This form is a General Warranty Deed where the Grantor is an individual and the Grantees are four individuals. The Grantor reserves a life estate. The Grantees take the property as joint tenants with the right of survivorship or as tenants in common. Grantor conveys and generally warrants the described property to the Grantees. This deed complies with all state statutory laws.
The San Antonio Texas General Warranty Deed — One Individual to Four Individuals with reserved Life Estate in Granter is a legal document used in real estate transactions to transfer ownership of a property from one individual to four individuals, while the granter (the person transferring the property) reserves the right to live in and use the property for the rest of their life. This type of deed provides a guarantee to the four individuals (grantees) that the property is free from any claims or liens, and that the granter has full authority to transfer the property. It is generally used when one individual wants to transfer their property to multiple individuals, such as family members or friends, while retaining the right to live in the property until their death. The deed will include the names of the granter and the four grantees, as well as a detailed legal description of the property being transferred. The legal description typically includes information such as the property's address, lot number, and any relevant survey or subdivision details. Additionally, the deed will contain language stating that the granter reserves a life estate in the property, meaning they have the right to reside in and use the property throughout their lifetime. This life estate is typically non-transferable and cannot be sold or gifted to another individual. It's important to note that different variations of this General Warranty Deed may exist, depending on specific circumstances or requirements. For example, there could be variations based on the number of individuals involved or the nature of the life estate. It is recommended to seek legal advice or consult with a real estate professional to determine the appropriate type of General Warranty Deed for your specific situation in San Antonio, Texas.The San Antonio Texas General Warranty Deed — One Individual to Four Individuals with reserved Life Estate in Granter is a legal document used in real estate transactions to transfer ownership of a property from one individual to four individuals, while the granter (the person transferring the property) reserves the right to live in and use the property for the rest of their life. This type of deed provides a guarantee to the four individuals (grantees) that the property is free from any claims or liens, and that the granter has full authority to transfer the property. It is generally used when one individual wants to transfer their property to multiple individuals, such as family members or friends, while retaining the right to live in the property until their death. The deed will include the names of the granter and the four grantees, as well as a detailed legal description of the property being transferred. The legal description typically includes information such as the property's address, lot number, and any relevant survey or subdivision details. Additionally, the deed will contain language stating that the granter reserves a life estate in the property, meaning they have the right to reside in and use the property throughout their lifetime. This life estate is typically non-transferable and cannot be sold or gifted to another individual. It's important to note that different variations of this General Warranty Deed may exist, depending on specific circumstances or requirements. For example, there could be variations based on the number of individuals involved or the nature of the life estate. It is recommended to seek legal advice or consult with a real estate professional to determine the appropriate type of General Warranty Deed for your specific situation in San Antonio, Texas.
