Grantors are two individuals and the Grantee is a limited liability company. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
Akron Ohio General Warranty Deed is a legal document that transfers ownership of real estate property from two individuals to a Limited Liability Company (LLC). This type of deed provides a guarantee that the property is free from any defects in title and that the granters (the two individuals) have the legal authority to transfer ownership. This transfer of ownership occurs when the granters, also known as the "granters of the deed," convey their interest in the property to the LLC, also known as the "grantee." The deed ensures that the granters have the right to sell the property and that they will defend the title against any claims or encumbrances. Keywords: Akron Ohio, General Warranty Deed, Individuals, LLC, ownership, real estate property, defects in title, granters, granters of the deed, transfer of ownership, guarantee, legal authority, convey, interest, property, grantee, defend the title, claims, encumbrances. Different types of Akron Ohio General Warranty Deeds from two Individuals to LLC can include: 1. Full Warranty Deed: This type of deed offers the highest level of protection for the grantee as it guarantees that the title is free of any defects, even if they occurred before the granters' ownership. It provides a comprehensive warranty and protects the grantee from any future claims or disputes. 2. Limited Warranty Deed: This type of deed provides a warranty only for the period during which the granters owned the property. It guarantees that there have been no defects in title during their ownership, but it does not extend to any previous owners. The grantee is protected against any claims that may arise during the granters' ownership. 3. Quitclaim Deed: Although not a general warranty deed, a quitclaim deed is also commonly used to transfer ownership from two individuals to an LLC in Akron, Ohio. This type of deed does not provide any warranty or guarantee regarding the title. It simply transfers whatever interest the granters have in the property to the grantee. A quitclaim deed is typically used in situations where the granters do not wish to provide any promises or guarantees about the property's title. Therefore, when considering a General Warranty Deed from two Individuals to LLC in Akron, Ohio, it is essential to understand the specific type of deed being used to ensure the desired level of protection for the grantee and the property.Akron Ohio General Warranty Deed is a legal document that transfers ownership of real estate property from two individuals to a Limited Liability Company (LLC). This type of deed provides a guarantee that the property is free from any defects in title and that the granters (the two individuals) have the legal authority to transfer ownership. This transfer of ownership occurs when the granters, also known as the "granters of the deed," convey their interest in the property to the LLC, also known as the "grantee." The deed ensures that the granters have the right to sell the property and that they will defend the title against any claims or encumbrances. Keywords: Akron Ohio, General Warranty Deed, Individuals, LLC, ownership, real estate property, defects in title, granters, granters of the deed, transfer of ownership, guarantee, legal authority, convey, interest, property, grantee, defend the title, claims, encumbrances. Different types of Akron Ohio General Warranty Deeds from two Individuals to LLC can include: 1. Full Warranty Deed: This type of deed offers the highest level of protection for the grantee as it guarantees that the title is free of any defects, even if they occurred before the granters' ownership. It provides a comprehensive warranty and protects the grantee from any future claims or disputes. 2. Limited Warranty Deed: This type of deed provides a warranty only for the period during which the granters owned the property. It guarantees that there have been no defects in title during their ownership, but it does not extend to any previous owners. The grantee is protected against any claims that may arise during the granters' ownership. 3. Quitclaim Deed: Although not a general warranty deed, a quitclaim deed is also commonly used to transfer ownership from two individuals to an LLC in Akron, Ohio. This type of deed does not provide any warranty or guarantee regarding the title. It simply transfers whatever interest the granters have in the property to the grantee. A quitclaim deed is typically used in situations where the granters do not wish to provide any promises or guarantees about the property's title. Therefore, when considering a General Warranty Deed from two Individuals to LLC in Akron, Ohio, it is essential to understand the specific type of deed being used to ensure the desired level of protection for the grantee and the property.