category:
State:
Illinois
City:
Joliet
Control #:
IL-015-77
Format:
Word;
Rich Text
Instant download
Description
This form is a Warranty Deed where the grantor is an individual and the grantee is a trust. Grantor conveys and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A warranty deed is a legal document used in the transfer of real estate property from an individual to a trust in Joliet, Illinois. This document guarantees that the granter (the individual) holds the title to the property and has the legal authority to transfer it to the trust. The warranty deed offers protection to the grantee (the trust) against any claims or liens that may arise against the property. There are two main types of Joliet Illinois warranty deeds from an individual to a trust: general warranty deed and special warranty deed. 1. General Warranty Deed: This type of deed provides the highest level of protection to the grantee. It assures the grantee that the property is free from any defects or claims, whether they occurred during the granter's ownership or before. The granter guarantees to defend the grantee against any future claims that may challenge the grantee's ownership of the property. Keywords: Joliet Illinois warranty deed, individual to a trust, transfer of real estate property, granter, grantee, legal document, protection, title, claims, liens, general warranty deed, defects, ownership, defend. 2. Special Warranty Deed: This warranty deed offers a more limited level of protection compared to the general warranty deed. The granter guarantees that they have not caused any defects or claims on the property during their ownership. However, this does not extend to any defects or claims that may have existed before the granter acquired the property. Therefore, the grantee is protected only from issues arising during the granter's ownership. Keywords: Joliet Illinois warranty deed, individual to a trust, transfer of real estate property, granter, grantee, legal document, protection, title, claims, liens, special warranty deed, defects, ownership. Both types of Joliet Illinois warranty deeds from an individual to a trust ensure a smooth transfer of property with legal protection. It is crucial to consult with a qualified real estate attorney or professional to ensure the deed is drafted correctly and meets all legal requirements in Illinois.
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