General Warranty Deed (Ohio)

The General Warranty Deed (Ohio) legal template is a document that outlines the transfer of real property ownership in the state of Ohio. It provides a comprehensive guarantee from the seller, known as the grantor, to the buyer, known as the grantee, ensuring that the property is free from any defects in title. The template includes various sections and clauses that address the specific requirements and regulations in Ohio, making it suitable for use in the state.

In the General Warranty Deed, the template typically includes the names and addresses of both the grantor and grantee, a detailed description of the property being transferred, and the consideration or purchase price agreed upon. Furthermore, it states that the grantor has lawful ownership and the legal right to transfer the property, and warrants that the property is free of any liens, encumbrances, or undisclosed claims against it.

The template also specifies that the grantor will defend the grantee's title against any adverse claims that may arise in the future, and they will compensate the grantee for any financial losses incurred due to a defect in the title. This warranty extends beyond the grantor's period of ownership, allowing the grantee to seek legal recourse if any breach of warranty is discovered later on.

The General Warranty Deed (Ohio) legal template is typically used during real estate transactions, such as buying or selling a residential or commercial property, to ensure a clear and unencumbered transfer of ownership. It offers protection and peace of mind to both parties involved in the transaction, as it guarantees the grantee's ownership rights and provides remedies in case of any future disputes over the property's title.