This form is a Limited Warranty Deed where the grantors are husband and wife
Title: Understanding the Akron Ohio Limited Warranty Deed from Husband and Wife to an Individual keyword: Akron Ohio Limited Warranty Deed, Husband and Wife, Individual, Types Description: The Akron Ohio Limited Warranty Deed from Husband and Wife to an Individual is a crucial legal document outlining the transfer of real estate property rights from a married couple to an individual. This deed provides a limited warranty, ensuring that the granters (the couple) possess the lawful authority to sell the property and that they will defend the grantee (the individual) against any prior claims. There are several types of Akron Ohio Limited Warranty Deeds from Husband and Wife to an Individual, including: 1. Traditional Limited Warranty Deed: This is the most common type of deed used in Akron, Ohio. It guarantees that the granters have not allowed any encumbrances or liens on the property during their ownership, except those specifically mentioned in the deed. 2. Deed with Special Covenants: In addition to the guarantees of a traditional limited warranty deed, this type of deed includes special covenants that ensure the granters will defend the grantee against any claims arising from defects prior to their ownership. These special covenants typically cover claims related to title defects and encumbrances. 3. Deed Subject to Conditions: Sometimes, a limited warranty deed may include specific conditions that must be met for the transfer of the property to occur. These conditions could be related to the payment of outstanding liens or the fulfillment of certain obligations by the grantee or granters. 4. Quitclaim Deed: Though not technically a limited warranty deed, a quitclaim deed can be used when the granters only wish to transfer their interest in the property without providing any warranties or guarantees. It is important for the individual receiving the property to understand the lack of assurances that come with a quitclaim deed. When engaging in a transaction involving the Akron Ohio Limited Warranty Deed from Husband and Wife to an Individual, it is crucial to consult with a qualified real estate attorney to ensure compliance with state laws and to clarify any specific circumstances related to the transfer.Title: Understanding the Akron Ohio Limited Warranty Deed from Husband and Wife to an Individual keyword: Akron Ohio Limited Warranty Deed, Husband and Wife, Individual, Types Description: The Akron Ohio Limited Warranty Deed from Husband and Wife to an Individual is a crucial legal document outlining the transfer of real estate property rights from a married couple to an individual. This deed provides a limited warranty, ensuring that the granters (the couple) possess the lawful authority to sell the property and that they will defend the grantee (the individual) against any prior claims. There are several types of Akron Ohio Limited Warranty Deeds from Husband and Wife to an Individual, including: 1. Traditional Limited Warranty Deed: This is the most common type of deed used in Akron, Ohio. It guarantees that the granters have not allowed any encumbrances or liens on the property during their ownership, except those specifically mentioned in the deed. 2. Deed with Special Covenants: In addition to the guarantees of a traditional limited warranty deed, this type of deed includes special covenants that ensure the granters will defend the grantee against any claims arising from defects prior to their ownership. These special covenants typically cover claims related to title defects and encumbrances. 3. Deed Subject to Conditions: Sometimes, a limited warranty deed may include specific conditions that must be met for the transfer of the property to occur. These conditions could be related to the payment of outstanding liens or the fulfillment of certain obligations by the grantee or granters. 4. Quitclaim Deed: Though not technically a limited warranty deed, a quitclaim deed can be used when the granters only wish to transfer their interest in the property without providing any warranties or guarantees. It is important for the individual receiving the property to understand the lack of assurances that come with a quitclaim deed. When engaging in a transaction involving the Akron Ohio Limited Warranty Deed from Husband and Wife to an Individual, it is crucial to consult with a qualified real estate attorney to ensure compliance with state laws and to clarify any specific circumstances related to the transfer.