This form is a Warranty Deed where the Grantor is a limited liaibilty company and the Grantee is a corporation. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
The Kings New York Warranty Deed from Limited Liability Company to Corporation is a legal document used to transfer property ownership rights from an LLC to a corporation in Kings County, New York. This type of deed provides a guarantee that the property being transferred is free from any claims or encumbrances, ensuring clear title to the corporation. Keywords: Kings New York Warranty Deed, Limited Liability Company, Corporation, property ownership rights, transfer of ownership, guarantee, claims, encumbrances, clear title, Kings County. There are different types of Kings New York Warranty Deed from Limited Liability Company to Corporation, including: 1. Statutory Warranty Deed: This type of deed guarantees that the LLC has full authority to transfer the property and guarantees clear title to the corporation. It typically includes a statement of boundaries, legal descriptions, and any encumbrances or restrictions on the property. 2. Quitclaim Deed: In this type of deed, the LLC transfers any interest it may have in the property to the corporation without making any warranties or guarantees. It is generally used when the LLC is unsure of the property's title or when the transfer is between related entities. 3. Special Warranty Deed: This type of deed guarantees that the LLC has not done anything to impair the title to the property during the time it owned it. It protects the corporation against any claims or encumbrances that may have arisen during the LLC's ownership, but it does not provide guarantees for any previous defects in the title. 4. Bargain and Sale Deed: This type of deed implies that the LLC has the right to transfer the property but does not provide any warranties or guarantees. It simply conveys the LLC's interest in the property to the corporation. In all cases, the Kings New York Warranty Deed from Limited Liability Company to Corporation ensures the legal transfer of property ownership rights while protecting the corporation from any potential claims or encumbrances on the property. It is essential to consult with legal professionals familiar with New York state laws and regulations to ensure accurate preparation and execution of the deed.
