This form is an Authority to Release. The county clerk is authorized and requested to release from a deed of trust a parcel of land to the executor of the estate. The form must be signed in the presence of a notary public.
Special Warranty Deed Vs Quit Claim Deed In Bexar
State:
Multi-State
County:
Bexar
Control #:
US-00186
Format:
Word;
Rich Text
Instant download
Description
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FAQ
Special Warranty Deeds are commonly used when property owners are divorcing or are divorced. Since the parties both own the property, it is acceptable to use a Special Warranty Deed when one owner transfers his or her interest in the property to the other owner.
It's safer to use a warranty deed any time you are not entirely sure of your or someone else's ownership stake in any property. If you are transferring a property to your child or to a revocable trust agreement as part of an estate plan, then a quitclaim deed could do the trick.
Texas deeds without warranty While the deed without warranty sells and conveys the property to the buyer, it's only slightly better than a quitclaim deed. It conveys title to the buyer, but there's no warranty against any defects in the title.
Unlike a warranty deed or special warranty deed, a quitclaim deed makes no assurances whatsoever about the property. The Grantor is not promising that title is clean; in fact, the Grantor isn't even promising that he or she owns the property!
General warranty deeds: A general warranty deed provides the most protection to the buyer but gives the grantor the highest degree of liability. The grantor of a general warranty deed fully warrants good, clear title to the property.
Where quitclaim deeds provide limited security, warranty deeds offer full legal protection to grantees – or buyers – after a property changes hands. A grantor who transfers property by warranty deed makes several legal guarantees about the title quality and their right to convey the real estate.
Warranty deed requirements A legal description of the property. The grantor (seller)'s name and address. The grantee (buyer)'s name and address. A statement that the grantor is the legal owner of the property and that the title is clear, with no outstanding liens or creditor claims.
Potential Risks for Buyers Special warranty deeds provide limited protection, exposing buyers to potential risks. Buyers may inherit claims or issues that occurred prior to the seller's ownership.
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While the deed without warranty sells and conveys the property to the buyer, it's only slightly better than a quitclaim deed. He would like to add my name to the deed, joint with right of survivorship.Do we need to fill out a Quitclaim, or a General Warranty Deed? It is important to note that a Quitclaim Deed should never be used to transfer house title in Texas. A Quitclaim does not TRANSFER TITLE. To transfer a property title deed in Texas, you will need a properly prepared deed as follows: The deed must be in writing. The Bexar County Clerk's Office Recordings Division files, records, and maintains Real Property Records, Personal Property Records, Notice of Trustee Sales. Bexar County Special Warranty Deed Form. Fill in the blank form formatted to comply with all recording and content requirements. The grandiose general warranty deed stands as a beacon of assurance, providing the highest level of protection for the buyer.