Columbus Ohio General Warranty Deed from Individual to Individual

State:
Ohio
City:
Columbus
Control #:
OH-02-78
Format:
Word; 
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Description

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.

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  • Preview General Warranty Deed from Individual to Individual
  • Preview General Warranty Deed from Individual to Individual
  • Preview General Warranty Deed from Individual to Individual
  • Preview General Warranty Deed from Individual to Individual
  • Preview General Warranty Deed from Individual to Individual

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FAQ

How to Transfer a Deed in Ohio Go to the Deed Transfer Department to obtain a transfer form for a quit claim deed or warranty deed.Take the form, along with the person to whom the the property is being transferred, to a notary public.

An Ohio general warranty deed is a deed form under which the real estate's current owner?the grantor?transfers real estate to a new owner?the grantee?with complete warranty of title. 2. Warranty of title is a guaranty that the current owner owns the property free of any undisclosed title defects.

An attorney licensed to practice law in Ohio must prepare deeds, powers of attorney, and other instruments that are to be recorded. One exception is that a party to the transaction may prepare an instrument in which they are a party.

The Deed Transfer Department transfers the owner's name and address on the real estate tax list and duplicate. The department also collects the transfer tax/ conveyance fee ($4.00 per $1,000 of sale price) and the transfer fee ($. 50 per parcel).

When committing to a general warranty deed, the seller is promising there are no liens against the property, and if there were, the seller would compensate the buyer for those claims. Mainly for this reason, general warranty deeds are the most commonly used type of deed in real estate sales.

The conveyance fee consists of two parts. A statewide mandatory tax of 1 mill ($1 per $1,000 dollars of the value of property sold or transferred) applies in all 88 of Ohio's coun ties. In addition, counties may also impose a permissive real property transfer tax of up to 3 additional mills.

Introduction. A warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer).

To transfer title, you must deliver the executed and acknowledged deed to the grantee. This means that you must give up control over the deed during your lifetime and intend to transfer title to the grantee. To complete the transfer, the grantee must accept the delivered deed.

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A limited warranty deed transferring title and legal interest in Ohio real property from the grantor to the grantee with limited warranties. How do I Change a Warranty Deed?.Warranty deeds are legal instruments that transfer ownership and title of a property from one person to another. Facts in the premises' provided for in said section of the General Code. We've dug up ALL the dirt needed on land contracts. Transferring property deeds in Ohio from one person to another can be done fairly quickly with the help of a quit claim or warranty deed. Requirements Dower Rights (§ 2103. 02): Ohio is one of the few states that has retained "dower rights. Transferring property deeds in Ohio from one person to another can be done fairly quickly with the help of a quit claim or warranty deed. Ohio. 3.

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Columbus Ohio General Warranty Deed from Individual to Individual