This form is a Limited Warranty Deed where the grantors are husband and wife
A Limited Warranty Deed is a legal document used to transfer property ownership from a husband and wife to a corporation. This type of deed provides limited guarantees and protections to the buyer. In Franklin, Ohio, there are several variations of Franklin Ohio Limited Warranty Deed from Husband and Wife to Corporation, including: 1. Franklin Ohio Limited Warranty Deed — Husband and Wife to Corporation for Residential Property: This type of deed is utilized when a residential property is being transferred from a husband and wife to a corporation. It ensures that the husband and wife hold the authority to sell the property and guarantees that they will defend the title against any claims that arose during their ownership. 2. Franklin Ohio Limited Warranty Deed — Husband and Wife to Corporation for Commercial Property: When a husband and wife wish to transfer ownership of a commercial property to a corporation, this type of deed is used. It provides limited assurances to the corporation that the property is free from any defects in title and that the husband and wife have the legal authority to sell it. 3. Franklin Ohio Limited Warranty Deed — Husband and Wife to Corporation for Vacant Land: In cases where vacant land is being transferred from a husband and wife to a corporation, this deed type is used. It assures the corporation that the land has not been encumbered and that the husband and wife will defend the title against any claims. 4. Franklin Ohio Limited Warranty Deed — Husband and Wife to Corporation with Special Covenants: This variant of the limited warranty deed includes additional special covenants, such as guarantees related to the property's use, quality, or specific conditions. These covenants are tailored to the specific agreement between the husband and wife and the corporation. In each of these types of Franklin Ohio Limited Warranty Deed from Husband and Wife to Corporation, it is crucial to consult with an experienced real estate attorney to ensure all legal requirements are met, and the transfer of ownership is executed accurately. This legal document plays a vital role in providing limited protection and guarantees for the buyer during the transition of property ownership from a husband and wife to a corporation.A Limited Warranty Deed is a legal document used to transfer property ownership from a husband and wife to a corporation. This type of deed provides limited guarantees and protections to the buyer. In Franklin, Ohio, there are several variations of Franklin Ohio Limited Warranty Deed from Husband and Wife to Corporation, including: 1. Franklin Ohio Limited Warranty Deed — Husband and Wife to Corporation for Residential Property: This type of deed is utilized when a residential property is being transferred from a husband and wife to a corporation. It ensures that the husband and wife hold the authority to sell the property and guarantees that they will defend the title against any claims that arose during their ownership. 2. Franklin Ohio Limited Warranty Deed — Husband and Wife to Corporation for Commercial Property: When a husband and wife wish to transfer ownership of a commercial property to a corporation, this type of deed is used. It provides limited assurances to the corporation that the property is free from any defects in title and that the husband and wife have the legal authority to sell it. 3. Franklin Ohio Limited Warranty Deed — Husband and Wife to Corporation for Vacant Land: In cases where vacant land is being transferred from a husband and wife to a corporation, this deed type is used. It assures the corporation that the land has not been encumbered and that the husband and wife will defend the title against any claims. 4. Franklin Ohio Limited Warranty Deed — Husband and Wife to Corporation with Special Covenants: This variant of the limited warranty deed includes additional special covenants, such as guarantees related to the property's use, quality, or specific conditions. These covenants are tailored to the specific agreement between the husband and wife and the corporation. In each of these types of Franklin Ohio Limited Warranty Deed from Husband and Wife to Corporation, it is crucial to consult with an experienced real estate attorney to ensure all legal requirements are met, and the transfer of ownership is executed accurately. This legal document plays a vital role in providing limited protection and guarantees for the buyer during the transition of property ownership from a husband and wife to a corporation.