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Ohio Limited Warranty Deed from two Individuals to Corporation

Deed Vs Warranty Deed

Name: Ohio Limited Warranty Deed from two Individuals to Corporation
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.66 (454 reviews)

Category:

Ohio Real Estate - Deeds - Warranty

State:

Ohio

Control #:

OH-05-79

Format:

Instant download

Description

This form is a Limited Warranty Deed where the Grantors are two individuals and the and the Grantee is a Corporation. Grantors convey and warrant the described property to the Grantee. Grantors warrant the property to be free of all liens and encumbrances made by and through the Grantors, and not otherwise. This deed complies with all state statutory laws.

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How to fill out Ohio Limited Warranty Deed From Two Individuals To Corporation?

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FAQ

Contrary to normal expectations, the Deed DOES NOT have to be recorded to be effective or to show delivery, and because of that, the Deed DOES NOT have to be signed in front of a Notary Public. However, if you plan to record it, then it does have to be notarized as that is a County Recorder requirement.

Ohio Deeds: Warranty Deeds A warranty deed is a type of deed where the grantor (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer).

The Deed Transfer Department transfers the owner's name and address on the real estate tax list and duplicate. The department also collects the transfer tax/ conveyance fee ($4.00 per $1,000 of sale price) and the transfer fee ($. 50 per parcel).

To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

Go to the Deed Transfer Department to obtain a transfer form for a quit claim deed or warranty deed. Take the form, along with the person to whom the the property is being transferred, to a notary public. Take the form back to the Deed Transfer Department and turn it in to the County Auditor.

The Ohio limited warranty deed is similar to a warranty deed in that it conveys property interests with a guarantee. However, unlike a warranty deed, the grantor is only guaranteeing that he or she did not encumber the property while he or she owned it.

A special warranty deed to real estate offers protection to the buyer through the seller's guarantee that the title has been free and clear of encumbrances during their ownership of the property. It does not guarantee clear title beyond their ownership.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

Limited Warranty Deeds In a Limited Warranty Deed, the seller usually gives two warranties. The seller only warrants to the buyer that: The seller personally has not done anything to the title that the seller received.

Deed Vs Warranty Deed

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How to fill out Ohio Limited Warranty Deed From Two Individuals To Corporation?

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FAQ

Does a warranty deed need to be recorded?

What is a warranty deed in Ohio?

How much does it cost to transfer a deed in Ohio?

How do I add my spouse to my deed in Ohio?

How do you transfer a deed in Ohio?

What is a limited warranty deed in Ohio?

Why would you use a special warranty deed?

Does a warranty deed mean you own the property?

What does a limited warranty deed mean?

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