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Kentucky Warranty Deed from Limited Partnership or LLC is the Grantor...

Louisville Kentucky Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee

Name: Louisville Kentucky Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee
Brand: US Legal Forms
Rating: 4.68 (410 reviews)

Category:

Kentucky Real Estate - Deeds - Warranty

State:

Kentucky

City:

Louisville

Control #:

KY-SDEED-7

Format:

Instant download

Description

This form is a Warranty Deed where the grantor and/or grantee could be a limited partnership or LLC.

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FAQ

Kentucky requires the person transferring property (the grantor) and the person receiving property (the grantee) to sign the deed. A deed from or to more than one person must be signed by all grantors and grantees. A deed involving an entity must be signed by a representative with legal power to act for the entity.

A Kentucky general warranty deed is used to transfer property from a seller (grantor) to a buyer (grantee) in Kentucky. A warranty deed provides a guarantee from the seller to the buyer that the property is clear of any title defects and that the seller has the legal authority to sell the property.

A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

12. Who benefits the most from recording a warranty deed? D. Explanation: The grantee is the one who has acquired an interest in the land, and she is the one who benefits the most from recording the deed to provide constructive (legal) notice of that interest.

A Minnesota limited warranty deed form splits the difference between a quitclaim deed and a warranty deed. The current owner guarantees a good, clear title, but the guarantee covers only title problems that occurred while the current owner held title.

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.

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.

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

B. The general warranty deed provides the buyer with the greatest protection. A bargain and sale deed carries no warranties against liens or other encumbrances, but assures that the grantor has the right to sell or convey the property.

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

More info

Louisville and Kentucky Bar Associations. REBECCA K. RAGLAND is a Member in the Louisville office of Frost Brown.1. Grantor: GLEN MEADOWS APARTMENTS LIMITED PARTNERSHIP, an Ohio limited partnership. Healthcare North Knoxville Medical Center. L.c.), LIMITED COMPANY (L.

Louisville Kentucky Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee

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