Columbus Ohio Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee

State:
Ohio
City:
Columbus
Control #:
OH-SDEED-7
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty Deed where the grantor and/or grantee could be a limited partnership or LLC.

A Columbus Ohio Warranty Deed from Limited Partnership or LLC is a legal document that is used in real estate transactions to transfer ownership of a property from a limited partnership or limited liability company (LLC) to another party. The limited partnership or LLC can act as either the granter or the grantee in this transaction. As the granter, the limited partnership or LLC is the entity that currently holds the title to the property and wishes to transfer ownership to another party. The granter is responsible for providing a warranty deed, which guarantees that they have clear and marketable title to the property and that they have the right to sell it. On the other hand, the limited partnership or LLC can also be the grantee in a Columbus Ohio Warranty Deed transaction. In this case, they are the entity that is acquiring the property from another party, and the current owner (granter) is transferring the title to them. There are various types of Columbus Ohio Warranty Deeds that can be utilized in these transactions. Some common types include: 1. General Warranty Deed: This type of deed provides the highest level of protection to the grantee, as it guarantees that the granter has clear title to the property and will defend against any claims that may arise in the future. 2. Special Warranty Deed: Unlike a general warranty deed, this type of deed only warrants against any encumbrances or claims that may have occurred during the limited partnership or LLC's ownership of the property. It does not cover any claims or defects that existed before their ownership. 3. Quitclaim Deed: This type of deed offers the least amount of protection to the grantee, as it simply transfers any interest or rights that the granter may have in the property, without making any guarantees about the title or any potential claims. In Columbus, Ohio, a warranty deed must meet certain legal requirements to be valid, such as being in writing, signed by the granter, and acknowledged by a notary public. It is also important to note that these deeds need to be filed with the county recorder's office to officially transfer the ownership of the property. Overall, a Columbus Ohio Warranty Deed from Limited Partnership or LLC is a crucial legal document that facilitates the transfer of property ownership and offers various levels of protection to both the granter and grantee.

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FAQ

The Grantor is the seller (on deeds), or borrower (on mortgages). The Grantor is usually the one who signed the document.

A quitclaim deed is a deed by which a grantor transfers only the interest the grantor has at the time the conveyance is executed. The grantor is not promising anything other than that they are giving up their own rights, if any. There are no implied warranties in connection with a quitclaim deed.

An Ohio limited warranty deed is a form that conveys property interests with a guarantee. However, unlike a warranty deed, the grantor is only guaranteeing that he or she did not encumber the property while he or she owned it.

A grant deed, also known as a special or limited warranty deed, is a legal document used to transfer real estate between a previous owner (the grantor) and a new owner (the grantee).

General warranty deed: A general warranty deed is the most common type of deed used to transfer fee simple ownership of a property. Unlike a quitclaim deed, a general warranty deed does confirm a grantor's ownership and a legal right to sell.

Quitclaim Deed This type of deed guarantees nothing and there is no expressed or implied warranty that grantor owns the property or any interest in it. Moreover, a quitclaim deed does not convey any after-acquired title.

A trustee deed?sometimes called a deed of trust or a trust deed?is a legal document created when someone purchases real estate in a trust deed state, such as California (check your local laws to see what is required in your state). A trust deed is used in place of a mortgage.

General Warranty Deed With this type of deed, the grantor makes a series of legally binding promises (called covenants) and warranties to the grantee (and their heirs) agreeing to protect the grantee against any prior claims and demands of all persons whomsoever in regards to the conveyed land.

The General Warranty Deed A general warranty deed provides the highest level of protection for the buyer because it includes significant covenants or warranties conveyed by the grantor to the grantee.

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More info

O Grantor sells the property, the Grantee buys the property. SUBJECT: Approval of County Board loans (and related loan documents) for 2 affiliates of.Request: Conditional Use approval for a Home Occupation in the R2 zoning district.

Submitted: 03/09/02 Submitted: 04/23/02 Submitted: 04/29/02 Status: Approved. 11-G-12 Submitted: 04/29/02 Status: Approved. 11-E-23 GUIDELINES REQUESTING SUBMITTAL OF A GRANT NOTICE OF APPROVAL NOTICE of Application for Land Reclamation in District 20 for: — REVITALIZATION OF A HOME AND MOVEMENT OF ONE WIFE AND ONE CHILDREN; AND — ADDITIONAL WELFARE ASSISTANCE FOR THE USE OF A RANCH. NOTICE of Application for a Special Use Permit for a Home Occupation: — SUBMISSION OF A PERIODIC REPORT — RECEIPT OF A NOTIFICATION The application asks to create a new home and move by one spouse and two children, who will continue to live in the residence. No other residences and households will be impacted, except the original home now occupied by the spouses. The proposed new home shall be located in the City of West Bend in West Bend. Submitted 04/29/02. Status: Approved Submitted: 04/29/02 Status: Approved 11-G-14 Submitted: 04/29/02 Status: Approved.

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Columbus Ohio Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee