There are two basic types of deeds: a warranty deed, which guarantees that the grantor owns title, and the quitclaim deed, which transfers only that interest in the real property which the grantor actually has. The only type of deed that creates "liability by reason of covenants of warranty" as to matters of record is a general warranty deed. A quit claim deed contains no warranties and the grantor does not have liability to the grantee for other recorded claims on the property. The grantee takes the property subject to existing taxes, assessments, liens, encumbrances, covenants, conditions, restrictions, rights of way and easements of record.
A Lansing Michigan Quitclaim Deed from Trustee and Former Trustee to New Trustees is a legal document used for the transfer of property ownership rights from a trustee and former trustee to new trustees. This type of deed is commonly used in trust arrangements, where a trustee holds the property on behalf of beneficiaries. In Lansing, Michigan, various types of Quitclaim Deeds from Trustee and Former Trustee to New Trustees can be found. One type is the Lansing Michigan Special Warranty Deed from Trustee and Former Trustee to New Trustees. This deed guarantees that only those claims occurring during the trustee's ownership will be resolved by the trustee. Hence, any preceding claims or issues may not be covered. Another type is the Lansing Michigan General Warranty Deed from Trustee and Former Trustee to New Trustees. This type of deed offers the broadest form of legal protection for the new trustees. It assures that the property is free from any defects, claims, or encumbrances, even those occurring before the trustee's ownership. The Lansing Michigan Quitclaim Deed from Trustee and Former Trustee to New Trustees is a crucial document in transferring property within a trust arrangement. It outlines the specifics of the transfer, such as the names of the former trustees and new trustees, a thorough legal description of the property, and any terms or conditions associated with the transfer. The deed must be executed and notarized by all parties involved, ensuring its validity. Keywords: Lansing Michigan, Quitclaim Deed, Trustee, Former Trustee, New Trustees, property ownership rights, trust arrangements, Special Warranty Deed, General Warranty Deed, transfer, legal document, beneficiaries, defect, claim, encumbrance, execution, notarization.A Lansing Michigan Quitclaim Deed from Trustee and Former Trustee to New Trustees is a legal document used for the transfer of property ownership rights from a trustee and former trustee to new trustees. This type of deed is commonly used in trust arrangements, where a trustee holds the property on behalf of beneficiaries. In Lansing, Michigan, various types of Quitclaim Deeds from Trustee and Former Trustee to New Trustees can be found. One type is the Lansing Michigan Special Warranty Deed from Trustee and Former Trustee to New Trustees. This deed guarantees that only those claims occurring during the trustee's ownership will be resolved by the trustee. Hence, any preceding claims or issues may not be covered. Another type is the Lansing Michigan General Warranty Deed from Trustee and Former Trustee to New Trustees. This type of deed offers the broadest form of legal protection for the new trustees. It assures that the property is free from any defects, claims, or encumbrances, even those occurring before the trustee's ownership. The Lansing Michigan Quitclaim Deed from Trustee and Former Trustee to New Trustees is a crucial document in transferring property within a trust arrangement. It outlines the specifics of the transfer, such as the names of the former trustees and new trustees, a thorough legal description of the property, and any terms or conditions associated with the transfer. The deed must be executed and notarized by all parties involved, ensuring its validity. Keywords: Lansing Michigan, Quitclaim Deed, Trustee, Former Trustee, New Trustees, property ownership rights, trust arrangements, Special Warranty Deed, General Warranty Deed, transfer, legal document, beneficiaries, defect, claim, encumbrance, execution, notarization.
