This form is a Limited Warranty Deed where the grantors are husband and wife
A Columbus Ohio Limited Warranty Deed from Husband and Wife to a Corporation is a legal document that transfers ownership of real estate property from a husband and wife to a corporation while providing a limited warranty of title. This type of deed ensures that the transferring parties, the husband and wife, warrant that they have not encumbered the property and have the legal authority to transfer the title to the corporation. The limited warranty deed provides some level of protection to the corporation, as the husband and wife guarantee that they have not knowingly created any defects in the title to the property, except those specifically mentioned in the deed. It means that if any issues arise with the title after the transfer, the corporation can seek recourse against the husband and wife. Some possible variations or specific types of Columbus Ohio Limited Warranty Deed from Husband and Wife to Corporation may include: 1. General Limited Warranty Deed: This is the most common type of limited warranty deed, where the husband and wife transfer the property to the corporation without providing any specific additional warranties or restrictions. 2. Special Limited Warranty Deed: In this type of deed, the husband and wife only warrant that they have not caused any defects in the title themselves, during the period they held ownership of the property. It means that they do not provide any warranties for issues that may have existed prior to their ownership. 3. Quitclaim Deed: Although not specifically a limited warranty deed, the husband and wife might choose to transfer the property using a quitclaim deed. This type of deed does not provide any warranties of title; instead, it conveys only the interest that the husband and wife have in the property, without guaranteeing that the title is free from defects. Overall, regardless of the specific type of Columbus Ohio Limited Warranty Deed from Husband and Wife to Corporation, it is a legally binding document that facilitates the transfer of property ownership while providing a limited guarantee of the title's validity from the transferring parties to the corporation.A Columbus Ohio Limited Warranty Deed from Husband and Wife to a Corporation is a legal document that transfers ownership of real estate property from a husband and wife to a corporation while providing a limited warranty of title. This type of deed ensures that the transferring parties, the husband and wife, warrant that they have not encumbered the property and have the legal authority to transfer the title to the corporation. The limited warranty deed provides some level of protection to the corporation, as the husband and wife guarantee that they have not knowingly created any defects in the title to the property, except those specifically mentioned in the deed. It means that if any issues arise with the title after the transfer, the corporation can seek recourse against the husband and wife. Some possible variations or specific types of Columbus Ohio Limited Warranty Deed from Husband and Wife to Corporation may include: 1. General Limited Warranty Deed: This is the most common type of limited warranty deed, where the husband and wife transfer the property to the corporation without providing any specific additional warranties or restrictions. 2. Special Limited Warranty Deed: In this type of deed, the husband and wife only warrant that they have not caused any defects in the title themselves, during the period they held ownership of the property. It means that they do not provide any warranties for issues that may have existed prior to their ownership. 3. Quitclaim Deed: Although not specifically a limited warranty deed, the husband and wife might choose to transfer the property using a quitclaim deed. This type of deed does not provide any warranties of title; instead, it conveys only the interest that the husband and wife have in the property, without guaranteeing that the title is free from defects. Overall, regardless of the specific type of Columbus Ohio Limited Warranty Deed from Husband and Wife to Corporation, it is a legally binding document that facilitates the transfer of property ownership while providing a limited guarantee of the title's validity from the transferring parties to the corporation.
