This form is a Limited Warranty Deed where the grantor is an individual and the grantee is a corporation.
An Akron Ohio Limited Warranty Deed from Individual to Corporation is a legally binding document that transfers ownership of real estate from an individual to a corporation while providing limited warranty and protection to the corporation against any potential claims or defects associated with the property. This type of deed ensures that the individual transferring the property has the legal right to do so and guarantees that the corporation receiving the property holds a clear and marketable title. The Akron Ohio Limited Warranty Deed from Individual to Corporation is designed to offer certain warranties to the corporation, namely the warranty of basin, the warranty against encumbrances, the warranty of quiet enjoyment, and the warranty of further assurance. The warranty of basin ensures that the individual transferring the property is the lawful owner, holding complete legal right and possession of the property. It guarantees that there are no undisclosed co-ownership interests or third-party claims. The warranty against encumbrances provides assurance that the property is not burdened by any liens, mortgages, easements, or other encumbrances, excluding any previously stated in the deed. The warranty of quiet enjoyment guarantees that the corporation will have undisturbed possession and use of the property without any interference from third parties claiming rightful ownership or other legal rights to the property. Lastly, the warranty of further assurance implies that the individual transferring the property will take any necessary actions to ensure the title's validity and resolve any defects or claims that may arise in the future. It's important to note that there are variations of the Akron Ohio Limited Warranty Deed from Individual to Corporation, including specific deeds for commercial properties, residential properties, vacant land, or agricultural properties. Each deed type may have its own set of additional conditions or specific warranties tailored to the nature of the property being transferred. In conclusion, an Akron Ohio Limited Warranty Deed from Individual to Corporation is a legal instrument that facilitates the transfer of property from an individual to a corporation with limited warranties and protection against potential claims or defects. Different variations of this deed may exist based on the type of property being transferred.An Akron Ohio Limited Warranty Deed from Individual to Corporation is a legally binding document that transfers ownership of real estate from an individual to a corporation while providing limited warranty and protection to the corporation against any potential claims or defects associated with the property. This type of deed ensures that the individual transferring the property has the legal right to do so and guarantees that the corporation receiving the property holds a clear and marketable title. The Akron Ohio Limited Warranty Deed from Individual to Corporation is designed to offer certain warranties to the corporation, namely the warranty of basin, the warranty against encumbrances, the warranty of quiet enjoyment, and the warranty of further assurance. The warranty of basin ensures that the individual transferring the property is the lawful owner, holding complete legal right and possession of the property. It guarantees that there are no undisclosed co-ownership interests or third-party claims. The warranty against encumbrances provides assurance that the property is not burdened by any liens, mortgages, easements, or other encumbrances, excluding any previously stated in the deed. The warranty of quiet enjoyment guarantees that the corporation will have undisturbed possession and use of the property without any interference from third parties claiming rightful ownership or other legal rights to the property. Lastly, the warranty of further assurance implies that the individual transferring the property will take any necessary actions to ensure the title's validity and resolve any defects or claims that may arise in the future. It's important to note that there are variations of the Akron Ohio Limited Warranty Deed from Individual to Corporation, including specific deeds for commercial properties, residential properties, vacant land, or agricultural properties. Each deed type may have its own set of additional conditions or specific warranties tailored to the nature of the property being transferred. In conclusion, an Akron Ohio Limited Warranty Deed from Individual to Corporation is a legal instrument that facilitates the transfer of property from an individual to a corporation with limited warranties and protection against potential claims or defects. Different variations of this deed may exist based on the type of property being transferred.
