This form is a Warranty Deed where the Grantor is a business entity such as a corporation or limited liability company and the Grantee is an Individual. Grantor conveys and warrants the described property to Grantee. This deed complies with all state statutory laws.
Evansville Indiana Warranty Deed — Business EntitGranteror by Attorney-in-Fact to Individual Grantee is a legal document that transfers ownership of property from a business entity to an individual. This type of warranty deed ensures that the property being transferred is free from any encumbrances and guarantees that the granter has the legal authority to transfer the property on behalf of the business entity. In Evansville, Indiana, there are various types of warranty deeds that can be used for transferring property ownership from a business entity to an individual grantee. Some common types include: 1. General Warranty Deed: This type of deed guarantees that the granter holds clear and marketable title to the property and will defend the title against any claims. It provides the highest level of protection to the grantee. 2. Special Warranty Deed: This deed only warrants the title against claims arising during the time the granter owned the property. It offers limited protection compared to a general warranty deed. 3. Quitclaim Deed: This deed transfers the granter's interest in the property to the grantee without making any warranties or guarantees about the title. It is often used when the granter is unsure about the status of the property's title. When preparing an Evansville Indiana Warranty Deed — Business EntitGranteror by Attorney-in-Fact to Individual Grantee, it is crucial to consult an attorney to ensure compliance with state laws and to address any specific requirements related to the transaction. It's important to note that each type of warranty deed offers different levels of protection to the grantee against potential title defects. Therefore, it is advisable for both the granter and grantee to thoroughly review the terms and conditions stated in the warranty deed before executing the transfer of property ownership.
