A Columbus Ohio General Warranty Deed for Corporation to Corporation is a legal document used to transfer real property from one corporation to another corporation in the city of Columbus, Ohio. This type of deed provides a guarantee to the buyer (transferee corporation) that the property being transferred is free and clear from any encumbrances, defects in the title, and unknown claims that may arise in the future. The deed includes essential information related to the transaction, such as the names of the conveying corporation (granter) and the receiving corporation (grantee). It also provides details about the real property being transferred, including the legal description of the property, which accurately describes the boundaries and location of the land. The deed typically includes covenants or promises made by the granter corporation to the grantee corporation. These covenants include: 1. Covenant of Basin: Assurance that the granter corporation has legal ownership and possesses the right to convey the property. 2. Covenant of Right to Convey: Assures that the granter corporation has the authority to sell the property and that the transfer will be valid. 3. Covenant against Encumbrances: Guarantee that the property is free from liens or encumbrances, except those specifically stated in the deed. 4. Covenant of Quiet Enjoyment: Assurance that the grantee corporation will have undisturbed possession and enjoyment of the property without interference from any third party claiming a superior title. 5. Covenant of Warranty: A promise to defend the grantee corporation against any future claims or legal actions arising from defects in the title, except for any limitations explicitly stated in the deed. There are no specific variations of the Columbus Ohio General Warranty Deed for Corporation to Corporation. However, it's worth mentioning that there may be different addendums or attachments specific to the transaction, such as disclosures of environmental hazards or restrictions imposed by local zoning regulations. It is crucial to consult with a qualified attorney or a real estate professional to ensure that all legal requirements are met and to customize the deed to meet the specific needs of the corporation to corporation transfer in Columbus, Ohio.
Columbus Ohio General Warranty Deed for Corporation to Corporation
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How to fill out Columbus Ohio General Warranty Deed For Corporation To Corporation?
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