Louisville Kentucky Warranty Deed from Corporation to Individual

State:
Kentucky
City:
Louisville
Control #:
KY-011-78
Format:
Word; 
Rich Text
Instant download

Description

This Warranty Deed from Corporation to Individual form is a Warranty Deed where the Grantor is a corporation and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee 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.

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  • Preview Warranty Deed from Corporation to Individual
  • Preview Warranty Deed from Corporation to Individual
  • Preview Warranty Deed from Corporation to Individual

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FAQ

A general warranty deed is the most common type of warranty deed in the United States. It offers the highest level of protection to the buyer because it guarantees that there are absolutely no problems with the home ? even dating back to prior property owners.

A Kentucky special warranty deed is a legal document utilized to convey property from a seller to a buyer in Kentucky. A special warranty allows for a limited warranty as to the cleanness of the title.

Which of the following is TRUE regarding a special warranty deed? -The grantor's warranties are limited to the time the grantor owned the property.

All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registry's AP1 form, and if the value of the transaction amounts to more than £40,000, then a stamp duty land tax certificate may also be required.

Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.

A Kentucky quitclaim deed form transfers the owner's entire interest as of the date of the deed. The new owner receives whatever interest the current owner can legally transfer. The current owner, though, does not promise the new owner a clear title or undisputed ownership of the property.

A special warranty deed provides assurance that the property's seller owns the property in question and has not faced any title issues during this ownership. A special warranty deed guarantees that the buyer won't face any legal action or title issues as a result of the actions of the property's previous owner.

The transfer tax rate is $0.50 per $500.00 of the property's value. Value is the full actual consideration paid for the property or?if the deed transfers real estate as a gift?the fair price a buyer would pay for the property in an arms-length sale.

Either (1) a sworn, notarized certificate signed by the grantor or his agent and the grantee or his agent, that the consideration reflected in the deed is the full consideration paid for the property, or (2) a sworn, notarized certificate signed by the grantor or his agent and the grantee or his agent, stating that the

A deed must be recorded with the county recorder's office to effectively transfer property. The deed must contain the name of the first party, also called the seller or grantor, and their mailing address. It must also contain the name of the second party, the buyer or grantee, and their mailing address.

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Louisville Kentucky Warranty Deed from Corporation to Individual