This form is a Special Warranty Deed where the grantor is an individual and the grantee is a corporation. Grantor conveys and specially warrants the described property to the grantee. The grantor only warrants and will defend the property only as to claims of persons claiming by, through or under grantor, but not otherwise. This deed complies with all state statutory laws.
A Houston Texas Special Warranty Deed — Individual to Corporation is a legal document that allows an individual owner to transfer property rights to a corporation through a special warranty. This deed is commonly used in Houston, Texas when an individual wishes to transfer ownership of real estate assets to a corporation. A special warranty deed differs from a general warranty deed in that it only offers limited protection to the buyer. The individual (granter) guarantees that during their period of ownership, there were no title defects or encumbrances, but does not provide any guarantees for previous owners or actions that occurred before their ownership. This means that if any issues arise from previous owners, the corporation (grantee) may not be fully protected. When executing a Houston Texas Special Warranty Deed — Individual to Corporation, both parties involved must be identified, including their legal names and addresses. The deed should clearly outline the property being transferred, providing a legal description and including any specific improvements or structures. It should also specify the exact terms and conditions of the transfer, including any considerations or payment involved. It is important to note that there may be different variants of the Houston Texas Special Warranty Deed — Individual to Corporation, depending on the specific purpose or circumstances of the transfer. For example, there could be variations for commercial properties, residential properties, or different types of corporations. These variations would include the necessary clauses and provisions specific to the particular transfer, ensuring that all relevant legal requirements are met. Overall, a Houston Texas Special Warranty Deed — Individual to Corporation is a legally binding document that enables an individual to transfer ownership of real estate to a corporation. It provides limited protection to the grantee, as the granter only guarantees the absence of title defects or encumbrances during their ownership period. Different variations of this deed may exist, tailored to different property types or circumstances of the transfer.A Houston Texas Special Warranty Deed — Individual to Corporation is a legal document that allows an individual owner to transfer property rights to a corporation through a special warranty. This deed is commonly used in Houston, Texas when an individual wishes to transfer ownership of real estate assets to a corporation. A special warranty deed differs from a general warranty deed in that it only offers limited protection to the buyer. The individual (granter) guarantees that during their period of ownership, there were no title defects or encumbrances, but does not provide any guarantees for previous owners or actions that occurred before their ownership. This means that if any issues arise from previous owners, the corporation (grantee) may not be fully protected. When executing a Houston Texas Special Warranty Deed — Individual to Corporation, both parties involved must be identified, including their legal names and addresses. The deed should clearly outline the property being transferred, providing a legal description and including any specific improvements or structures. It should also specify the exact terms and conditions of the transfer, including any considerations or payment involved. It is important to note that there may be different variants of the Houston Texas Special Warranty Deed — Individual to Corporation, depending on the specific purpose or circumstances of the transfer. For example, there could be variations for commercial properties, residential properties, or different types of corporations. These variations would include the necessary clauses and provisions specific to the particular transfer, ensuring that all relevant legal requirements are met. Overall, a Houston Texas Special Warranty Deed — Individual to Corporation is a legally binding document that enables an individual to transfer ownership of real estate to a corporation. It provides limited protection to the grantee, as the granter only guarantees the absence of title defects or encumbrances during their ownership period. Different variations of this deed may exist, tailored to different property types or circumstances of the transfer.