This form is a Warranty Deed where the grantor and/or grantee could be a limited partnership or LLC.
A Round Rock Texas Warranty Deed for Limited Partnership or LLC is a legal document that transfers ownership of real property from the Granter (the party granting the property) to the Grantee (the party receiving the property). This type of deed provides a warranty or guarantee that the Granter holds clear title to the property and has the right to transfer it. There are different types of Round Rock Texas Warranty Deeds that involve Limited Partnership or LLC entities as Granters or Grantees. Some of these variations include: 1. Limited Partnership Granter: In this scenario, a Limited Partnership (LP) serves as the Granter, transferring the property to another party. For example, ABC Limited Partnership may grant a property in Round Rock through a Warranty Deed to XYZ Corporation. 2. Limited Liability Company Granter: Here, a Limited Liability Company (LLC) acts as the Granter, transferring ownership of the property. For instance, XYZ Holdings LLC may grant a property in Round Rock using a Warranty Deed to John Smith. 3. Limited Partnership Grantee: In this case, a Limited Partnership (LP) serves as the Grantee, receiving ownership of the property from another party. For example, XYZ Corporation may receive a property in Round Rock from ABC Limited Partnership through a Warranty Deed. 4. Limited Liability Company Grantee: This variant involves a Limited Liability Company (LLC) as the Grantee, acquiring ownership of the property. For instance, John Smith may transfer a property in Round Rock to XYZ Holdings LLC by executing a Warranty Deed. Regardless of the specific type, a Round Rock Texas Warranty Deed for Limited Partnership or LLC ensures that the Granter guarantees the property is free from any encumbrances, unless explicitly stated in the deed. This provides protection to the Grantee, ensuring they receive clear title to the property. It is important to consult with a qualified real estate attorney or professional for guidance in drafting and executing these types of deeds to ensure compliance with local laws and regulations in Round Rock, Texas.A Round Rock Texas Warranty Deed for Limited Partnership or LLC is a legal document that transfers ownership of real property from the Granter (the party granting the property) to the Grantee (the party receiving the property). This type of deed provides a warranty or guarantee that the Granter holds clear title to the property and has the right to transfer it. There are different types of Round Rock Texas Warranty Deeds that involve Limited Partnership or LLC entities as Granters or Grantees. Some of these variations include: 1. Limited Partnership Granter: In this scenario, a Limited Partnership (LP) serves as the Granter, transferring the property to another party. For example, ABC Limited Partnership may grant a property in Round Rock through a Warranty Deed to XYZ Corporation. 2. Limited Liability Company Granter: Here, a Limited Liability Company (LLC) acts as the Granter, transferring ownership of the property. For instance, XYZ Holdings LLC may grant a property in Round Rock using a Warranty Deed to John Smith. 3. Limited Partnership Grantee: In this case, a Limited Partnership (LP) serves as the Grantee, receiving ownership of the property from another party. For example, XYZ Corporation may receive a property in Round Rock from ABC Limited Partnership through a Warranty Deed. 4. Limited Liability Company Grantee: This variant involves a Limited Liability Company (LLC) as the Grantee, acquiring ownership of the property. For instance, John Smith may transfer a property in Round Rock to XYZ Holdings LLC by executing a Warranty Deed. Regardless of the specific type, a Round Rock Texas Warranty Deed for Limited Partnership or LLC ensures that the Granter guarantees the property is free from any encumbrances, unless explicitly stated in the deed. This provides protection to the Grantee, ensuring they receive clear title to the property. It is important to consult with a qualified real estate attorney or professional for guidance in drafting and executing these types of deeds to ensure compliance with local laws and regulations in Round Rock, Texas.
