This form is a Special Warranty Deed where the Grantors are two individuals and the Grantees are three individuals. Grantors convey and specially warrant the described property to the Grantees. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.
A Special Warranty Deed, specific to Dallas, Texas, is a legal document that transfers ownership of a property from two individuals to three individuals, offering limited guarantees and protections. This type of deed is commonly used during real estate transactions in Dallas and ensures that the sellers (granters) have the right to transfer the property to the buyers (grantees). In Dallas, there are two main types of Special Warranty Deeds from Two Individuals to Three Individuals: 1. General Special Warranty Deed: A general special warranty deed in Dallas, Texas, is a legal document used when two individuals, typically the current owners or sellers, agree to transfer the ownership of a property to three individuals, the prospective buyers or grantees. This deed guarantees that the granters will defend and protect the grantee against any claims or issues that may arise during their period of ownership, but only for the duration of time the granters owned the property. It does not protect against any potential issues that may have occurred prior to their ownership. 2. Limited Special Warranty Deed: Unlike the general special warranty deed, the limited special warranty deed offers a more restricted level of protection to the grantees. This type of deed is used when the granters are uncertain about the history of the property ownership or the condition of the title during their ownership. It provides the same guarantees as the general special warranty deed but only for the time period in which the granters held the title to the property. When utilizing a Dallas Texas Special Warranty Deed from Two Individuals to Three Individuals, it is essential to include relevant details such as the legal description of the property, the names and contact information of both the granters and grantees, the purchase price or consideration exchanged, and any restrictions or conditions regarding the property transfer. Overall, a Special Warranty Deed in Dallas, Texas, is a legally binding document that ensures the transfer of ownership rights from two individuals to three individuals. It offers limited guarantees and protections based on the granters' ownership period. Whether a general or limited special warranty deed is employed primarily depends on the granters' confidence and knowledge regarding the history of property ownership.A Special Warranty Deed, specific to Dallas, Texas, is a legal document that transfers ownership of a property from two individuals to three individuals, offering limited guarantees and protections. This type of deed is commonly used during real estate transactions in Dallas and ensures that the sellers (granters) have the right to transfer the property to the buyers (grantees). In Dallas, there are two main types of Special Warranty Deeds from Two Individuals to Three Individuals: 1. General Special Warranty Deed: A general special warranty deed in Dallas, Texas, is a legal document used when two individuals, typically the current owners or sellers, agree to transfer the ownership of a property to three individuals, the prospective buyers or grantees. This deed guarantees that the granters will defend and protect the grantee against any claims or issues that may arise during their period of ownership, but only for the duration of time the granters owned the property. It does not protect against any potential issues that may have occurred prior to their ownership. 2. Limited Special Warranty Deed: Unlike the general special warranty deed, the limited special warranty deed offers a more restricted level of protection to the grantees. This type of deed is used when the granters are uncertain about the history of the property ownership or the condition of the title during their ownership. It provides the same guarantees as the general special warranty deed but only for the time period in which the granters held the title to the property. When utilizing a Dallas Texas Special Warranty Deed from Two Individuals to Three Individuals, it is essential to include relevant details such as the legal description of the property, the names and contact information of both the granters and grantees, the purchase price or consideration exchanged, and any restrictions or conditions regarding the property transfer. Overall, a Special Warranty Deed in Dallas, Texas, is a legally binding document that ensures the transfer of ownership rights from two individuals to three individuals. It offers limited guarantees and protections based on the granters' ownership period. Whether a general or limited special warranty deed is employed primarily depends on the granters' confidence and knowledge regarding the history of property ownership.
