This Warranty Deed from two Individuals to LLC form is a Warranty Deed where the Grantors are two individuals and the Grantee is a limited liability company. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
Louisville Kentucky Warranty Deed from two Individuals to LLC
Category:
State:
Kentucky
City:
Louisville
Control #:
KY-04-78
Format:
Word;
Rich Text
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How to fill out Kentucky Warranty Deed From Two Individuals To LLC?
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FAQ
Either (1) a sworn, notarized certificate signed by the grantor or his agent and the grantee or his agent, that the consideration reflected in the deed is the full consideration paid for the property, or (2) a sworn, notarized certificate signed by the grantor or his agent and the grantee or his agent, stating that the
The transfer tax rate is $0.50 per $500.00 of the property's value. Value is the full actual consideration paid for the property or?if the deed transfers real estate as a gift?the fair price a buyer would pay for the property in an arms-length sale.
A deed must be recorded with the county recorder's office to effectively transfer property. The deed must contain the name of the first party, also called the seller or grantor, and their mailing address. It must also contain the name of the second party, the buyer or grantee, and their mailing address.
A Kentucky quitclaim deed form transfers the owner's entire interest as of the date of the deed. The new owner receives whatever interest the current owner can legally transfer. The current owner, though, does not promise the new owner a clear title or undisputed ownership of the property.
(1) All deeds, mortgages and other instruments required by law to be recorded to be effectual against purchasers without notice, or creditors, shall be recorded in the county clerk's office of the county in which the property conveyed, or the greater part thereof, is located.
All parties just need to sign the transfer deed (TR1 form) and file it with the land registry. This needs to be accompanied by the land registry's AP1 form, and if the value of the transaction amounts to more than £40,000, then a stamp duty land tax certificate may also be required.
A Kentucky general warranty deed is used to transfer property from a seller (grantor) to a buyer (grantee) in Kentucky. A warranty deed provides a guarantee from the seller to the buyer that the property is clear of any title defects and that the seller has the legal authority to sell the property.
Transfer-on-death deeds for real estate Kentucky does not allow real estate to be transferred with transfer-on-death deeds.
12. Who benefits the most from recording a warranty deed? D. Explanation: The grantee is the one who has acquired an interest in the land, and she is the one who benefits the most from recording the deed to provide constructive (legal) notice of that interest.
Go to the Land Office Services Index phone: (502) 564-3490. email. mail: Office of the Secretary of State. ?Capitol Annex, Land Office. 702 Capital Ave., Ste. T-21-B. Frankfort, KY 40601?
