This form is a Warranty Deed where the Grantor is an LLC and the Grantees are Husband and Wife, or two Individuals. Grantor conveys and warrants the described property to Grantees. This deed complies with all state statutory laws.
A Round Rock Texas Warranty Deed from Limited Liability Company to Husband and Wife / Two Individuals is a legal document that transfers ownership of a property from a limited liability company (LLC) to a husband and wife or two individuals. This type of deed is commonly used when individuals, who may or may not be married, want to acquire a property that is owned by an LLC. The Round Rock Texas Warranty Deed provides a comprehensive guarantee that the property being transferred is free from any encumbrances, except those specifically mentioned in the deed. It ensures that the LLC, as the granter, has the legal right to sell the property and that the buyer, as the grantee, will receive full ownership and title. There are a few different variations of the Round Rock Texas Warranty Deed from Limited Liability Company to Husband and Wife / Two Individuals, each suited to specific situations: 1. General Round Rock Texas Warranty Deed: This is the most commonly used type of deed. It specifies the names of the husband and wife or the two individuals, as well as the LLC's name. It also includes a detailed legal description of the property, ensuring accurate identification. 2. Round Rock Texas Warranty Deed with Survivorship Rights: This type of deed is often chosen by married couples who wish to ensure that upon the death of one spouse, the surviving spouse automatically becomes the sole owner of the property, without the need for probate. 3. Round Rock Texas Warranty Deed with Joint Tenancy: Similar to the above, this type of deed also includes survivorship rights. However, it is commonly used in situations where two individuals who are not married want to share equal ownership of a property, with rights of survivorship. 4. Round Rock Texas Warranty Deed with Tenants in Common: This variation allows for two individuals to own the property jointly, but without the automatic right of survivorship. Each individual holds a distinct share of the property, which can be passed on to heirs upon their death. It is important to consult with a qualified real estate attorney when dealing with any type of warranty deed to ensure that the transaction is legally sound and properly executed. Additionally, it is recommended to conduct a title search to verify the property's ownership and any potential liens or encumbrances before finalizing the transfer.A Round Rock Texas Warranty Deed from Limited Liability Company to Husband and Wife / Two Individuals is a legal document that transfers ownership of a property from a limited liability company (LLC) to a husband and wife or two individuals. This type of deed is commonly used when individuals, who may or may not be married, want to acquire a property that is owned by an LLC. The Round Rock Texas Warranty Deed provides a comprehensive guarantee that the property being transferred is free from any encumbrances, except those specifically mentioned in the deed. It ensures that the LLC, as the granter, has the legal right to sell the property and that the buyer, as the grantee, will receive full ownership and title. There are a few different variations of the Round Rock Texas Warranty Deed from Limited Liability Company to Husband and Wife / Two Individuals, each suited to specific situations: 1. General Round Rock Texas Warranty Deed: This is the most commonly used type of deed. It specifies the names of the husband and wife or the two individuals, as well as the LLC's name. It also includes a detailed legal description of the property, ensuring accurate identification. 2. Round Rock Texas Warranty Deed with Survivorship Rights: This type of deed is often chosen by married couples who wish to ensure that upon the death of one spouse, the surviving spouse automatically becomes the sole owner of the property, without the need for probate. 3. Round Rock Texas Warranty Deed with Joint Tenancy: Similar to the above, this type of deed also includes survivorship rights. However, it is commonly used in situations where two individuals who are not married want to share equal ownership of a property, with rights of survivorship. 4. Round Rock Texas Warranty Deed with Tenants in Common: This variation allows for two individuals to own the property jointly, but without the automatic right of survivorship. Each individual holds a distinct share of the property, which can be passed on to heirs upon their death. It is important to consult with a qualified real estate attorney when dealing with any type of warranty deed to ensure that the transaction is legally sound and properly executed. Additionally, it is recommended to conduct a title search to verify the property's ownership and any potential liens or encumbrances before finalizing the transfer.
