This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is a Limited Liability Company. 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.
A Knoxville Tennessee Special Warranty Deed from an Individual to an LLC is a legal document used to transfer property ownership from an individual (granter) to a limited liability company (grantee) in Knoxville, Tennessee. This type of deed provides limited warranty or guarantee from the granter, ensuring that the granter has not caused any encumbrances or defects on the property during their ownership. There are two main types of Knoxville Tennessee Special Warranty Deeds from an Individual to an LLC: 1. Standard Knoxville Tennessee Special Warranty Deed from an Individual to an LLC: This is the most common type of special warranty deed used in Knoxville. It outlines the property being transferred along with any specific conditions or restrictions set forth by the granter. The granter warrants against any defects or claims arising only during their ownership period, hence the term "special" warranty deed. 2. Enhanced Knoxville Tennessee Special Warranty Deed from an Individual to an LLC: This type of special warranty deed provides additional protection to the grantee. In addition to the limited warranty against defects during the granter's ownership, this enhanced deed may include warranties against claims prior to the granter's ownership, such as any defects or encumbrances that may have existed before the granter purchased the property. When drafting a Knoxville Tennessee Special Warranty Deed from an Individual to an LLC, it is essential to include the following key information: — Legal description of the property: This includes a detailed and accurate description of the property being transferred, such as its boundaries, lot number, street address, and any applicable plat or survey information. Granteror and grantee details: Clearly state the full legal names and addresses of both the granter (individual transferring the property) and the grantee (LLC receiving the property). — Consideration: Specify the amount of consideration, which is the value or payment exchanged for the property. This can be a monetary amount or other valuable consideration. — Signatures and notarization: Both thgranteror and the grantee must sign the deed in the presence of a notary public, who will then notarize the signatures to validate the document. — County recording information: Once executed, the special warranty deed needs to be recorded with the appropriate county clerk's office where the property is located. This ensures that the transfer of ownership is officially documented and publicly recorded. In summary, a Knoxville Tennessee Special Warranty Deed from an Individual to an LLC is a legally binding document used to transfer property ownership with limited warranties from an individual to a limited liability company. It is important to understand the different types of special warranty deeds available and include all the necessary information for a valid and enforceable transfer.A Knoxville Tennessee Special Warranty Deed from an Individual to an LLC is a legal document used to transfer property ownership from an individual (granter) to a limited liability company (grantee) in Knoxville, Tennessee. This type of deed provides limited warranty or guarantee from the granter, ensuring that the granter has not caused any encumbrances or defects on the property during their ownership. There are two main types of Knoxville Tennessee Special Warranty Deeds from an Individual to an LLC: 1. Standard Knoxville Tennessee Special Warranty Deed from an Individual to an LLC: This is the most common type of special warranty deed used in Knoxville. It outlines the property being transferred along with any specific conditions or restrictions set forth by the granter. The granter warrants against any defects or claims arising only during their ownership period, hence the term "special" warranty deed. 2. Enhanced Knoxville Tennessee Special Warranty Deed from an Individual to an LLC: This type of special warranty deed provides additional protection to the grantee. In addition to the limited warranty against defects during the granter's ownership, this enhanced deed may include warranties against claims prior to the granter's ownership, such as any defects or encumbrances that may have existed before the granter purchased the property. When drafting a Knoxville Tennessee Special Warranty Deed from an Individual to an LLC, it is essential to include the following key information: — Legal description of the property: This includes a detailed and accurate description of the property being transferred, such as its boundaries, lot number, street address, and any applicable plat or survey information. Granteror and grantee details: Clearly state the full legal names and addresses of both the granter (individual transferring the property) and the grantee (LLC receiving the property). — Consideration: Specify the amount of consideration, which is the value or payment exchanged for the property. This can be a monetary amount or other valuable consideration. — Signatures and notarization: Both thgranteror and the grantee must sign the deed in the presence of a notary public, who will then notarize the signatures to validate the document. — County recording information: Once executed, the special warranty deed needs to be recorded with the appropriate county clerk's office where the property is located. This ensures that the transfer of ownership is officially documented and publicly recorded. In summary, a Knoxville Tennessee Special Warranty Deed from an Individual to an LLC is a legally binding document used to transfer property ownership with limited warranties from an individual to a limited liability company. It is important to understand the different types of special warranty deeds available and include all the necessary information for a valid and enforceable transfer.
