This form is a Limited Warranty Deed, also known as a Special Warrant Deed, where the grantors are husband and wife and the grantee is an individual. Grantor conveys and specially warrants the described property to the grantee. This deed complies with all state statutory laws.
Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual refers to a legal document used in real estate transactions in Columbus, Ohio, where a married couple transfers their interest in a property to an individual buyer. This type of deed provides a limited warranty, which implies that the couple guarantees that they have legal ownership of the property and that it is free from any undisclosed encumbrances during their ownership. The use of the terms "Limited Warranty Deed" indicates the extent of the couple's warranty. Unlike a general warranty deed, which offers the most extensive protection to the buyer, the limited warranty deed only guarantees against claims that may arise during the couple's period of ownership. It does not cover any potential defects in title that may have existed before their ownership. This type of deed is commonly utilized in various circumstances, including when a couple wants to sell their jointly-owned property to an individual buyer. It ensures that the buyers can have a certain level of confidence in the property's title and minimizes potential risks for the new owner. Different types of Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual may include variations based on specific conditions or requirements. These can include: 1. Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual with Lien Release: This type of deed is used when the property has an existing lien, such as a mortgage, which needs to be released or satisfied before the transfer of ownership to the individual buyer. 2. Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual with Easement: This deed is employed when there is an existing easement on the property that needs to be transferred along with the ownership. 3. Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual with Restrictive Covenant: This type of deed includes additional restrictions or covenants that are agreed upon by the parties and are meant to regulate the future use or development of the property. It is crucial to consult with a qualified attorney or a real estate professional to ensure that the specific requirements are met and to obtain proper legal advice when dealing with a Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual. Additionally, it is recommended to conduct a thorough title search to identify any potential issues or encumbrances that may affect the property's ownership.Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual refers to a legal document used in real estate transactions in Columbus, Ohio, where a married couple transfers their interest in a property to an individual buyer. This type of deed provides a limited warranty, which implies that the couple guarantees that they have legal ownership of the property and that it is free from any undisclosed encumbrances during their ownership. The use of the terms "Limited Warranty Deed" indicates the extent of the couple's warranty. Unlike a general warranty deed, which offers the most extensive protection to the buyer, the limited warranty deed only guarantees against claims that may arise during the couple's period of ownership. It does not cover any potential defects in title that may have existed before their ownership. This type of deed is commonly utilized in various circumstances, including when a couple wants to sell their jointly-owned property to an individual buyer. It ensures that the buyers can have a certain level of confidence in the property's title and minimizes potential risks for the new owner. Different types of Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual may include variations based on specific conditions or requirements. These can include: 1. Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual with Lien Release: This type of deed is used when the property has an existing lien, such as a mortgage, which needs to be released or satisfied before the transfer of ownership to the individual buyer. 2. Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual with Easement: This deed is employed when there is an existing easement on the property that needs to be transferred along with the ownership. 3. Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual with Restrictive Covenant: This type of deed includes additional restrictions or covenants that are agreed upon by the parties and are meant to regulate the future use or development of the property. It is crucial to consult with a qualified attorney or a real estate professional to ensure that the specific requirements are met and to obtain proper legal advice when dealing with a Columbus Ohio Limited Warranty Deed — Husband and Wife to Individual. Additionally, it is recommended to conduct a thorough title search to identify any potential issues or encumbrances that may affect the property's ownership.