This form is a Warranty Deed where the grantor and/or grantee could be a limited partnership or LLC.
Utah Warranty Deed for Limited Partnership or LLC is the Grantor, or Grantee
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FAQ
In a Warranty Deed, the grantee is the person who the interest in a property is being transferred to. For example, if you are buying a property from someone else, you are the grantee, and the person selling it is the grantor.
It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating
No, in most states, the Grantee is not required to sign the Quitclaim Deed. However, some counties do require that the Quitclaim Deed be signed by the Grantee in addition to the Grantor.
Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.
A grantee is the recipient of something, such as a college grant or real estate property. A grantor is a person or entity that transfers to another person or entity the interest or ownership rights to an asset. Legal documents, such as deeds, detail the transfer of assets between grantors and grantees.
Grantor's signature: The grantor must sign the deed for it to be valid. Usually, if more than one person owns a property, all the owners must sign. In some states a husband or wife who own property by themselves may have to have the spouse also sign the deed even though the spouse does not have title to the property.
The Utah warranty deed is a form of deed that provides an unlimited warranty of title. It makes an absolute guarantee that the current owner has good title to the property.
A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee). The deed protects the buyer by pledging that the seller holds clear title to the property and there are no encumbrances, outstanding liens, or mortgages against it.
No, California does not require that the Grantee sign a warranty deed. However, some states and counties require that the deed be signed by the Grantee in addition to the Grantor.