This form is a Limited Warranty Deed where the Grantors are two individuals and the and the Grantee is a Corporation. Grantors convey and warrant the described property to the Grantee. Grantors warrant the property to be free of all liens and encumbrances made by and through the Grantors, and not otherwise. This deed complies with all state statutory laws.
A Limited Warranty Deed is a legal document used in real estate transactions to transfer property ownership from two individuals to a corporation in Akron, Ohio. This type of deed guarantees the granter's ownership of the property and ensures protection against any defects or claims on the title up to the time of the granter's ownership. In Akron, Ohio, there are different types of Limited Warranty Deeds that can be executed between two individuals and a corporation: 1. General Akron Ohio Limited Warranty Deed: This deed transfers the property from the individuals to the corporation, guaranteeing that the granters have legal ownership and that the property is free from any claims or encumbrances during their ownership period. This type of deed provides a limited warranty to ensure the grantee's protection against any defects in the title. 2. Special Warranty Deed in Akron Ohio: In this type of Limited Warranty Deed, the granters of the property guarantee the corporation that the property was not encumbered during their ownership period other than the specified exceptions or claims mentioned in the deed. The granters do not provide a warranty against any defects that might have occurred before their ownership. 3. Quitclaim Akron Ohio Limited Warranty Deed: This type of deed transfers property ownership from the individuals to the corporation without providing any warranties or guarantees. The granters simply release their ownership interest in the property to the corporation. This deed is often used when the granters are unsure of the title's condition or when transferring property between parties who are well-known to each other. 4. Beneficiary Akron Ohio Limited Warranty Deed: This deed transfers property ownership to the corporation as a trustee for the benefit of a specific beneficiary. The granters warrant and guarantee the corporation's title to hold the property for the beneficiary's benefit. This type of deed is commonly used for estate planning or when transferring property into a trust. 5. Corporation to Corporation Akron Ohio Limited Warranty Deed: This deed is used when a corporation transfers property to another corporation. It ensures that the transfer is valid, and the grantee corporation receives limited warranty protection against any defects in the title. In all these types of Limited Warranty Deeds, it is crucial to consult with a qualified real estate attorney who specializes in Ohio real estate law to ensure the proper execution and understanding of the legal implications involved.A Limited Warranty Deed is a legal document used in real estate transactions to transfer property ownership from two individuals to a corporation in Akron, Ohio. This type of deed guarantees the granter's ownership of the property and ensures protection against any defects or claims on the title up to the time of the granter's ownership. In Akron, Ohio, there are different types of Limited Warranty Deeds that can be executed between two individuals and a corporation: 1. General Akron Ohio Limited Warranty Deed: This deed transfers the property from the individuals to the corporation, guaranteeing that the granters have legal ownership and that the property is free from any claims or encumbrances during their ownership period. This type of deed provides a limited warranty to ensure the grantee's protection against any defects in the title. 2. Special Warranty Deed in Akron Ohio: In this type of Limited Warranty Deed, the granters of the property guarantee the corporation that the property was not encumbered during their ownership period other than the specified exceptions or claims mentioned in the deed. The granters do not provide a warranty against any defects that might have occurred before their ownership. 3. Quitclaim Akron Ohio Limited Warranty Deed: This type of deed transfers property ownership from the individuals to the corporation without providing any warranties or guarantees. The granters simply release their ownership interest in the property to the corporation. This deed is often used when the granters are unsure of the title's condition or when transferring property between parties who are well-known to each other. 4. Beneficiary Akron Ohio Limited Warranty Deed: This deed transfers property ownership to the corporation as a trustee for the benefit of a specific beneficiary. The granters warrant and guarantee the corporation's title to hold the property for the beneficiary's benefit. This type of deed is commonly used for estate planning or when transferring property into a trust. 5. Corporation to Corporation Akron Ohio Limited Warranty Deed: This deed is used when a corporation transfers property to another corporation. It ensures that the transfer is valid, and the grantee corporation receives limited warranty protection against any defects in the title. In all these types of Limited Warranty Deeds, it is crucial to consult with a qualified real estate attorney who specializes in Ohio real estate law to ensure the proper execution and understanding of the legal implications involved.
