This Warranty Deed from Individual to LLC form is a Warranty Deed where the grantor is an individual and the grantee is a limited liability company. Grantor conveys and warrants 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.
Cuyahoga Ohio General Warranty Deed from Individual to LLC is a legal document used in real estate transactions to transfer ownership of a property from an individual to a limited liability company (LLC) in Cuyahoga County, Ohio. This deed provides the buyer, which is the LLC, with assurances and guarantees that the seller, an individual, holds clear title to the property and has the legal authority to sell it. In this type of deed, the seller conveys the property to the LLC, ensuring that the LLC will be protected against any potential future claims or defects in title. It is an important document that establishes the chain of title and offers protection to the LLC as it assumes ownership. Different types of Cuyahoga Ohio General Warranty Deeds from Individual to LLC may include: 1. Standard General Warranty Deed: This is the most common type of deed used in real estate transactions and provides the highest level of protection to the buyer. It guarantees that the seller has the legal right to sell the property and protects the buyer against any claims or defects in title that may arise in the future. 2. Special Warranty Deed: This type of deed provides similar assurances as the General Warranty Deed, but with a limited scope. The seller guarantees that there have been no defects in title during their ownership, but does not provide protection against any potential past claims or defects. 3. Quitclaim Deed: While not a General Warranty Deed, a Quitclaim Deed can also be used in transferring ownership from an individual to an LLC. Unlike the previous two deeds, it does not provide any guarantees or warranties regarding the title. It simply transfers the seller's interest in the property to the buyer without any assurance of clear title. When executing a Cuyahoga Ohio General Warranty Deed from Individual to LLC, it is crucial to consult with a qualified real estate attorney to ensure all legal requirements are met and to address any specific concerns or circumstances related to the transaction.
