Las Cruces New Mexico Warranty Deed from Husband and Wife to LLC

• Category: New Mexico Real Estate - Deeds - Warranty
• State: New Mexico
• Control #: NM-09-78
• Format: Word; Rich Text

Description

This Warranty Deed from Husband and Wife to LLC form is a Warranty Deed where the grantors are husband and wife and the grantee is a limited liability company. Grantors convey and warrant the described property to grantee less oil, gas and minerals to which grantors reserve the right. A Las Cruces New Mexico Warranty Deed is a legal document used to transfer ownership of real property from a husband and wife to a Limited Liability Company (LLC). This deed provides a guarantee to the buyer, stating that the property is free from any defects in title and that the sellers have the right to sell it. In Las Cruces, there are two main types of Warranty Deed from Husband and Wife to LLC: 1. General Warranty Deed: This type of deed offers the highest level of protection for buyers. It guarantees that the sellers (husband and wife) own the property outright, have the right to sell it, and will defend the buyer against any claims on the property, even if the claim originated before the sellers purchased the property. 2. Special Warranty Deed: This type of deed only guarantees that the sellers (husband and wife) have not incurred any title issues or encumbrances during their ownership. It does not provide protection against claims that arose before their ownership. This type of warranty deed is commonly used when the sellers want to limit their liability and protection to the extent of their ownership. When drafting a Las Cruces New Mexico Warranty Deed from Husband and Wife to LLC, the document should contain the following essential elements: 1. Identification of the husband and wife as the granters, and the LLC as the grantee. 2. The legal description of the property being transferred, including its boundaries and any improvements on it. 3. The type of warranty being provided (general or special). 4. The purchase price or consideration for the transfer, if applicable. 5. The signatures of the husband, wife, and a notary public, with the document being properly acknowledged and witnessed. Some relevant keywords associated with this topic include: Las Cruces, New Mexico, Warranty Deed, Husband and Wife, LLC, real property, transfer of ownership, defects in title, guarantee, protection, general warranty deed, special warranty deed, legal description, encumbrances, title issues, consideration, notary public, acknowledgement, witness.

A Las Cruces New Mexico Warranty Deed is a legal document used to transfer ownership of real property from a husband and wife to a Limited Liability Company (LLC). This deed provides a guarantee to the buyer, stating that the property is free from any defects in title and that the sellers have the right to sell it. In Las Cruces, there are two main types of Warranty Deed from Husband and Wife to LLC: 1. General Warranty Deed: This type of deed offers the highest level of protection for buyers. It guarantees that the sellers (husband and wife) own the property outright, have the right to sell it, and will defend the buyer against any claims on the property, even if the claim originated before the sellers purchased the property. 2. Special Warranty Deed: This type of deed only guarantees that the sellers (husband and wife) have not incurred any title issues or encumbrances during their ownership. It does not provide protection against claims that arose before their ownership. This type of warranty deed is commonly used when the sellers want to limit their liability and protection to the extent of their ownership. When drafting a Las Cruces New Mexico Warranty Deed from Husband and Wife to LLC, the document should contain the following essential elements: 1. Identification of the husband and wife as the granters, and the LLC as the grantee. 2. The legal description of the property being transferred, including its boundaries and any improvements on it. 3. The type of warranty being provided (general or special). 4. The purchase price or consideration for the transfer, if applicable. 5. The signatures of the husband, wife, and a notary public, with the document being properly acknowledged and witnessed. Some relevant keywords associated with this topic include: Las Cruces, New Mexico, Warranty Deed, Husband and Wife, LLC, real property, transfer of ownership, defects in title, guarantee, protection, general warranty deed, special warranty deed, legal description, encumbrances, title issues, consideration, notary public, acknowledgement, witness.