This Warranty Deed from Individual to LLC form is a Warranty Deed where the grantor is an individual and the grantee is a limited liability company. Grantor conveys and warrants the described property to grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
Oakland Michigan Warranty Deed from Individual to LLC is a legal document that transfers ownership of a property from an individual to a limited liability company (LLC) located in Oakland, Michigan. This deed provides a warranty, or guarantee, that the seller holds clear title to the property and has the right to transfer it to the LLC. Keywords: Oakland Michigan, warranty deed, individual, LLC, property ownership, clear title, transfer. There are various types of Oakland Michigan Warranty Deeds from Individual to LLC, including: 1. General Warranty Deed: This type of warranty deed guarantees the buyer (LLC) that the seller (individual) will defend the title against any claims or disputes arising from previous ownership or liens. 2. Special Warranty Deed: This type of warranty deed only guarantees the buyer (LLC) that the seller (individual) has not encumbered the property during their ownership, but does not cover any potential issues or claims that may have arisen before the individual acquired the property. 3. Quitclaim Deed: Although not technically a warranty deed, a quitclaim deed is sometimes used in Oakland, Michigan to transfer property from an individual to an LLC. It does not provide any warranties or guarantees, but simply transfers the seller's interest or claim to the property to the LLC. 4. Statutory Warranty Deed: This type of warranty deed provides statutory guarantees as defined by Michigan law. It ensures that the seller (individual) has the right to transfer the property and guarantees that there are no undisclosed liens or encumbrances. When drafting an Oakland Michigan Warranty Deed from Individual to LLC, it is crucial to include the legal description of the property, the names and addresses of both parties, the consideration (purchase price or other valuable consideration), and any specific terms or conditions agreed upon by both parties. It is recommended to consult with a qualified real estate attorney or relevant legal professionals in Oakland, Michigan to ensure compliance with local laws and regulations when preparing and executing a warranty deed of this nature.
