Ohio Code 5302.09 – Deed of executor, administrator, trustee, guardian, receiver, or commissioner form
A deed in substance following the form set forth in this section, when duly executed in accordance with Chapter 5301 of the Revised Code, has the force and effect of a deed in fee simple to the grantee, the grantee’s heirs, assigns, and successors, to the grantee’s and the grantee’s heirs’, assigns’, and successors’ own use, with covenants on the part of the grantor with the grantee, the grantee’s heirs, assigns, and successors, that, at the time of the delivery of that deed, the grantor was duly appointed, qualified, and acting in the fiduciary capacity described in that deed, and was duly authorized to make the sale and conveyance of the premises; that in all of the grantor’s proceedings in the sale of the premises the grantor has complied with the requirements of the statutes in such case provided.
Terms Used In Ohio Code 5302.09
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Executor: A male person named in a will to carry out the decedent
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
- Fiduciary: A trustee, executor, or administrator.
- Grantor: The person who establishes a trust and places property into it.
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Trustee: A person or institution holding and administering property in trust.
“DEED OF EXECUTOR, ADMINISTRATOR, TRUSTEE,
GUARDIAN, RECEIVER, OR COMMISSIONER
__________, executor of the will of ________________, (administrator of the estate of ________) (trustee under _______) (guardian of ________) (receiver of ________) (commissioner), by the power conferred by __________, and every other power, for ________ dollars paid, grants, with fiduciary covenants, to __________, whose tax-mailing address is _________, the following real property:
(description of land or interest therein and encumbrances, reservations, and exceptions, if any)
Prior Instrument Reference: Volume _____, Page _____
Executed this _______________ day of ________________
_______________________________
(Signature of Grantor)
(Execution in accordance with Chapter 5301 of the Revised Code)”