A Manchester New Hampshire warranty deed from a limited partnership or LLC, as the granter or grantee, is a legal document used to transfer ownership of real estate property while ensuring that the grantee receives a guarantee of a clear and marketable title. This type of deed provides added protection to the grantee, as it includes specific warranties by the granter regarding the property. In Manchester, New Hampshire, there may be various types of warranty deeds from a limited partnership or LLC as the granter or grantee, including: 1. General Warranty Deed: A general warranty deed offers the highest level of protection to the grantee. The granter guarantees the marketability and clear title of the property, and promises to defend the grantee against any future claims related to the title. 2. Special Warranty Deed: A special warranty deed also provides protections to the grantee, but only for the duration of the granter's ownership of the property. The granter guarantees a clear title for the time they held the property, but does not assume responsibility for any title issues that existed prior to their ownership. 3. Quitclaim Deed: While not a type of warranty deed, a quitclaim deed is also relevant in Manchester, New Hampshire, especially when a limited partnership or LLC is involved. This deed does not guarantee a clear title, but rather transfers the interest or claim the granter has in the property to the grantee. It is often used in situations where the granter is unsure about the condition of the title or claims no interest in the property beyond what they already hold. When a limited partnership or LLC is the granter, it typically means that the property is being transferred from the entity to an individual or another entity. On the other hand, if the limited partnership or LLC is the grantee, it implies the acquisition of the property by the entity. In conclusion, a Manchester New Hampshire warranty deed from a limited partnership or LLC, whether as the granter or grantee, signifies the transfer of property ownership with specific warranties. The type of warranty deed varies, including general warranty deeds, special warranty deeds, and quitclaim deeds, each providing different levels of protection and guarantees.
Manchester New Hampshire Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee
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