This form is a Limited Warranty Deed where the grantor is an individual and the grantee is an individual.
A Columbus Ohio Limited Warranty Deed from Individual to Individual is a legal document that transfers ownership of real property from one individual to another in the city of Columbus, Ohio. This type of deed guarantees that the property being transferred is free from any defects or encumbrances that occurred during the ownership of the granter. The Limited Warranty Deed provides a limited warranty, meaning that the granter guarantees the property against any claims arising only during their period of ownership. This differs from a General Warranty Deed, which guarantees the property against any claims throughout its entire history. By using this specific type of deed, the granter ensures that they have legal authority to transfer the property and that no undisclosed liens or claims exist. If any such claims are discovered in the future, the granter will be responsible for defending the grantee's ownership rights. When preparing a Columbus Ohio Limited Warranty Deed from Individual to Individual, it is important to include certain key information. These details typically include: 1. Names and addresses of both the granter (current property owner) and the grantee (new property owner). 2. A clear and accurate description of the property being transferred, including its legal description, address, and relevant parcel numbers. 3. The conveyance language, which states the intention to transfer the property from the granter to the grantee. 4. Any special terms or conditions of the transfer, such as the purchase price, desired closing date, or any existing agreements between the parties. 5. The granting and warranty clauses, which outline the granter's limited warranty of the property. 6. Signatures of both the granter and the grantee, along with the date of execution. It is worth noting that there are different variations of limited warranty deeds within the Columbus Ohio area. These can include: 1. Limited Warranty Deed with Expanded Coverage: This type of deed provides a more extensive warranty, as the granter warrants against certain specific defects or encumbrances that may have occurred during their ownership. 2. Limited Warranty Deed in Trust: This form of limited warranty deed is used when the granter is transferring the property into a trust, allowing for specific provisions and conditions related to the trust. 3. Joint Limited Warranty Deed: When multiple individuals are transferring property to one or more individuals, a joint limited warranty deed is used to ensure each granter's limited warranty of the property. In conclusion, a Columbus Ohio Limited Warranty Deed from Individual to Individual is a legal document that guarantees the transfer of real property from one individual to another within the city of Columbus. It ensures that the property being transferred is free from any defects or encumbrances that occurred during the granter's ownership. The specific terms and variations of these deeds may vary, but they all aim to provide a level of protection and transparency in the transfer of property ownership.A Columbus Ohio Limited Warranty Deed from Individual to Individual is a legal document that transfers ownership of real property from one individual to another in the city of Columbus, Ohio. This type of deed guarantees that the property being transferred is free from any defects or encumbrances that occurred during the ownership of the granter. The Limited Warranty Deed provides a limited warranty, meaning that the granter guarantees the property against any claims arising only during their period of ownership. This differs from a General Warranty Deed, which guarantees the property against any claims throughout its entire history. By using this specific type of deed, the granter ensures that they have legal authority to transfer the property and that no undisclosed liens or claims exist. If any such claims are discovered in the future, the granter will be responsible for defending the grantee's ownership rights. When preparing a Columbus Ohio Limited Warranty Deed from Individual to Individual, it is important to include certain key information. These details typically include: 1. Names and addresses of both the granter (current property owner) and the grantee (new property owner). 2. A clear and accurate description of the property being transferred, including its legal description, address, and relevant parcel numbers. 3. The conveyance language, which states the intention to transfer the property from the granter to the grantee. 4. Any special terms or conditions of the transfer, such as the purchase price, desired closing date, or any existing agreements between the parties. 5. The granting and warranty clauses, which outline the granter's limited warranty of the property. 6. Signatures of both the granter and the grantee, along with the date of execution. It is worth noting that there are different variations of limited warranty deeds within the Columbus Ohio area. These can include: 1. Limited Warranty Deed with Expanded Coverage: This type of deed provides a more extensive warranty, as the granter warrants against certain specific defects or encumbrances that may have occurred during their ownership. 2. Limited Warranty Deed in Trust: This form of limited warranty deed is used when the granter is transferring the property into a trust, allowing for specific provisions and conditions related to the trust. 3. Joint Limited Warranty Deed: When multiple individuals are transferring property to one or more individuals, a joint limited warranty deed is used to ensure each granter's limited warranty of the property. In conclusion, a Columbus Ohio Limited Warranty Deed from Individual to Individual is a legal document that guarantees the transfer of real property from one individual to another within the city of Columbus. It ensures that the property being transferred is free from any defects or encumbrances that occurred during the granter's ownership. The specific terms and variations of these deeds may vary, but they all aim to provide a level of protection and transparency in the transfer of property ownership.
