This form is a Special Warranty Deed where the Grantor is a corporation and the Grantee is a limited partnership. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
Allegheny Pennsylvania Special Warranty Deed from Corporation to Limited Partnership is a legally binding document that transfers ownership of property or real estate from a corporation to a limited partnership within the Allegheny County jurisdiction. This type of deed provides certain guarantees and protections to the limited partnership with regard to the title and property rights, while limiting the liability of the corporation. A Special Warranty Deed is a specific type of deed that warrants the title only against defects arising during the time when the granter held ownership of the property. This means that the corporation, as the granter, guarantees that it has not taken any actions that would negatively impact the property's title during its ownership, but does not carry any liability for any issues that existed prior to their ownership. In Allegheny County, Pennsylvania, the Special Warranty Deed from Corporation to Limited Partnership can pertain to various types of property transfers, including commercial buildings, residential properties, vacant land, or even industrial facilities. The specific type of property being transferred would be indicated in the deed along with relevant details such as the property address, metes and bounds descriptions, and any additional terms and conditions agreed upon by both parties. Furthermore, there may be different variations or subtypes of the Allegheny Pennsylvania Special Warranty Deed from Corporation to Limited Partnership, such as: 1. General Commercial Property Special Warranty Deed: This type of deed specifically involves the transfer of commercial properties, such as office buildings, retail spaces, or mixed-use developments, from a corporation to a limited partnership. 2. Residential Property Special Warranty Deed: This variation focuses on the transfer of residential properties, including single-family houses, condominiums, or townhouses, from a corporation to a limited partnership. 3. Vacant Land Special Warranty Deed: This subtype applies to the transfer of undeveloped or vacant land parcels from a corporation to a limited partnership, which may later be used for various purposes such as development, farming, or recreational activities. 4. Industrial Facility Special Warranty Deed: This type of deed is specific to the transfer of industrial buildings or facilities, such as warehouses, manufacturing plants, or distribution centers, from a corporation to a limited partnership. It's worth noting that while the Special Warranty Deed is commonly used in Allegheny County, Pennsylvania, it is essential to consult with a qualified attorney or real estate professional to ensure compliance with local laws and regulations, as well as address any unique circumstances of the property transfer.Allegheny Pennsylvania Special Warranty Deed from Corporation to Limited Partnership is a legally binding document that transfers ownership of property or real estate from a corporation to a limited partnership within the Allegheny County jurisdiction. This type of deed provides certain guarantees and protections to the limited partnership with regard to the title and property rights, while limiting the liability of the corporation. A Special Warranty Deed is a specific type of deed that warrants the title only against defects arising during the time when the granter held ownership of the property. This means that the corporation, as the granter, guarantees that it has not taken any actions that would negatively impact the property's title during its ownership, but does not carry any liability for any issues that existed prior to their ownership. In Allegheny County, Pennsylvania, the Special Warranty Deed from Corporation to Limited Partnership can pertain to various types of property transfers, including commercial buildings, residential properties, vacant land, or even industrial facilities. The specific type of property being transferred would be indicated in the deed along with relevant details such as the property address, metes and bounds descriptions, and any additional terms and conditions agreed upon by both parties. Furthermore, there may be different variations or subtypes of the Allegheny Pennsylvania Special Warranty Deed from Corporation to Limited Partnership, such as: 1. General Commercial Property Special Warranty Deed: This type of deed specifically involves the transfer of commercial properties, such as office buildings, retail spaces, or mixed-use developments, from a corporation to a limited partnership. 2. Residential Property Special Warranty Deed: This variation focuses on the transfer of residential properties, including single-family houses, condominiums, or townhouses, from a corporation to a limited partnership. 3. Vacant Land Special Warranty Deed: This subtype applies to the transfer of undeveloped or vacant land parcels from a corporation to a limited partnership, which may later be used for various purposes such as development, farming, or recreational activities. 4. Industrial Facility Special Warranty Deed: This type of deed is specific to the transfer of industrial buildings or facilities, such as warehouses, manufacturing plants, or distribution centers, from a corporation to a limited partnership. It's worth noting that while the Special Warranty Deed is commonly used in Allegheny County, Pennsylvania, it is essential to consult with a qualified attorney or real estate professional to ensure compliance with local laws and regulations, as well as address any unique circumstances of the property transfer.