The Elizabeth New Jersey Special Warranty Deed for Limited Liability Company (LLC) to Individual is a legal document used for transferring real estate ownership from an LLC to an individual. This deed provides a limited warranty that protects the buyer's interest in the property against claims made during the LLC's ownership period. In Elizabeth, New Jersey, there are two main types of Special Warranty Deeds for Limited Liability Company (LLC) to Individual: 1. General Special Warranty Deed: This type of Special Warranty Deed transfers ownership of a property from an LLC to an individual while providing limited warranties. It guarantees that the LLC has not encumbered the property during its ownership period, except for any encumbrances mentioned in the deed. The individual receiving the property holds the title with certain protections against any undisclosed claims or defects in the property's title. 2. Special Warranty Deed with Additional Covenants: This variation of the Special Warranty Deed includes additional covenants or promises made by the LLC to the individual. These extra covenants may assure the individual that the LLC will defend the title against any claims arising prior to its ownership, maintain the property in good condition, and pay all outstanding taxes or liens attached to the property. Keywords: Elizabeth, New Jersey, special warranty deed, limited liability company, LLC, individual, real estate ownership, legal document, transferring ownership, limited warranty, guarantees, encumbered, encumbrances, protections, undisclosed claims, defects, title, specific covenants, promises, defend title, maintain property, outstanding taxes, liens.
Elizabeth New Jersey Special Warranty Deed for Limited Liability Company LLC to Individual
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How to fill out Elizabeth New Jersey Special Warranty Deed For Limited Liability Company LLC To Individual?
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