This form is a Warranty Deed where the Grantor is an LLC and the Grantees are Husband and Wife, or two Individuals. Grantor conveys and warrants the described property to the Grantees. This deed complies with all state statutory laws.
Lee's Summit, Missouri is a city located in Jackson County. A Warranty Deed is a legal document that transfers the ownership of real estate from one party to another. In the case of Lee's Summit, Missouri, a Warranty Deed from an LLC to a Husband and Wife or two individuals is a specific type of deed commonly used to transfer property ownership. This type of Warranty Deed ensures that the LLC, as the granter, warrants and guarantees to the Husband and Wife or two individuals, as the grantees, that they hold clear title to the property being transferred. It means that the LLC has the legal right to sell the property, and if any previous claims or liens arise against the property, the LLC is responsible for addressing them. There are a few different variations of Warranty Deeds from an LLC to Husband and Wife / Two Individuals that can be named: 1. General Warranty Deed: This type of deed guarantees the title is clear of any defects or claims, not only during the time the LLC owned the property but also before that. It provides the highest level of protection to the Husband and Wife or two individuals. 2. Special Warranty Deed: This type of deed only guarantees that the LLC, as the granter, has not caused any title defects during the time they owned the property. It does not cover any issues or claims that occurred prior to the LLC's ownership. 3. Quitclaim Deed: Unlike General or Special Warranty Deeds, a Quitclaim Deed does not provide any warranties or guarantees regarding the title. It transfers the LLC's interest in the property to the Husband and Wife or two individuals without any warranty of ownership. When completing a Lee's Summit Missouri Warranty Deed from an LLC to Husband and Wife / Two Individuals, it is crucial to follow the specific requirements and guidelines according to Missouri state laws. It is recommended to consult with a knowledgeable real estate attorney or title company to ensure all necessary legal steps are taken and the transfer of ownership is properly executed. Keywords: Lee's Summit, Missouri, Warranty Deed, LLC, Husband and Wife, Two Individuals, transfer of ownership, real estate, legal document, granter, grantees, clear title, property, claims, liens, defects, general warranty deed, special warranty deed, quitclaim deed, requirements, guidelines, state laws, real estate attorney, title company.
