Fort Worth Texas Lady Bird or Enhanced Life Estate Warranty Deed - Individual to Individual

State:
Texas
City:
Fort Worth
Control #:
TX-01-83
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty Deed with a retained Enhanced Life Estate where the Grantor is an individual and the Grantee is an individual. This form is also known as a "Lady Bird" Deed. Grantor conveys the property to Grantee subject to an enhanced retained life estate. The Grantor retains the right to sell, encumber, mortgage or otherwise impair the interest Grantee might receive in the future, without joinder or notice to Grantee, with the exception of the right to transfer the property by will. This deed complies with all state statutory laws.

The Fort Worth Texas Lady Bird or Enhanced Life Estate Warranty Deed — Individual to Individual is a legal document used in real estate transactions specifically in Fort Worth, Texas. This type of deed provides a guarantee of ownership and a level of protection for the transfer of property from one individual to another. The Lady Bird or Enhanced Life Estate Warranty Deed is named after Lady Bird Johnson, the First Lady of the United States from 1963 to 1969. It is also known as an Enhanced Life Estate Deed because it adds additional features and benefits compared to a traditional life estate deed. Keywords: 1. Fort Worth: Refers to the specific city in Texas where this type of deed is commonly used. 2. Texas: Indicates that this deed is governed by Texas state laws and regulations. 3. Lady Bird: Named after Lady Bird Johnson, this variation of the deed includes additional provisions and rights for the granter. 4. Enhanced Life Estate: Describes a type of life estate deed that offers more benefits and options than the standard life estate deed. 5. Warranty Deed: This term signifies that the deed guarantees the granter's title to the property, promising that it is free of any liens or encumbrances. 6. Individual to Individual: This type of deed involves the transfer of property ownership between two individuals, excluding any business entities or organizations. Different types of Fort Worth Texas Lady Bird or Enhanced Life Estate Warranty Deed — Individual to Individual may include: 1. Enhanced Life Estate Deed with Full Warranty: This version provides the highest level of protection for the grantee by ensuring a clean and marketable title, with the granter assuming responsibility for any defects or claims. 2. Enhanced Life Estate Deed with Limited Warranty: This variation offers a limited warranty, meaning that the granter guarantees the title except for any known defects. The granter is not responsible for any undisclosed or unknown issues. 3. Enhanced Life Estate Deed without Warranty: This type of deed is more commonly used when the granter does not want to provide any warranty or guarantee of the property's title. The grantee assumes full responsibility for any defects or claims. In conclusion, the Fort Worth Texas Lady Bird or Enhanced Life Estate Warranty Deed — Individual to Individual is a legal document specific to real estate transactions in Fort Worth, Texas. It guarantees ownership and offers additional benefits compared to a standard life estate deed. There are variations of this deed, including those with full warranty, limited warranty, and without warranty, each offering different levels of protection and responsibilities for the parties involved in the transaction.

The Fort Worth Texas Lady Bird or Enhanced Life Estate Warranty Deed — Individual to Individual is a legal document used in real estate transactions specifically in Fort Worth, Texas. This type of deed provides a guarantee of ownership and a level of protection for the transfer of property from one individual to another. The Lady Bird or Enhanced Life Estate Warranty Deed is named after Lady Bird Johnson, the First Lady of the United States from 1963 to 1969. It is also known as an Enhanced Life Estate Deed because it adds additional features and benefits compared to a traditional life estate deed. Keywords: 1. Fort Worth: Refers to the specific city in Texas where this type of deed is commonly used. 2. Texas: Indicates that this deed is governed by Texas state laws and regulations. 3. Lady Bird: Named after Lady Bird Johnson, this variation of the deed includes additional provisions and rights for the granter. 4. Enhanced Life Estate: Describes a type of life estate deed that offers more benefits and options than the standard life estate deed. 5. Warranty Deed: This term signifies that the deed guarantees the granter's title to the property, promising that it is free of any liens or encumbrances. 6. Individual to Individual: This type of deed involves the transfer of property ownership between two individuals, excluding any business entities or organizations. Different types of Fort Worth Texas Lady Bird or Enhanced Life Estate Warranty Deed — Individual to Individual may include: 1. Enhanced Life Estate Deed with Full Warranty: This version provides the highest level of protection for the grantee by ensuring a clean and marketable title, with the granter assuming responsibility for any defects or claims. 2. Enhanced Life Estate Deed with Limited Warranty: This variation offers a limited warranty, meaning that the granter guarantees the title except for any known defects. The granter is not responsible for any undisclosed or unknown issues. 3. Enhanced Life Estate Deed without Warranty: This type of deed is more commonly used when the granter does not want to provide any warranty or guarantee of the property's title. The grantee assumes full responsibility for any defects or claims. In conclusion, the Fort Worth Texas Lady Bird or Enhanced Life Estate Warranty Deed — Individual to Individual is a legal document specific to real estate transactions in Fort Worth, Texas. It guarantees ownership and offers additional benefits compared to a standard life estate deed. There are variations of this deed, including those with full warranty, limited warranty, and without warranty, each offering different levels of protection and responsibilities for the parties involved in the transaction.

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Fort Worth Texas Lady Bird or Enhanced Life Estate Warranty Deed - Individual to Individual