Fill and Sign the Warranty Deed from Limited Partnership or Llc is the Grantor or Grantee Iowa Form

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF IOWA WARRANTY DEED [Limited Partnership or LLC as the Grantor, or Grantee] Control Number – IA - SDEED – 7 NOTE ABOUT COMPLETING THE FORMS The forms in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. If you do not see the gray shaded form fields, go the View menu, click on Toolbars, and then select Forms. This will open the forms toolbar. Look for the button on the forms toolbar that resembles a shaded letter “a”. Click in this button and the form fields will be visible. The forms are locked which means that the content of the forms cannot be changed. You can only fill in the information in the fields. If you need to make any changes in the body of the form, it is necessary for you “unlock” or “unprotect” the form. IF YOU INTEND TO MAKE CHANGES TO THE CONTENT, DO SO BEFORE YOU BEGIN TO FILL IN THE FIELDS. IF YOU UNLOCK THE DOCUMENT AFTER YOU HAVE BEGUN TO COMPLETE THE FIELDS, WHEN YOU RELOCK, ALL INFORMATION YOU ENTERED WILL BE LOST. To unlock click on “Tools” in the Menu bar and then selecting “unprotect document”. You may then be prompted to enter a password. If so, the password is “uslf”. That is uslf in lower case letters without the quotation marks . After you make the changes relock the document before you being to complete the fields. After any required changes and re-protecting the document, click on the first form field and enter the required information. You will be able to navigate through the document from form field to form field using your tab key. Tab to a form field and insert your data. If problems, please let us know. NOTES ON FILING THIS FORM 1. All conveyances of real estate must be accompanied by a Declaration of Value form, unless exempt pursuant to Chapter 428A of the Code of Iowa. In addition, all conveyances, including leases and subdivision plats require a Groundwater Hazard Statement. The Declaration of Value and instructions are available for download at: http://www.scottcountyiowa.com/recorder/forms.html The grantor must file a Groundwater Hazard Statement with the county clerk. This statement provides information to the buyer, and others, in regard to specific types of known hazards on the property. You may review the form at the following link: http://www.linncountyrecorder.com/Docs/realestatetransfer.pdf . 2. Statutory exemptions from transfer tax are in Iowa Code Chapter 428A.2 http://www.legis.state.ia.us/IACODE/2001SUPPLEMENT/428A/ 3. Do not use the legal description found on the tax statement. It is only an abbreviated description. You must use the entire legal description. This is best found on a prior deed or at the Recorder’s office. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Iowa. All Information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem we suggest that you consult an attorney. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U. S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Prepared By and After Recording Return to:                         Address Tax Statements to: (Name and Address):                         -------- Above This Line Reserved For Official Use Only--------       WARRANTY DEED (Limited Partnership or LLC is the Grantor, or Grantee) KNOW ALL MEN BY THESE PRESENTS THAT: FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged and confessed, and for which no lien, express or implied, does or shall exist, ________________________ , an individual, or ______________________________ and ______________________________ , individuals, or ______________________________ and ________________________ , Husband and Wife, or ________________________ , a Limited Liability Corporation organized and existing under the laws of the State of ________________________ , or ________________________ , a Limited Partnership organized and existing under the laws of the State of ________________________ , hereinafter called the "Grantor", whether one or more, hereby grants, conveys and warrants unto ________________________ , an individual, or ________________________ and ________________________ , individuals, or ________________________ and ________________________ , Husband and Wife, as joint tenants with right of survivorship, remainder to the survivor of them, their natural heirs and assigns forever tenants in common tenants by the entireties, or ________________________ , a Limited Liability Corporation organized and existing under the laws of the State of ________________________ , or ________________________ a Limited Partnership organized and existing under the laws of the State of ________________________ , hereinafter called the "Grantee", all that certain tract or parcel of land lying and being situated in the County of ________________________ , City of ________________________ , State of Iowa, and more particularly described as follows, to-wit: Describe Property of State "SEE DESCRIPTION ATTACHED" Prior instrument reference: Book ______ , Page ______ , Document No. ______ , of the County Clerk/Recorder of ______________________ County, Iowa. GRANTOR does for Grantor and Grantor’s heirs, personal representatives, executors and assigns forever hereby covenant with GRANTEE that Grantor is lawfully seized in fee simple of said premises; that the premises are free from all encumbrances, unless otherwise noted above; that Grantor has a good right to sell and convey the same as aforesaid; and to forever warrant and defend the title to the said lands against all claims whatever. Taxes for tax year ______ shall be prorated between Grantor and Grantee as of the date selected by Grantor and Grantee, or paid by Grantee, or paid by Grantor. The property herein conveyed is not a part of the homestead of Grantor, or is part of the homestead of Grantor and if Grantor is married, the conveyance is joined by both Husband and Wife. WITNESS Grantor(s) hand(s) this the ______ day of ____________ , 20 ______ . A. Signature and Acknowledgment - Individual(s) as Grantor: Signed, sealed and delivered in the presence of: Signature of Grantor Printed Name Post Office Address Signature of Grantor Printed Name Post Office Address STATE OF IOWA COUNTY OF __________________ On this _______ day of ________________________ , _______ , before me, a Notary Public, personally appeared ______________________________ , to me known to be the persons named in and who executed the foregoing instrument, and acknowledged that he/she/they executed the same as his/her/their voluntary act and deed. ______________________________ Notary Public Print Name: ________________________ (Seal, if any) My commission expires: ________________________ STATE OF IOWA COUNTY OF __________________ On this _______ day of ________________________ , _______ , before me, a Notary Public, personally appeared ______________________________ , to me known to be the persons named in and who executed the foregoing instrument, and acknowledged that he/she/they executed the same as his/her/their voluntary act and deed. ______________________________ Notary Public Print Name: ________________________ (Seal, if any) My commission expires: ________________________ B. Signature and Acknowledgment - LLC as Grantor: By: Print or Type Name Its: Title Secretary Print or Type Name On this ______ day of __________________ , 20 ______ , before me, the undersigned, a Notary Public in and for said State, personally appeared ______________________________ to me personally known, who, being by me duly sworn, did say that he/she is the manager of, or one of the managing members of ________________________ , a limited liability company, and that the instrument was signed on behalf of the limited liability company by authority of the members, and the manager or managing member acknowledged the execution of the instrument to be the voluntary act and deed of the limited liability company by it and by the manager or managing member voluntarily executed. (Seal, if any) Signature       Title C. Limited Partnership as Grantor A Limited Partnership By: General Partner Print or Type Name On this ______ day of __________________ , 20 ______ , before me, the undersigned, a Notary Public in and for said State, personally appeared ______________________________ to me personally known, who, being by me duly sworn, did say that he/she is the general partner of ________________________ , a limited partnership, and that the instrument was signed on behalf of the limited partnership by authority of the partners, and the general partner acknowledged the execution of the instrument to be the voluntary act and deed of the limited partnership by it and by the general partner voluntarily executed. Signature       Title of Officer [If there are two or more Grantees and they wish to hold the property as joint tenants or community property, with the rights of survivorship, add the following paragraph any where prior to the signature block, if not, just delete this and the following parapraph: TO HAVE AND TO HOLD to the said Grantees as [joint tenants][community property], with right of survivorship, their heirs, personal representatives, executors and assigns forever: it being the intention of the parties to this conveyance, that (unless the joint tenancy or community estate hereby created is severed or terminated during the joint lives of the grantees herein) in the event one Grantee herein survives the other, the entire interest in fee simple shall pass to the surviving Grantee, and if one does not survive the other, then the heirs and assigns of the Grantees herein shall take as tenants in common. ] Grantor(s) Name, Address and phone: Grantee(s) Name, Address and Phone: