This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is a limited liability company. 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 San Antonio Texas Special Warranty Deed — Individual to LLC is a legal document that transfers ownership of a real property from an individual to a limited liability company (LLC) with a special warranty. This type of deed is commonly used in real estate transactions in San Antonio, Texas, and it provides certain assurances to the LLC regarding the condition of the property. The Special Warranty Deed guarantees that the property owner, the individual, will only defend the title against any claims or encumbrances that arose during their ownership. In other words, the individual seller is not responsible for any issues that may have existed before they acquired the property. This differs from a general warranty deed, which provides a more extensive level of protection for the buyer by guaranteeing the title's history from the property's origin. This type of deed is typically used when an individual wants to transfer ownership of a property to an LLC that they either own or are a member of. By transferring the property to an LLC, the individual can enjoy certain benefits, such as limited liability protection and potential tax advantages. There may be variations of the San Antonio Texas Special Warranty Deed — Individual to LLC based on specific circumstances or additional provisions included in the document. For example, if the transfer involves multiple individuals as sellers, the deed may be referred to as the San Antonio Texas Special Warranty Deed — Individuals to LLC. The specific variations will depend on the parties involved, the terms of the transaction, and any additional agreements or considerations agreed upon by the parties. Overall, the San Antonio Texas Special Warranty Deed — Individual to LLC is a legal instrument that facilitates the transfer of ownership from an individual to an LLC, providing certain assurances regarding the ownership history of the property. It serves as an important document in real estate transactions, ensuring both the individual seller and the LLC buyer have clarity on the ownership rights and potential encumbrances tied to the property.A San Antonio Texas Special Warranty Deed — Individual to LLC is a legal document that transfers ownership of a real property from an individual to a limited liability company (LLC) with a special warranty. This type of deed is commonly used in real estate transactions in San Antonio, Texas, and it provides certain assurances to the LLC regarding the condition of the property. The Special Warranty Deed guarantees that the property owner, the individual, will only defend the title against any claims or encumbrances that arose during their ownership. In other words, the individual seller is not responsible for any issues that may have existed before they acquired the property. This differs from a general warranty deed, which provides a more extensive level of protection for the buyer by guaranteeing the title's history from the property's origin. This type of deed is typically used when an individual wants to transfer ownership of a property to an LLC that they either own or are a member of. By transferring the property to an LLC, the individual can enjoy certain benefits, such as limited liability protection and potential tax advantages. There may be variations of the San Antonio Texas Special Warranty Deed — Individual to LLC based on specific circumstances or additional provisions included in the document. For example, if the transfer involves multiple individuals as sellers, the deed may be referred to as the San Antonio Texas Special Warranty Deed — Individuals to LLC. The specific variations will depend on the parties involved, the terms of the transaction, and any additional agreements or considerations agreed upon by the parties. Overall, the San Antonio Texas Special Warranty Deed — Individual to LLC is a legal instrument that facilitates the transfer of ownership from an individual to an LLC, providing certain assurances regarding the ownership history of the property. It serves as an important document in real estate transactions, ensuring both the individual seller and the LLC buyer have clarity on the ownership rights and potential encumbrances tied to the property.