Columbus Ohio General Warranty Deed - Limited Liability Company to an Individual

State:
Ohio
City:
Columbus
Control #:
OH-030-78
Format:
Word; 
Rich Text
Instant download

Description

This form is a General Warranty Deed where the Grantor is a limited liability company and the grantee is an individual. Grantor conveys and generally warrants the described property to the grantee. This deed complies with all state statutory laws.

Columbus Ohio General Warranty Deed — Limited Liability Company to an Individual is a legal document that transfers ownership of a property from a limited liability company (LLC) to an individual, ensuring that the buyer receives clear and marketable title with certain warranties and protections. A General Warranty Deed is one of the most common types of deeds used in real estate transactions, providing the highest level of protection to the buyer. It guarantees that the property is free from any encumbrances or defects in title, and the seller (LLC) warrants that they have full authority to sell the property. The deed also includes covenants such as the right to quiet enjoyment, meaning that the buyer will not be disturbed in their possession of the property. In Columbus, Ohio, there may be different variations of General Warranty Deed — Limited Liability Company to an Individual based on specific requirements or circumstances of the transaction. Some possible types include: 1. General Warranty Deed with Special Provisions: This type of deed may include additional provisions or conditions agreed upon by the LLC and the individual buyer. These provisions could cover specific terms of the transfer, such as financing arrangements or other contingencies. 2. General Warranty Deed — Conveyance of Mineral Rights: If the LLC also holds mineral rights to the property being sold, a separate clause may be included in the deed to transfer these rights to the individual buyer. This clause ensures that the buyer gains ownership of not only the property but also any associated mineral rights. 3. General Warranty Deed — Joint Tenancy with Right of Survivorship: In a situation where multiple individuals are purchasing a property together, this type of deed may be used. It grants joint ownership of the property to the buyers, with the provision that if one owner passes away, their share automatically transfers to the surviving owners. It is important to consult with a real estate attorney or professional familiar with Columbus, Ohio real estate laws to ensure the proper type of General Warranty Deed is used for the specific transaction and to address any unique circumstances that may arise.

Columbus Ohio General Warranty Deed — Limited Liability Company to an Individual is a legal document that transfers ownership of a property from a limited liability company (LLC) to an individual, ensuring that the buyer receives clear and marketable title with certain warranties and protections. A General Warranty Deed is one of the most common types of deeds used in real estate transactions, providing the highest level of protection to the buyer. It guarantees that the property is free from any encumbrances or defects in title, and the seller (LLC) warrants that they have full authority to sell the property. The deed also includes covenants such as the right to quiet enjoyment, meaning that the buyer will not be disturbed in their possession of the property. In Columbus, Ohio, there may be different variations of General Warranty Deed — Limited Liability Company to an Individual based on specific requirements or circumstances of the transaction. Some possible types include: 1. General Warranty Deed with Special Provisions: This type of deed may include additional provisions or conditions agreed upon by the LLC and the individual buyer. These provisions could cover specific terms of the transfer, such as financing arrangements or other contingencies. 2. General Warranty Deed — Conveyance of Mineral Rights: If the LLC also holds mineral rights to the property being sold, a separate clause may be included in the deed to transfer these rights to the individual buyer. This clause ensures that the buyer gains ownership of not only the property but also any associated mineral rights. 3. General Warranty Deed — Joint Tenancy with Right of Survivorship: In a situation where multiple individuals are purchasing a property together, this type of deed may be used. It grants joint ownership of the property to the buyers, with the provision that if one owner passes away, their share automatically transfers to the surviving owners. It is important to consult with a real estate attorney or professional familiar with Columbus, Ohio real estate laws to ensure the proper type of General Warranty Deed is used for the specific transaction and to address any unique circumstances that may arise.

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Columbus Ohio General Warranty Deed - Limited Liability Company to an Individual