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Life Estate Warranty

State:
Texas
Control #:
TX-07-83
Format:
Word; 
Rich Text
Instant download

Description Texas Enhanced Life Estate Deed

This form is a Warranty Deed with retained Enhanced Life Estates, also known as a Lady Bird Deed, where the Grantors are two individuals or husband and wife and the Grantees are three individuals who may take ownership as tenants in common or joint tenants if specified. Grantors convey the property to Grantees subject to an enhanced retained life estate. The Grantors retains the right to sell, encumber, mortgage or otherwise impair the interest Grantees might receive in the future, without joinder or notice to Grantees, with the exception of the right to transfer the property by will. This deed complies with all state statutory laws.
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Life Estate Warranty