This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is a limited liability company. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
Springfield Missouri Special Warranty Deed is a legal document often used in real estate transactions to transfer ownership of a property from the seller to the buyer. This type of deed provides the buyer with certain limited warranties and protection regarding the title of the property. A Springfield Missouri Special Warranty Deed guarantees that the seller has legal authority to sell the property, and that during their ownership, no encumbrances or defects have been made on the title of the property. It assures the buyer that any issues arising from the previous owner's actions or negligence will be handled by the seller. There are different types of Springfield Missouri Special Warranty Deed that can be utilized based on specific circumstances: 1. Residential Special Warranty Deed: This type of deed is commonly used in residential real estate transactions in Springfield, Missouri, where the property being sold is a house or a single-family residence. 2. Commercial Special Warranty Deed: This deed is used in commercial real estate transactions, where the property being transferred is intended for business or commercial purposes, such as office buildings, retail spaces, or industrial properties. 3. Agricultural Special Warranty Deed: This type of special warranty deed is used when the property being transferred is primarily used for farming or agricultural activities, such as farmland, ranches, or orchards. It is important to note that a Springfield Missouri Special Warranty Deed differs from a General Warranty Deed. While a general warranty deed provides the buyer with a broader set of warranties and protection, a special warranty deed usually limits the warranties to those arising only during the seller's ownership. In summary, a Springfield Missouri Special Warranty Deed is a legal instrument used to transfer ownership of a property while providing limited warranties to the buyer regarding the title. Different types of special warranty deeds are available depending on the nature of the property, such as residential, commercial, or agricultural. It is crucial for both buyers and sellers to understand the specifics of these deeds to ensure a smooth and legally sound real estate transaction.
