Warranty Deed Ohio Form
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People also ask
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How can I get the warranty deed for my property?
You can obtain a warranty deed through your real estate agent's office or download an online template. All warranty deeds must include the date of the transaction, the name of the parties involved, a legal description of the property being transferred, a list of title defects and the signatures of the buyers.
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What are the types of property ownership in Ohio?
Ohio recognizes three basic types of ownership: sole ownership, joint tenants, and tenants in common. In this type of ownership, one individual or entity owns the property completely with no other tenants.
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What type of deed is most commonly used?
A warranty deed is a transfer of title where the seller pledges to the buyer that the property is owned free and clear of all liens. This deed is the most commonly used deed with the issuance of title insurance.
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What is the best type of deed to get?
A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.
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What are the different types of deeds in Ohio?
Six Commonly Used Deed in Ohio General Warranty Deed. The most common form of deed used in Ohio is a General Warranty Deed. ... Limited Warranty Deed. ... Quit Claim Deed. ... Fiduciary Deed. ... Joint and Survivorship Deed. ... Transfer on Death Designation Affidavit.
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Does Ohio have special warranty deeds?
In Ohio, land ownership can be conveyed by a deed in several ways. The most common types of deeds used in Ohio to transfer property include a general warranty deed, a limited warranty deed (sometimes called a “special warranty deed”), a quitclaim deed, a survivorship deed, and a fiduciary deed.
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What is a warranty deed used for?
A warranty deed is a document sometimes used in real estate, which offers the buyer of property the greatest amount of insurance. It guarantees or warrants that the property is owned by the owner free of any unpaid liens, mortgages, or other obligations against it.
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What are the four types of deeds?
There are four commonly seen deed categories: Quit Claim, Warranty, Special Warranty, and In Trust Deeds. When buying or selling real estate, it is important to understand the differences in each type of deed.
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