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.
A Nassau New York Warranty Deed from Limited Liability Company to Corporation is a legally binding document that facilitates the transfer of property ownership rights from an LLC to a corporation based in Nassau County, New York. This type of deed ensures that the corporation receiving the property obtains clear ownership title and protection against any future claims. Keywords: Nassau New York, Warranty Deed, Limited Liability Company, Corporation, property ownership, transfer, ownership title, protection against claims. Different types of Nassau New York Warranty Deeds from a Limited Liability Company to a Corporation may include: 1. General Warranty Deed: This type of deed guarantees the highest level of protection for the corporation, as it ensures the LLC is liable for any title issues or claims that may arise before the transfer of the property. 2. Special Warranty Deed: Unlike the general warranty deed, this type of deed only provides protection against claims or title issues that arise during the period when the LLC owned the property. It does not cover any title defects from before the LLC acquired the property. 3. Quitclaim Deed: This type of deed is commonly used when transferring property within a related group of companies, such as an LLC and its subsidiary corporation. It transfers the LLC's interest in the property to the corporation without any guarantees or warranties regarding the property's title. Irrespective of the specific type, all Nassau New York Warranty Deeds from a Limited Liability Company to a Corporation typically include essential details such as the legal description of the property, the names and addresses of the LLC and the corporation involved, the purchase price (if applicable), and any conditions or restrictions associated with the transfer. It is crucial for both the LLC and the receiving corporation to consult legal professionals familiar with Nassau County's laws and regulations to ensure a smooth and legally compliant transfer of property ownership.A Nassau New York Warranty Deed from Limited Liability Company to Corporation is a legally binding document that facilitates the transfer of property ownership rights from an LLC to a corporation based in Nassau County, New York. This type of deed ensures that the corporation receiving the property obtains clear ownership title and protection against any future claims. Keywords: Nassau New York, Warranty Deed, Limited Liability Company, Corporation, property ownership, transfer, ownership title, protection against claims. Different types of Nassau New York Warranty Deeds from a Limited Liability Company to a Corporation may include: 1. General Warranty Deed: This type of deed guarantees the highest level of protection for the corporation, as it ensures the LLC is liable for any title issues or claims that may arise before the transfer of the property. 2. Special Warranty Deed: Unlike the general warranty deed, this type of deed only provides protection against claims or title issues that arise during the period when the LLC owned the property. It does not cover any title defects from before the LLC acquired the property. 3. Quitclaim Deed: This type of deed is commonly used when transferring property within a related group of companies, such as an LLC and its subsidiary corporation. It transfers the LLC's interest in the property to the corporation without any guarantees or warranties regarding the property's title. Irrespective of the specific type, all Nassau New York Warranty Deeds from a Limited Liability Company to a Corporation typically include essential details such as the legal description of the property, the names and addresses of the LLC and the corporation involved, the purchase price (if applicable), and any conditions or restrictions associated with the transfer. It is crucial for both the LLC and the receiving corporation to consult legal professionals familiar with Nassau County's laws and regulations to ensure a smooth and legally compliant transfer of property ownership.