This form is a Limited Warranty Deed where the Grantor is an L.L.C. and the Grantee is an Individual. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
A Hennepin Minnesota Limited Warranty Deed from a Limited Liability Company (LLC) to an Individual is a legal document that transfers ownership of real estate property located in Hennepin County, Minnesota, from an LLC to an individual. This type of deed provides certain assurances to the recipient, known as the grantee. In this transaction, the LLC acts as the granter, relinquishing their ownership rights to the property, while the individual becomes the grantee, obtaining full ownership rights. The Limited Warranty Deed guarantees that the granter has legal ownership of the property and holds the right to transfer it. It also provides certain warranties or assurances to the grantee regarding the property's title history. By utilizing specific keywords, it is clear that there can be different types of Hennepin Minnesota Limited Warranty Deeds from LCS to individuals. Some possible variations include: 1. Commercial Limited Warranty Deed: This type of deed is used when transferring ownership of commercial property, such as retail buildings, office spaces, or industrial structures, from an LLC to an individual in Hennepin County. 2. Residential Limited Warranty Deed: This variant of the limited warranty deed is employed for residential properties, such as single-family houses, townhouses, or condominiums in Hennepin County. 3. Land Limited Warranty Deed: When an LLC wishes to transfer the ownership of vacant land or undeveloped property to an individual, they would use a Land Limited Warranty Deed. 4. Development Limited Warranty Deed: This type of deed is utilized when transferring ownership of land or property earmarked for future development, including residential housing projects or commercial ventures. 5. Time-share Limited Warranty Deed: In cases where an LLC operates a time-share property in Hennepin County and decides to transfer individual time-share ownership to an individual, a Time-share Limited Warranty Deed would be used. It is important to note that these variations may differ in specific clauses, requirements, or legal considerations, depending on the nature of the property being transferred. It is always advisable to consult with a qualified attorney or real estate professional to ensure compliance with applicable laws and regulations when dealing with Hennepin Minnesota Limited Warranty Deeds from LCS to individuals.A Hennepin Minnesota Limited Warranty Deed from a Limited Liability Company (LLC) to an Individual is a legal document that transfers ownership of real estate property located in Hennepin County, Minnesota, from an LLC to an individual. This type of deed provides certain assurances to the recipient, known as the grantee. In this transaction, the LLC acts as the granter, relinquishing their ownership rights to the property, while the individual becomes the grantee, obtaining full ownership rights. The Limited Warranty Deed guarantees that the granter has legal ownership of the property and holds the right to transfer it. It also provides certain warranties or assurances to the grantee regarding the property's title history. By utilizing specific keywords, it is clear that there can be different types of Hennepin Minnesota Limited Warranty Deeds from LCS to individuals. Some possible variations include: 1. Commercial Limited Warranty Deed: This type of deed is used when transferring ownership of commercial property, such as retail buildings, office spaces, or industrial structures, from an LLC to an individual in Hennepin County. 2. Residential Limited Warranty Deed: This variant of the limited warranty deed is employed for residential properties, such as single-family houses, townhouses, or condominiums in Hennepin County. 3. Land Limited Warranty Deed: When an LLC wishes to transfer the ownership of vacant land or undeveloped property to an individual, they would use a Land Limited Warranty Deed. 4. Development Limited Warranty Deed: This type of deed is utilized when transferring ownership of land or property earmarked for future development, including residential housing projects or commercial ventures. 5. Time-share Limited Warranty Deed: In cases where an LLC operates a time-share property in Hennepin County and decides to transfer individual time-share ownership to an individual, a Time-share Limited Warranty Deed would be used. It is important to note that these variations may differ in specific clauses, requirements, or legal considerations, depending on the nature of the property being transferred. It is always advisable to consult with a qualified attorney or real estate professional to ensure compliance with applicable laws and regulations when dealing with Hennepin Minnesota Limited Warranty Deeds from LCS to individuals.
