Limited Warranty Deed

• Special circumstances-seller only warrants title as to period that he held title-not responsible for matters previous to seller's acquisition.
  
• Often used on commercial transactions where seller and buyer agree to rely on title insurance for protection but require seller to account, if necessary, for matters occurring during seller's ownership.
  
• Also may be used where seller is not in a position to make warranties as to entire history of title. Perhaps title taken by foreclosure, in settlement of a debt, etc.
  
• Otherwise, same as General Warranty Deed
  
  

 

Forms of Deeds in Ohio

• General Warranty Deed
• Limited Warranty Deed
• Warranty Deed Creating Tenants in Common with the Right of Survivorship
  (Joint and Survivorship Deed)
• Quit Claim Deed
• Special Purpose Deeds
• Warranty Deed Creating Transfer on Death Beneficiary