This form is a Quitclaim Deed with a retained Enhanced Life Estate where the Grantor is an individual and the Grantee is an individual. It is also known as a "Lady Bird" Deed. Grantor conveys the property to Grantee subject to an enhanced retained life estate. The Grantor retains the right to sell, encumber, mortgage or otherwise impair the interest Grantee might receive in the future, without joinder or notice to Grantee, with the exception of the right to transfer the property by will. This deed complies with all state statutory laws.
Lewisville Texas Enhanced Life Estate or Lady Bird Quitclaim Deed, also known as a Lady Bird Deed or Enhanced Life Estate Deed, is a legal document that allows an individual to transfer property to another individual while retaining certain rights and control over the property during their lifetime. This type of deed is commonly used in estate planning to avoid probate and ensure a smooth transfer of property upon the granter's death.Lewisville Texas Enhanced Life Estate or Lady Bird Quitclaim Deed, also known as a Lady Bird Deed or Enhanced Life Estate Deed, is a legal document that allows an individual to transfer property to another individual while retaining certain rights and control over the property during their lifetime. This type of deed is commonly used in estate planning to avoid probate and ensure a smooth transfer of property upon the granter's death.