Dayton Ohio General Warranty Deed

• Category: Ohio Real Estate
• State: Ohio
• City: Dayton
• Control #: OH-LR018
• Format: Word; Rich Text

Description

Warranty deeds provide the purchaser of the property with the highest form of protection, and are often used when a buyer wants to get financing for a mortgage or title insurance. This form is used by an unmarried person as the Grantor and the Grantee is a limited liability company. A Dayton Ohio General Warranty Deed is a legal document that transfers the ownership of real property from one party, known as the granter, to another party, known as the grantee. This type of deed provides the highest level of protection for the grantee as it guarantees that the title to the property is clear and free from any encumbrances, except those specifically mentioned in the deed. In Dayton, Ohio, there are several types of General Warranty Deeds that are commonly used to convey property. These include: 1. Dayton Ohio General Warranty Deed with Full Covenants: This is the most comprehensive type of General Warranty Deed. It includes specific covenants such as the covenant of basin (ensuring that the granter has legal ownership and the right to transfer the property), the covenant against encumbrances (promising that the property is free from liens or other claims), the covenant of quiet enjoyment (guaranteeing that the grantee will not face any disturbance in their possession), and the covenant of further assurance (obliging the granter to take any necessary actions to perfect the grantee's title). 2. Dayton Ohio General Warranty Deed with Limited Covenants: This type of General Warranty Deed provides fewer covenants compared to the full covenants deed. It typically includes the covenant of basin and the covenant against encumbrances, but may not include the covenant of quiet enjoyment or the covenant of further assurance. 3. Dayton Ohio Special Warranty Deed: Although not specifically a General Warranty Deed, it is worth mentioning the Special Warranty Deed as it is commonly used in Dayton, Ohio. This type of deed provides a warranty only against the granter's acts or omissions during their ownership of the property, and not against any prior claims or encumbrances. It is important for both the granter and the grantee to fully understand the implications of the General Warranty Deed before entering into any real estate transaction in Dayton, Ohio. Consulting with a qualified real estate attorney can provide guidance and ensure that both parties are protected throughout the transfer process.

A Dayton Ohio General Warranty Deed is a legal document that transfers the ownership of real property from one party, known as the granter, to another party, known as the grantee. This type of deed provides the highest level of protection for the grantee as it guarantees that the title to the property is clear and free from any encumbrances, except those specifically mentioned in the deed. In Dayton, Ohio, there are several types of General Warranty Deeds that are commonly used to convey property. These include: 1. Dayton Ohio General Warranty Deed with Full Covenants: This is the most comprehensive type of General Warranty Deed. It includes specific covenants such as the covenant of basin (ensuring that the granter has legal ownership and the right to transfer the property), the covenant against encumbrances (promising that the property is free from liens or other claims), the covenant of quiet enjoyment (guaranteeing that the grantee will not face any disturbance in their possession), and the covenant of further assurance (obliging the granter to take any necessary actions to perfect the grantee's title). 2. Dayton Ohio General Warranty Deed with Limited Covenants: This type of General Warranty Deed provides fewer covenants compared to the full covenants deed. It typically includes the covenant of basin and the covenant against encumbrances, but may not include the covenant of quiet enjoyment or the covenant of further assurance. 3. Dayton Ohio Special Warranty Deed: Although not specifically a General Warranty Deed, it is worth mentioning the Special Warranty Deed as it is commonly used in Dayton, Ohio. This type of deed provides a warranty only against the granter's acts or omissions during their ownership of the property, and not against any prior claims or encumbrances. It is important for both the granter and the grantee to fully understand the implications of the General Warranty Deed before entering into any real estate transaction in Dayton, Ohio. Consulting with a qualified real estate attorney can provide guidance and ensure that both parties are protected throughout the transfer process.