Kings New York Warranty Deed for Surface with Limited Warranty is a legal document that serves as evidence of ownership and transfers the surface rights of a property located in Kings County, New York. This specific type of warranty deed comes with a limited warranty, which means that the granter (seller) guarantees that they have the authority to transfer the property but provides no warranties for anything beyond their own actions. The Kings New York Warranty Deed for Surface with Limited Warranty is commonly used in real estate transactions, ensuring a clear and legal transfer of surface rights to the buyer. This deed includes relevant information such as the names of the granter and the grantee, a legal description of the property, and any restrictions or encumbrances that may affect the property's surface rights. It is important to note that there might be different variations or types of Kings New York Warranty Deed for Surface with Limited Warranty, namely: 1. Kings New York Warranty Deed for Surface with Limited Warranty — Individual to Individual: This type of warranty deed is used when an individual property owner wishes to sell their surface rights to another individual. 2. Kings New York Warranty Deed for Surface with Limited Warranty — Corporation to Individual: In cases where the seller is a corporation or a business entity, and they intend to transfer surface rights to an individual, this type of warranty deed is employed. 3. Kings New York Warranty Deed for Surface with Limited Warranty — Individual to Corporation: This variation is used when an individual intends to transfer their surface rights to a corporation or business entity. The Kings New York Warranty Deed for Surface with Limited Warranty offers some level of protection to the buyer, assuring them that the seller has the legal authority to sell the property's surface rights. However, unlike other warranty deeds, the limited warranty only covers the granter's actions and does not provide guarantees against potential past or future claims or encumbrances. It is recommended that potential buyers conduct thorough due diligence before finalizing any real estate transaction.
Kings New York Warranty Deed for Surface with Limited Warranty
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FAQ
An Ohio limited warranty deed form is a deed that conveys Ohio real estate with limited warranty of title. 1. Warranty of titlewhich the Ohio statute calls covenants of warrantyis the current owner's guaranty to the new owner that the transferred real estate's title is free of undisclosed title defects.
Contains the strongest and broadest form of guarantee of title of any type of deed, and provides the greatest protection of any deed to the grantee. In this type of deed, the grantor makes various covenants, or warranties.
What Is a Special Warranty Deed? A special warranty deed is a deed to real estate where the seller of the propertyknown as the grantorwarrants only against anything that occurred during their physical ownership.
Six Commonly Used Deed in Ohio General Warranty Deed. The most common form of deed used in Ohio is a General Warranty Deed.Limited Warranty Deed.Quit Claim Deed.Fiduciary Deed.Joint and Survivorship Deed.Transfer on Death Designation Affidavit.
A general warranty deed is the most beneficial for the home buyer because it provides the greatest amount of protection. It's a guarantee from the current owners (also referred to as grantors) that they have full ownership of the property and have disclosed all encumbrances, liens, easements and judgments.
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.
A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.
The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the propertyif any.
In Georgia, a limited special warranty deed provides that a grantor warrants and defends the property to the grantee only against any claims arising by, through, or under the grantor. This Standard Document has integrated notes with important explanations and drafting tips.
