This form is a Limited Warranty Deed where the grantor is an individual and the grantee is an individual.
Akron Ohio Limited Warranty Deed from Individual to Individual refers to a legal document that transfers ownership of real estate from one individual to another within the Akron, Ohio region. It guarantees that the seller, also known as the granter, holds valid title to the property and ensures the buyer, known as the grantee, against any potential claims to the property's title. This type of deed provides the grantee with certain assurances, primarily in the form of covenants or promises made by the granter. These covenants typically include the following: 1. Covenant of Basin: The granter guarantees that they are the rightful owner of the property and possess the legal authority to transfer it. 2. Covenant of Quiet Enjoyment: The grantee is assured that they will not face any disturbances or legal disputes regarding the property's ownership. 3. Covenant against Encumbrances: The granter promises that the property is free from any liens, mortgages, or other encumbrances, ensuring that the grantee receives clear and marketable title. 4. Covenant of Warranty Forever: This promises that the granter will defend the grantee's ownership rights against any future claims by third parties. It is worth mentioning that there are no specific subtypes of Akron Ohio Limited Warranty Deed from Individual to Individual. However, depending on the specific circumstances, additional provisions or conditions may be included to meet the requirements of the parties involved, such as contingencies, specific property descriptions, or agreed-upon repairs. In summary, the Akron Ohio Limited Warranty Deed from Individual to Individual is a legally binding document that guarantees the transfer of ownership rights to a property within the Akron, Ohio area. It offers the grantee protection against any potential title claims and assures a clear and marketable title. The inclusion of covenants provides additional security, ensuring that the grantee receives full ownership rights without any encumbrances.Akron Ohio Limited Warranty Deed from Individual to Individual refers to a legal document that transfers ownership of real estate from one individual to another within the Akron, Ohio region. It guarantees that the seller, also known as the granter, holds valid title to the property and ensures the buyer, known as the grantee, against any potential claims to the property's title. This type of deed provides the grantee with certain assurances, primarily in the form of covenants or promises made by the granter. These covenants typically include the following: 1. Covenant of Basin: The granter guarantees that they are the rightful owner of the property and possess the legal authority to transfer it. 2. Covenant of Quiet Enjoyment: The grantee is assured that they will not face any disturbances or legal disputes regarding the property's ownership. 3. Covenant against Encumbrances: The granter promises that the property is free from any liens, mortgages, or other encumbrances, ensuring that the grantee receives clear and marketable title. 4. Covenant of Warranty Forever: This promises that the granter will defend the grantee's ownership rights against any future claims by third parties. It is worth mentioning that there are no specific subtypes of Akron Ohio Limited Warranty Deed from Individual to Individual. However, depending on the specific circumstances, additional provisions or conditions may be included to meet the requirements of the parties involved, such as contingencies, specific property descriptions, or agreed-upon repairs. In summary, the Akron Ohio Limited Warranty Deed from Individual to Individual is a legally binding document that guarantees the transfer of ownership rights to a property within the Akron, Ohio area. It offers the grantee protection against any potential title claims and assures a clear and marketable title. The inclusion of covenants provides additional security, ensuring that the grantee receives full ownership rights without any encumbrances.
