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.
A Cuyahoga Ohio Limited Warranty Deed — Husband and Wife to Individual is a legal document that transfers ownership of real estate property from a married couple (the granters) to an individual (the grantee) while providing certain limited warranties and guarantees. This type of deed ensures that the granters have legally obtained the property, have the authority to sell it, and that there are no undisclosed encumbrances or claims against it. The key components of the Cuyahoga Ohio Limited Warranty Deed — Husband and Wife to Individual include: 1. Identification of the parties: The deed clearly identifies the granters (husband and wife) and the grantee (individual) involved in the transaction. Their full names, addresses, and marital status are mentioned. 2. Property description: The deed provides a detailed description of the property being transferred, including its address, boundaries, and any specific legal descriptions or measurements. 3. Limited warranties: The granters provide certain limited warranties to the grantee. This means that they guarantee they have legal ownership of the property, have the authority to sell it, and that the property is free from undisclosed encumbrances (such as liens, mortgages, or easements) except for any specifically mentioned in the deed. 4. Consideration: The deed states the amount or value of consideration exchanged between the granters and the grantee for the transfer of the property. This can be in the form of monetary payment, property exchange, or any other agreed-upon consideration. 5. Signatures and notarization: The deed must be signed by both the granters and the grantee in the presence of a notary public. Notarization ensures the authenticity of the signatures and the validity of the deed. Different types of Cuyahoga Ohio Limited Warranty Deed — Husband and Wife to Individual may include variations based on specific transaction requirements or additional clauses agreed upon by the parties involved. Some possible types or variations may include: 1. Cuyahoga Ohio Limited Warranty Deed with Survivorship Rights: This type of deed includes a provision that ensures that if one spouse passes away, the ownership automatically transfers to the surviving spouse. 2. Cuyahoga Ohio Limited Warranty Deed with Life Estate: In this variation, the granters retain a life estate, allowing them to live on or use the property until their death or a specified period. After this, the ownership passes to the grantee. 3. Cuyahoga Ohio Limited Warranty Deed with Special Warranty: This type of deed provides limited warranties, specifically stating that the granters only warrant against any encumbrances or claims that have arisen during their period of ownership, not prior to it. In conclusion, a Cuyahoga Ohio Limited Warranty Deed — Husband and Wife to Individual is a legally binding document that facilitates the transfer of property ownership from a married couple to an individual, providing limited warranties and guarantees. The aforementioned variations cater to different situations and specific needs of the parties involved.A Cuyahoga Ohio Limited Warranty Deed — Husband and Wife to Individual is a legal document that transfers ownership of real estate property from a married couple (the granters) to an individual (the grantee) while providing certain limited warranties and guarantees. This type of deed ensures that the granters have legally obtained the property, have the authority to sell it, and that there are no undisclosed encumbrances or claims against it. The key components of the Cuyahoga Ohio Limited Warranty Deed — Husband and Wife to Individual include: 1. Identification of the parties: The deed clearly identifies the granters (husband and wife) and the grantee (individual) involved in the transaction. Their full names, addresses, and marital status are mentioned. 2. Property description: The deed provides a detailed description of the property being transferred, including its address, boundaries, and any specific legal descriptions or measurements. 3. Limited warranties: The granters provide certain limited warranties to the grantee. This means that they guarantee they have legal ownership of the property, have the authority to sell it, and that the property is free from undisclosed encumbrances (such as liens, mortgages, or easements) except for any specifically mentioned in the deed. 4. Consideration: The deed states the amount or value of consideration exchanged between the granters and the grantee for the transfer of the property. This can be in the form of monetary payment, property exchange, or any other agreed-upon consideration. 5. Signatures and notarization: The deed must be signed by both the granters and the grantee in the presence of a notary public. Notarization ensures the authenticity of the signatures and the validity of the deed. Different types of Cuyahoga Ohio Limited Warranty Deed — Husband and Wife to Individual may include variations based on specific transaction requirements or additional clauses agreed upon by the parties involved. Some possible types or variations may include: 1. Cuyahoga Ohio Limited Warranty Deed with Survivorship Rights: This type of deed includes a provision that ensures that if one spouse passes away, the ownership automatically transfers to the surviving spouse. 2. Cuyahoga Ohio Limited Warranty Deed with Life Estate: In this variation, the granters retain a life estate, allowing them to live on or use the property until their death or a specified period. After this, the ownership passes to the grantee. 3. Cuyahoga Ohio Limited Warranty Deed with Special Warranty: This type of deed provides limited warranties, specifically stating that the granters only warrant against any encumbrances or claims that have arisen during their period of ownership, not prior to it. In conclusion, a Cuyahoga Ohio Limited Warranty Deed — Husband and Wife to Individual is a legally binding document that facilitates the transfer of property ownership from a married couple to an individual, providing limited warranties and guarantees. The aforementioned variations cater to different situations and specific needs of the parties involved.
