In Queens, New York, a warranty deed is a legal document used to transfer ownership of real property from a limited partnership or limited liability company (LLC) to another party. This type of deed provides certain assurances and promises regarding the property's title and the granter's ownership rights, protecting the buyer (grantee) against any future claims or disputes. When a limited partnership or LLC serves as the granter in a Queens, New York warranty deed, it signifies that the ownership of the property is being transferred from the entity to the grantee. The granter, as mentioned, can either be a limited partnership or an LLC, depending on the legal structure through which the property is owned. Different types of Queens New York warranty deeds involving limited partnerships or LCS may include: 1. General Warranty Deed from Limited Partnership as Granter: This type of deed guarantees that the limited partnership is conveying the property with a clear and marketable title, free from any encumbrances or defects. It assures the grantee of absolute protection against claims arising from the granter's ownership. 2. Special Warranty Deed from LLC as Granter: In this case, the LLC serving as the granter promises to defend the property's title only against claims arising during the time that the LLC owned the property. It does not provide protection for prior claims that may have existed before the LLC acquired the property. 3. Quitclaim Deed from Limited Partnership or LLC as Granter: This type of deed is different from a warranty deed as it transfers the interest or rights the limited partnership or LLC has in the property without guaranteeing or warranting the title. The grantee receives only the interest that the granter possesses, and any potential issues with the title become the grantee's responsibility. Regardless of the specific type of warranty deed, it is crucial for both the granter and grantee to understand the terms and obligations outlined in the document. Seeking legal advice is recommended to ensure a smooth and legally sound transfer of ownership. Keywords: Queens, New York, warranty deed, limited partnership, LLC, granter, grantee, ownership, transfer, title, property, legal document, limited partnership warranty deed, LLC warranty deed, general warranty deed, special warranty deed, quitclaim deed.
Queens New York Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee
Description
How to fill out Queens New York Warranty Deed From Limited Partnership Or LLC Is The Grantor, Or Grantee?
Are you looking for a trustworthy and inexpensive legal forms provider to buy the Queens New York Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee? US Legal Forms is your go-to option.
No matter if you require a basic arrangement to set rules for cohabitating with your partner or a package of documents to advance your separation or divorce through the court, we got you covered. Our platform offers more than 85,000 up-to-date legal document templates for personal and company use. All templates that we offer aren’t generic and framed based on the requirements of particular state and county.
To download the form, you need to log in account, locate the required form, and hit the Download button next to it. Please remember that you can download your previously purchased document templates at any time in the My Forms tab.
Is the first time you visit our platform? No worries. You can set up an account in minutes, but before that, make sure to do the following:
- Check if the Queens New York Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee conforms to the regulations of your state and local area.
- Read the form’s details (if available) to find out who and what the form is intended for.
- Restart the search in case the form isn’t suitable for your legal situation.
Now you can register your account. Then choose the subscription option and proceed to payment. Once the payment is done, download the Queens New York Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee in any available file format. You can get back to the website when you need and redownload the form free of charge.
Getting up-to-date legal documents has never been easier. Give US Legal Forms a go now, and forget about spending hours learning about legal papers online for good.