This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
A Columbus Ohio General Warranty Deed from Individual to Individual is a legal document that facilitates the transfer of real property ownership from one individual to another in the city of Columbus, Ohio. This type of deed provides certain assurances and guarantees to the buyer regarding the quality and validity of the property's title. The General Warranty Deed provides the buyer with the highest form of protection as it guarantees the property's clear title and protection against any claims or encumbrances made by previous owners or third parties. In other words, the seller guarantees that there are no hidden debts, liens, or legal issues related to the property, except for those explicitly mentioned in the deed. The key elements that should be included in the Columbus Ohio General Warranty Deed from Individual to Individual are: 1. Names and contact information: The names and addresses of both the seller (granter) and the buyer (grantee) should be clearly stated in the deed. 2. Description of the property: The deed must contain an accurate description of the property being transferred, which typically includes its address, lot number, and any other relevant information that can identify it uniquely. 3. Consideration: The deed should mention the agreed-upon purchase price or any other form of consideration exchanged between the parties. 4. Granting clause: This clause explicitly states the granter's intention to transfer the property's ownership to the grantee, indicating that the granter possesses the legal right to do so. 5. Covenants: The deed should include several covenants that provide warranties to the grantee. These covenants typically include the following: a. Covenant of basin: This assures the grantee that the seller possesses the lawful right to convey the property. b. Covenant of right to convey: It guarantees that the granter has the legal authority to transfer the property. c. Covenant against encumbrances: The granter assures the grantee that the property is being transferred free from any encumbrances, claims, or liens, except those mentioned explicitly in the deed. d. Covenant of quiet enjoyment: This ensures that the grantee will have the undisturbed possession and use of the property without any interference. e. Covenant of warranty: The granter guarantees to defend the grantee against any claims or challenges related to the property that may arise in the future. 6. Execution and acknowledgement: The deed must be signed by the granter in the presence of a notary public, who will acknowledge the granter's signature. This ensures the deed's validity. Different variations or types of Columbus Ohio General Warranty Deeds from Individual to Individual may exist depending on specific circumstances or additional provisions to be included. These may include: 1. Special Warranty Deed: This type of deed offers a limited warranty to the grantee, usually only covering issues or claims arising during the granter's ownership of the property, rather than guaranteeing the entire chain of title. 2. Quitclaim Deed: A quitclaim deed is often used when there is no monetary consideration involved in the transfer or when the granter is uncertain about the quality of the property's title. It transfers whatever interest the granter may have without providing any warranties. It is worth noting that while this information provides a general understanding of a Columbus Ohio General Warranty Deed from Individual to Individual, it is crucial to consult with a qualified attorney or real estate professional for specific guidance tailored to individual circumstances.
