This form is a Limited Warranty Deed where the grantor is an individual and the grantee is an individual.
A Cuyahoga Ohio Limited Warranty Deed from Individual to Individual is a legally binding document that transfers ownership of real property from one individual to another in Cuyahoga County, Ohio. This type of deed provides certain assurances, rights, and protections to the grantee (the buyer) in relation to the title of the property. The limited warranty deed guarantees that the granter (the seller) holds clear title to the property and has the authority to sell it. It further assures the grantee that during the granter's ownership, the property has not incurred any undisclosed encumbrances, liens, or claims that would jeopardize the grantee's ownership rights. However, unlike a general warranty deed, the limited warranty deed only guarantees against any defects or claims arising during the granter's ownership, not before. In Cuyahoga County, Ohio, there are several variations of the limited warranty deed: 1. Cuyahoga Ohio Limited Warranty Deed with Encumbrances: This type of deed is used when there are known encumbrances on the property, such as mortgages, easements, or restrictions. The granter provides a limited warranty against any defects in title arising from these specific encumbrances. 2. Cuyahoga Ohio Limited Warranty Deed without Encumbrances: In this case, the granter assures the grantee that there are no known encumbrances on the property apart from those specifically disclosed in the deed. 3. Cuyahoga Ohio Limited Warranty Deed for Property Sold "As Is": This variation is used when the granter is selling the property in its current condition without providing any warranties or representations about its condition. The limited warranty still pertains to the title and encumbrances, but it does not extend to any physical or structural aspects of the property. When executing a Cuyahoga Ohio Limited Warranty Deed from Individual to Individual, it is crucial to consult with a qualified real estate attorney to ensure compliance with Ohio state laws and understanding the specific terms and conditions of the deed.A Cuyahoga Ohio Limited Warranty Deed from Individual to Individual is a legally binding document that transfers ownership of real property from one individual to another in Cuyahoga County, Ohio. This type of deed provides certain assurances, rights, and protections to the grantee (the buyer) in relation to the title of the property. The limited warranty deed guarantees that the granter (the seller) holds clear title to the property and has the authority to sell it. It further assures the grantee that during the granter's ownership, the property has not incurred any undisclosed encumbrances, liens, or claims that would jeopardize the grantee's ownership rights. However, unlike a general warranty deed, the limited warranty deed only guarantees against any defects or claims arising during the granter's ownership, not before. In Cuyahoga County, Ohio, there are several variations of the limited warranty deed: 1. Cuyahoga Ohio Limited Warranty Deed with Encumbrances: This type of deed is used when there are known encumbrances on the property, such as mortgages, easements, or restrictions. The granter provides a limited warranty against any defects in title arising from these specific encumbrances. 2. Cuyahoga Ohio Limited Warranty Deed without Encumbrances: In this case, the granter assures the grantee that there are no known encumbrances on the property apart from those specifically disclosed in the deed. 3. Cuyahoga Ohio Limited Warranty Deed for Property Sold "As Is": This variation is used when the granter is selling the property in its current condition without providing any warranties or representations about its condition. The limited warranty still pertains to the title and encumbrances, but it does not extend to any physical or structural aspects of the property. When executing a Cuyahoga Ohio Limited Warranty Deed from Individual to Individual, it is crucial to consult with a qualified real estate attorney to ensure compliance with Ohio state laws and understanding the specific terms and conditions of the deed.