A deed is an instrument by which an owner (the grantor) transfers an interest in land to a new owner (the grantee). No consideration is required to make the deed effective. The deed is necessary to transfer title to land even if it is a gift. It has no effect, and title does not pass until the deed has been delivered. The recording of the deed is not required to make the deed effective to pass title between the buyer and the seller. However, recording is necessary so that the public will know that the buyer is the present owner. Recording constitutes "notice to the world" of the transfer in title.
The grantor is the person selling the property. The grantee is the person buying the property. A grant deed is a deed containing an implied warranty that there are no encumbrances on the property not described in the deed and that the person transferring the property actually owns the title. It must describe the property by legal description of boundaries and/or parcel numbers, be signed by all people transferring the property, and be acknowledged before a notary public. It is in contrast to a quit claim deed, which only conveys the interest that the transferor actually owns, if any, without a warranty of ownership.
A Cuyahoga Ohio Grant Deed is a legal instrument used to transfer ownership or interest in real property located in Cuyahoga County, Ohio. This type of deed is commonly used in real estate transactions, ensuring a clear transfer of title from the granter (seller) to the grantee (buyer). Within Cuyahoga Ohio Grant Deeds, there are several variations or types that individuals should be aware of, including: 1. General Warranty Deed: This type of grant deed provides the highest level of protection for the grantee, as it includes warranties and guarantees from the granter that they have clear title to the property and will defend against any claims that may arise. 2. Special Warranty Deed: Unlike a General Warranty Deed, a Special Warranty Deed only provides warranties and guarantees covering the time when the granter owned the property. It may not protect against prior claims or encumbrances on the property. 3. Quitclaim Deed: A Quitclaim Deed is a grant deed that transfers the granter's interest in the property without any warranties or guarantees. It simply relinquishes the granter's claims, if any, to the property. This type of deed is often used in situations where the granter wants to transfer their interest, but not guarantee clear title. 4. Limited Warranty Deed: Similar to a Special Warranty Deed, a Limited Warranty Deed provides limited warranties and guarantees, typically covering only the time when the granter owned the property. This type of deed is commonly used in commercial transactions. 5. Sheriff's Deed: A Sheriff's Deed is issued by a sheriff or their authorized representative to transfer ownership of a property to a buyer as a result of a court-ordered sale, typically due to foreclosure or tax lien proceedings. When dealing with a Cuyahoga Ohio Grant Deed, it is essential to consult with a qualified real estate attorney or professional to ensure that the appropriate type of deed is used and that the transfer of ownership is legally valid and binding.A Cuyahoga Ohio Grant Deed is a legal instrument used to transfer ownership or interest in real property located in Cuyahoga County, Ohio. This type of deed is commonly used in real estate transactions, ensuring a clear transfer of title from the granter (seller) to the grantee (buyer). Within Cuyahoga Ohio Grant Deeds, there are several variations or types that individuals should be aware of, including: 1. General Warranty Deed: This type of grant deed provides the highest level of protection for the grantee, as it includes warranties and guarantees from the granter that they have clear title to the property and will defend against any claims that may arise. 2. Special Warranty Deed: Unlike a General Warranty Deed, a Special Warranty Deed only provides warranties and guarantees covering the time when the granter owned the property. It may not protect against prior claims or encumbrances on the property. 3. Quitclaim Deed: A Quitclaim Deed is a grant deed that transfers the granter's interest in the property without any warranties or guarantees. It simply relinquishes the granter's claims, if any, to the property. This type of deed is often used in situations where the granter wants to transfer their interest, but not guarantee clear title. 4. Limited Warranty Deed: Similar to a Special Warranty Deed, a Limited Warranty Deed provides limited warranties and guarantees, typically covering only the time when the granter owned the property. This type of deed is commonly used in commercial transactions. 5. Sheriff's Deed: A Sheriff's Deed is issued by a sheriff or their authorized representative to transfer ownership of a property to a buyer as a result of a court-ordered sale, typically due to foreclosure or tax lien proceedings. When dealing with a Cuyahoga Ohio Grant Deed, it is essential to consult with a qualified real estate attorney or professional to ensure that the appropriate type of deed is used and that the transfer of ownership is legally valid and binding.
