This form is a Warranty Deed where the grantors are nine individuals and the grantee is an estate. Grantors convey and warrant the described property to the grantee. This deed complies with all state statutory laws.
A Grand Prairie Texas Warranty Deed — Nine Individuals to an Estate is a legal document that transfers ownership of property located in Grand Prairie, Texas from nine individuals to an estate. This type of warranty deed ensures the new owner, the estate, receives clear and marketable title to the property, guaranteeing protection against any claims or disputes regarding ownership. The deed serves as proof of the transfer and is recorded in the county where the property is located, making it a permanent and public record. It includes important details such as the names of the nine individuals transferring the property, the estate as the recipient, a legal description of the property, and the consideration (price) paid for the transfer. This type of warranty deed is commonly used in cases where a group of individuals jointly own property and wish to transfer their ownership interests to an estate. It is particularly useful in estate planning, probate proceedings, or when preparing for the future transfer of the property to beneficiaries. Different versions of this type of warranty deed may include variations in language, terms, or additional provisions depending on specific circumstances. For example, there might be a "Grand Prairie Texas Warranty Deed — Nine Individuals to an Estate with Survivorship Rights," which designates that if one individual passes away, their interest in the property automatically transfers to the remaining co-owners. Another variation may be a "Grand Prairie Texas Warranty Deed — Nine Individuals to an Estate without Survivorship Rights," which allows each individual's interest to be transferred independently upon their death. In summary, a Grand Prairie Texas Warranty Deed — Nine Individuals to an Estate is a legal document that facilitates the transfer of property ownership from nine individuals to an estate with the assurance of clear title. It is an essential tool in estate planning and property transfer, protecting the interests of both the transferring individuals and the recipient estate.A Grand Prairie Texas Warranty Deed — Nine Individuals to an Estate is a legal document that transfers ownership of property located in Grand Prairie, Texas from nine individuals to an estate. This type of warranty deed ensures the new owner, the estate, receives clear and marketable title to the property, guaranteeing protection against any claims or disputes regarding ownership. The deed serves as proof of the transfer and is recorded in the county where the property is located, making it a permanent and public record. It includes important details such as the names of the nine individuals transferring the property, the estate as the recipient, a legal description of the property, and the consideration (price) paid for the transfer. This type of warranty deed is commonly used in cases where a group of individuals jointly own property and wish to transfer their ownership interests to an estate. It is particularly useful in estate planning, probate proceedings, or when preparing for the future transfer of the property to beneficiaries. Different versions of this type of warranty deed may include variations in language, terms, or additional provisions depending on specific circumstances. For example, there might be a "Grand Prairie Texas Warranty Deed — Nine Individuals to an Estate with Survivorship Rights," which designates that if one individual passes away, their interest in the property automatically transfers to the remaining co-owners. Another variation may be a "Grand Prairie Texas Warranty Deed — Nine Individuals to an Estate without Survivorship Rights," which allows each individual's interest to be transferred independently upon their death. In summary, a Grand Prairie Texas Warranty Deed — Nine Individuals to an Estate is a legal document that facilitates the transfer of property ownership from nine individuals to an estate with the assurance of clear title. It is an essential tool in estate planning and property transfer, protecting the interests of both the transferring individuals and the recipient estate.