Warranty Deed from two Individuals to LLC - Virginia 2025

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the names of the two individuals as 'Grantors' in the designated fields. Ensure that both names are spelled correctly and formatted consistently.
  3. Next, input the name of the Limited Liability Company (LLC) as 'Grantee'. This should be followed by specifying the state where the LLC is organized.
  4. In the property description section, provide a detailed description of the property being conveyed. If there is an attachment, indicate this clearly.
  5. Fill in any prior instrument references, including Book, Page, and Document numbers if applicable.
  6. Complete the signature section by having both Grantors sign and print their names. Ensure that all signatures are dated appropriately.
  7. Finally, include notary information at the bottom of the form. This includes signing and printing the notary's name along with their commission expiration date.

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Who Benefits the Most from Recording a Warranty Deed? The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.
The Quitclaim Deed: The quitclaim deed is the worst type of deed because it conveys no warranty whatsoever that the sellers title is good title or that there are no encumbrances on the property.
You dont need to file ownership transfer documents with the Virginia SCC unless the change affects public-facing company information. However, you must file an amendment to your Articles of Organization if the change affects: Your registered agent or registered office. Your principal business address.
The primary risk associated with a Special Warranty Deed lies in its scope of protection. This deed only covers the period the grantor owned the property, meaning the buyer takes on a risk of potential issues arising from before that period, which the grantor is not obliged to address.
The quitclaim deed simply transfers any interest they may have to the other party. Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.

People also ask

A general warranty deed is often considered the most common way to transfer real property.
Ownership may be transferred by preparation of a new deed, which has been properly signed. The new deed must be recorded in the Circuit Court Clerks Office where the real estate is located.
Disadvantages of Warranty Deeds Title companies will research the chain of deeds, past court judgments, and unpaid taxes before green-lighting the transfer. The grantor also remains on the hook long after the sale. If a forgotten lien surfaces, the buyer can pull the grantor into court for damages and legal fees.

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