Travis Texas Quitclaim Deed from Corporation to Husband and Wife

State:
Texas
County:
Travis
Control #:
TX-010-77
Format:
Word; 
Rich Text
Instant download

Description

This Quitclaim Deed from Corporation to Husband and Wife form is a Quitclaim Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor conveys and quitclaims the described property to Grantees less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all applicable state statutory laws.

A Travis Texas Quitclaim Deed from Corporation to Husband and Wife is a legal document that transfers ownership of a property from a corporation to a married couple. This type of deed is commonly used when a corporation wishes to transfer ownership of a property to the couple jointly, either because they are shareholders or directors of the corporation, or for personal reasons. In Travis County, Texas, there are several variations of Quitclaim Deeds from Corporation to Husband and Wife that may be relevant to different circumstances. These include: 1. General Travis Texas Quitclaim Deed from Corporation to Husband and Wife: This type of deed transfers the corporation's interest in the property to the husband and wife without making any warranties or guarantees regarding the property's title or condition. It simply conveys whatever interest the corporation has in the property to the couple. 2. Travis Texas Quitclaim Deed with Reservation of Mineral Rights from Corporation to Husband and Wife: In this case, the corporation transfers the property to the couple while reserving the mineral rights associated with the property. This means that the corporation retains the rights to extract any minerals, such as oil or gas, that may be present on the property. 3. Travis Texas Quitclaim Deed with Restrictive Covenants from Corporation to Husband and Wife: This type of deed is used when the corporation wants to impose certain restrictions or conditions on the property. These restrictions may include limits on the property's use, architectural guidelines, or rules regarding fencing, landscaping, or maintenance. Regardless of the specific type of Travis Texas Quitclaim Deed used, it is essential to ensure that the document is drafted and executed properly to be legally binding. It is recommended to consult with an experienced real estate attorney or title company to handle the preparation and recording of the deed to avoid any potential issues in the future. By utilizing a Travis Texas Quitclaim Deed from Corporation to Husband and Wife, individuals can effectively transfer property ownership from a corporation to a married couple in a straightforward and legally secure manner.

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FAQ

All signatures on a quitclaim deed must be original. A notary public must witness the deed signing. In Texas, only the seller must sign the deed. However, if some type of special clause or condition applies to the buyer, he may have to sign.

It usually takes four to six weeks to complete the legal processes involved in the transfer of title.

Quitclaim deeds offer no such protection. Instead, they only convey the seller's interest in the property. This means that if the property owner wishes to sell their property, a quitclaim deed will provide a simple transfer of property. However, the buyer's title will not be warrantied.

Code Section 13.002. Signing - According to Texas Law (Section 11.002(c)), a quitclaim deed must be signed by the Grantor, along with two signing witnesses, or it may be notarized by a Notary Public. Recording - Once the document has been witnessed or notarized, it must be filed with the County Clerk's Office.

There are several types of deeds people use to transfer property in Texas. While all of these deeds are valid in Texas, this doesn't mean real estate attorneys favor them. In fact, while quitclaim deeds are valid, they're not often used in Texas because they're barely considered deeds at all.

How to Transfer Texas Real Estate Find the most recent deed to the property. It is best to begin with a copy of the most recent deed to the property (the deed that transferred the property to the current grantor).Create a new deed.Sign and notarize the deed.File the documents in the county land records.

A quitclaim deed is not a deed at all. It is merely a document that transfers whatever title may exist in the grantor to a grantee. It doesn't grant any title.

The Transfer on Death Deed must: Be in writing, signed by the owner, and notarized, Have a legal description of the property (The description is found on the deed to the property or in the deed records.Have the name and address of one or more beneficiaries, State that the transfer will happen at the owner's death,

SB 885 provides that four years after recording a quitclaim deed, a subsequent purchaser or creditor for value without actual notice of other unrecorded claims on the property has good faith protection.

You can do this through a transfer of equity. This is where a share of equity is transferred to one or multiple people, but the original owner stays on the title deeds. You'll need a Conveyancing Solicitor to complete the legal requirements for you in a transfer of equity.

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My wife and I bought a property. We paid cash for the sale.• Municipal clerk;. This quitclaim deed, made between: {Full name(s) of Grantor(s)}. Acts 1907, 30th Leg.

Less. (par. 36) (as amended). If a municipal clerk has a right to sell or convey the land or interest in land, the deed is a public record and may be recorded. The land or interest in land may be sold or conveyed by any duly authorized officer. The purchaser must receive a receipt for the purchaser's share of the sale price. If a municipal clerk is selling or conveying the land or interest in land in connection with the sale of land to which he has title in good title as to the purchaser, the land or interest in land shall be held as property of the municipality for the full amount paid and payable, including the buyer's share. If a municipal clerk is selling or conveying the land, interest or right in the land to a charitable foundation, the purchaser must purchase the land in good title and give a receipt to the clerk for the amount of the fair market value of the land or interest in land.

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Travis Texas Quitclaim Deed from Corporation to Husband and Wife