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.
Warranty Deed Vs Quitclaim Deed For Property In Harris
State:
Multi-State
County:
Harris
Control #:
US-00186
Format:
Word;
Rich Text
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FAQ
A warranty deed offers the strongest protection. It protects the party receiving the property title in case there turns out to be any issues with the title.
A Quit Claim Deed is a common method used to transfer title to real estate property in some states, but it should not be used in Texas. In Texas, you need a Warranty Deed to properly add or remove a person's name to or from the ownership of a house.
Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.
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.
There is one basic difference between a warranty deed and quitclaim deed: in each deed, the grantor makes a different legal statement. The warranty deed contains a promise by the grantor, called a warranty. But in a quitclaim deed, the grantor does not make any promise or warranty.
Key Differences Between Quitclaim and Warranty Deeds Interest transferred – A quitclaim deed conveys only the grantor's current ownership share, which may be incomplete. A warranty deed transfers the property in its entirety.
The rule in most jurisdictions is that a recorded quitclaim deed, when taken in good faith for valuable consideration without notice, prevails over a prior unrecorded deed. A quitclaim deed in Texas, however, actually raises doubts about the grantor's interest and puts a purchaser on notice of those doubts.
Despite all of this, quitclaim deeds are still a valid, if unreliable, means of transferring title to real property in Texas. This is true even if they ultimately transfer nothing at all.
Warranty Deeds A warranty deed offers the same promises as a grant deed, and then some. The owner of a property is guaranteeing that they have the full right to sell and transfer the property, and that the property is clear of any present or future claims, such as liens and taxes.
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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. A warranty deed offers the strongest protection.It protects the party receiving the property title in case there turns out to be any issues with the title. The Real Property Department records documents pertaining to real property or real estate in Harris County. In a general warranty deed, the seller guarantees that he or she has good title to the property and that there are no liens or encumbrances on it. Warranty deeds are the safer option when buying property versus simply transferring ownership. Most buyers will want this option. Your signed and notarized Warranty Deed needs to be filed in the property records in the county clerk's office of the county in which the property is located. My father owns a home and he has the warranty deed and he wants to transfer it under my name. The "warranty" in a Warranty Deed is a warranty of title, and not a warranty of property condition.