This form is a Special Warranty Deed where the Grantor is a corporation 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 Carrollton Texas Special Warranty Deed — Corporation to Corporation is a legal document that facilitates the transfer of property ownership from one corporation to another. This type of deed offers limited warranties and guarantees only against claims or actions that occurred during the time the transferring corporation owned the property. In Carrollton, Texas, there are two distinct types of Special Warranty Deeds — Corporation to Corporation: 1. General Carrollton Texas Special Warranty Deed — Corporation to Corporation: This type of deed transfers property ownership from one corporation to another, providing limited warranties against any claims arising from actions or omissions made by the transferring corporation during its ownership period. It ensures the buyer that the property is being transferred without any encumbrances other than those stated in the deed. 2. Financial Carrollton Texas Special Warranty Deed — Corporation to Corporation: This specialized type of Special Warranty Deed usually involves financial institutions or corporations dealing specifically with real estate transactions. It offers limited warranties against any claims or actions that arose during the period of the transferring corporation's ownership. Additionally, this type of deed may include provisions specific to financial transactions and may require additional disclosures or compliance with regulatory requirements. Overall, the Carrollton Texas Special Warranty Deed — Corporation to Corporation provides a legal framework to transfer property ownership between corporations while providing limited protection against any claims or actions arising from the transferring corporation's ownership period. It is crucial for both the transferring and acquiring corporations to thoroughly review and understand the terms and limitations outlined in the deed before completing the transaction to ensure a smooth and legally compliant transfer.A Carrollton Texas Special Warranty Deed — Corporation to Corporation is a legal document that facilitates the transfer of property ownership from one corporation to another. This type of deed offers limited warranties and guarantees only against claims or actions that occurred during the time the transferring corporation owned the property. In Carrollton, Texas, there are two distinct types of Special Warranty Deeds — Corporation to Corporation: 1. General Carrollton Texas Special Warranty Deed — Corporation to Corporation: This type of deed transfers property ownership from one corporation to another, providing limited warranties against any claims arising from actions or omissions made by the transferring corporation during its ownership period. It ensures the buyer that the property is being transferred without any encumbrances other than those stated in the deed. 2. Financial Carrollton Texas Special Warranty Deed — Corporation to Corporation: This specialized type of Special Warranty Deed usually involves financial institutions or corporations dealing specifically with real estate transactions. It offers limited warranties against any claims or actions that arose during the period of the transferring corporation's ownership. Additionally, this type of deed may include provisions specific to financial transactions and may require additional disclosures or compliance with regulatory requirements. Overall, the Carrollton Texas Special Warranty Deed — Corporation to Corporation provides a legal framework to transfer property ownership between corporations while providing limited protection against any claims or actions arising from the transferring corporation's ownership period. It is crucial for both the transferring and acquiring corporations to thoroughly review and understand the terms and limitations outlined in the deed before completing the transaction to ensure a smooth and legally compliant transfer.