Ohio Warranty Deed Form
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People also ask
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What is a warranty deed in Ohio?
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). This is in contrast to a quitclaim deed, where the seller does not guarantee that he or she holds perfect title to a piece of real estate.
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What is the most common type of warranty deed?
A general warranty deed is the most common type of deed used for transferring real estate. It basically promises that: not only does the seller have good and proper title to sell the property, but all the prior owners also had good title, thus making a complete “chain of ownership”; and.
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What is the difference between a quit claim deed and a warranty deed in Ohio?
The type of deed that is used in a real estate transaction will depend on the specific circumstances. For example, a general warranty deed is typically used in a purchase and sale transaction, while a quitclaim deed may be used when transferring property between family members.
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How much does a quit claim deed cost in Ohio?
Filing Fees Ohio charges a base filing fee of $34 for the first page of a document. If you have additional pages, you will need to pay an extra $8 for each page.
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How much does a warranty deed cost in Ohio?
Fiduciary Deed Must be reviewed/transferred by the Auditor. Fee: $34.00 for first 2 pages + $8.00 each additional page. *This covers Warranty Deed, Quit Claim Deed, Survivorship Deed, Administrator Deed, Fiduciary Deed, Commissioners Deed, Trustee Deed, Executor Deed, and Guardian Deed.
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What is the primary difference between a general warranty and a deed of trust?
A warranty deed ensures a buyer that the property is owned by the seller and is able to be sold without any encumbrances. A deed of trust is used in certain states, and represents a buyer's guarantee with their lender to repay the property loan as scheduled.
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What is the difference between a quit claim deed and a warranty deed in Ohio?
The type of deed that is used in a real estate transaction will depend on the specific circumstances. For example, a general warranty deed is typically used in a purchase and sale transaction, while a quitclaim deed may be used when transferring property between family members.
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Does Ohio have a special warranty deed?
Ohio Limited (Special) Warranty Deed. An Ohio limited warranty deed conveys property interests with a limited guarantee on the clarity of the title. The grantor is only guaranteeing that he or she did not encumber the property while he or she owned it.
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