This form is a Limited Warranty Deed where the grantor is an individual and the grantee is a corporation.
A Columbus Ohio Limited Warranty Deed from Individual to Corporation is a legally binding document that transfers ownership of real property from an individual to a corporation, providing a limited guarantee of ownership and protection against any title defects or claims against the property. This type of deed is commonly used in real estate transactions involving the transfer of property rights from an individual private owner to a corporate entity. The limited warranty aspect of the deed ensures that the individual granter warrants that they have a lawful right to sell the property but offers certain limitations on the extent of their responsibility. The deed guarantees that the granter has not encumbered the property or transferred any claims on the property to third parties, except as specifically stated in the deed. This means that the granter guarantees that they have not sold, mortgaged, or otherwise transferred ownership or property rights to anyone else, except as disclosed in the deed. However, the limited warranty deed only offers protection against claims and defects arising during the time the granter owned the property. It does not provide any guarantees or protections against any defects or claims that existed before the granter acquired the property. This means that any existing issues with the property title or claims that occurred prior to the granter's ownership are not covered by the limited warranty deed. In Columbus, Ohio, there may be variations of the limited warranty deed from individual to corporation based on specific circumstances and requirements of the parties involved in the transaction. For example, there could be a Columbus Ohio Limited Warranty Deed with Exceptions, which contains specific exceptions or reservations made by the granter in regard to certain portions or rights associated with the property. Additionally, there may be a Columbus Ohio Limited Warranty Deed with Covenants, which includes additional covenants or promises made by the granter, beyond the limited warranty provided, to further protect the grantee (the corporation) against any claims or defects. It is important to note that specific legal requirements and guidelines for Columbus Ohio Limited Warranty Deed from Individual to Corporation may vary, and individuals involved in such transactions should consult with legal professionals or local authorities to ensure compliance with relevant laws and regulations.A Columbus Ohio Limited Warranty Deed from Individual to Corporation is a legally binding document that transfers ownership of real property from an individual to a corporation, providing a limited guarantee of ownership and protection against any title defects or claims against the property. This type of deed is commonly used in real estate transactions involving the transfer of property rights from an individual private owner to a corporate entity. The limited warranty aspect of the deed ensures that the individual granter warrants that they have a lawful right to sell the property but offers certain limitations on the extent of their responsibility. The deed guarantees that the granter has not encumbered the property or transferred any claims on the property to third parties, except as specifically stated in the deed. This means that the granter guarantees that they have not sold, mortgaged, or otherwise transferred ownership or property rights to anyone else, except as disclosed in the deed. However, the limited warranty deed only offers protection against claims and defects arising during the time the granter owned the property. It does not provide any guarantees or protections against any defects or claims that existed before the granter acquired the property. This means that any existing issues with the property title or claims that occurred prior to the granter's ownership are not covered by the limited warranty deed. In Columbus, Ohio, there may be variations of the limited warranty deed from individual to corporation based on specific circumstances and requirements of the parties involved in the transaction. For example, there could be a Columbus Ohio Limited Warranty Deed with Exceptions, which contains specific exceptions or reservations made by the granter in regard to certain portions or rights associated with the property. Additionally, there may be a Columbus Ohio Limited Warranty Deed with Covenants, which includes additional covenants or promises made by the granter, beyond the limited warranty provided, to further protect the grantee (the corporation) against any claims or defects. It is important to note that specific legal requirements and guidelines for Columbus Ohio Limited Warranty Deed from Individual to Corporation may vary, and individuals involved in such transactions should consult with legal professionals or local authorities to ensure compliance with relevant laws and regulations.