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Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee - South Carolina

Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee - South Carolina 2025

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The document is a General Warranty Deed for the State of South Carolina, prepared by U.S. Legal Forms, Inc. It provides instructions on completing the deed forms, including requirements for signatures, notarization, and filing procedures. The document outlines necessary clauses such as Affidavits of Probate, descriptions of property, and exemptions from recording fees. It emphasizes the importance of original signatures and legal descriptions in real estate transactions.

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Who will be in title on the warranty deed?

A warranty deed is a legal document used when a piece of real estate is sold and the ownership is transferred from the grantor (seller) to the grantee (buyer). The form usually includes a description of the property and discloses all known encumbrances like easements, outstanding liens or judgments.

Who is the grantee on a warranty deed?

The Grantee is the buyer, recipient, new owner, or lien holder. When vs. appears on legal documents, the Grantor is on the bottom, the Grantee is on the top.

What is a warranty deed in South Carolina?

Types of Deeds in South Carolina Warranty deeds provide protection to the buyer in the form of a warranty by the seller that guarantees no issues with the title. Limited warranty deeds provide a guarantee that nothing has happened with the title during the time the seller has owned the property.

Who are the parties to a warranty deed?

The two parties involved in a warranty deed are the seller, known as the grantor, and the buyer, or the grantee, and either party can be an individual or a business. Most lenders require a warranty deed for properties they finance.

What type of deed provides a warranty to the grantee protecting the grantee against any claim from all mankind?

Of all real estate deeds, general warranty deeds provide the most protection to the grantee (buyer). This deed guarantees that the grantor (seller) holds clear title and has the right to sell the property.

Who is the grantor and grantee on a warranty deed?

The Definition Of Grantor And Grantee Mortgage agreements: The lender (grantor) provides funds, and the borrower (grantee) receives them. Trusts: The trust creator (grantor) transfers assets to a beneficiary (grantee). Property deeds: The seller (grantor) transfers ownership to the buyer (grantee).

Warranty Deed from Limited Partnership or LLC is the Grantor, or Grantee - South Carolina 2025

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