In Boston, Massachusetts, a Warranty Deed from a Limited Partnership or LLC refers to a legal document that serves as a means of transferring ownership or interest in real property. The term "Granter" is used to describe the entity or individual who is transferring the property, while the term "Grantee" refers to the entity or individual receiving the transferred property rights. A Warranty Deed ensures that the Granter guarantees the Grantee clear and marketable title to the property being transferred, free from any encumbrances or claims. This means that the Granter assumes responsibility for any potential legal issues or disputes arising from the property's title history. There may be different types of Boston Massachusetts Warranty Deeds depending on the specific circumstances of the transaction. These include: 1. General Warranty Deed: This type of deed provides the highest level of protection to the Grantee, as it offers warranties or promises from the Granter that they have sole ownership and control over the property being transferred. It guarantees that there are no undisclosed encumbrances, defects, or claims against the title. 2. Limited Warranty Deed: In a Limited Warranty Deed, the Granter only provides warranties against claims or encumbrances that may have occurred during their ownership of the property. This type of deed offers less protection to the Grantee compared to a General Warranty Deed. 3. Quitclaim Deed: Unlike General and Limited Warranty Deeds, a Quitclaim Deed does not provide any warranties or guarantees to the Grantee. It simply transfers whatever interest or rights the Granter has in the property, without promising that such rights are clear or free from any claims or defects. This type of deed is commonly used in situations where the Granter is uncertain about the property's title status or when transferring property between family members or within a divorce settlement. It is essential to consult with a real estate attorney or title professional when dealing with a Warranty Deed from a Limited Partnership or LLC in Boston, Massachusetts, to ensure a smooth and legally sound transfer of property rights.
Boston Massachusetts Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee
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