This Warranty Deed from Corporation to Husband and Wife form is a Warranty Deed where the Grantor is a corporation and the Grantees are husband and wife. Grantor conveys and warrants 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 Lewisville Texas warranty deed from a corporation to a husband and wife is a legal document that signifies the transfer of ownership of a property from a corporation to a married couple. In this type of property transaction, the corporation guarantees that it holds the title to the property and has the legal right to transfer it to the husband and wife without any liens or encumbrances. The Lewisville Texas warranty deed is a robust legal instrument that offers several variations, including: 1. General warranty deed: This type of warranty deed provides the highest level of protection to the buyers (husband and wife). It assures the buyers that the corporation will defend the title against any claims that may arise before or during their ownership. This means that if any third-party claims emerge in the future, the corporation is legally required to compensate the buyers for the loss incurred. 2. Special warranty deed: Unlike the general warranty deed, a special warranty deed provides limited protection to the buyers. With this type of deed, the corporation guarantees that it has not caused or allowed any defects in the title during their ownership. In other words, the corporation only guarantees the title against any claims and defects that may arise during their time of ownership, not prior to it. 3. Quitclaim deed: Although not considered a warranty deed per se, a quitclaim deed is another type of property transfer document. It transfers the corporation's interest in the property to the husband and wife without any guarantees or warranties regarding the title's validity or any potential liens. It is essential for the buyers to conduct thorough research and title searches before accepting a quitclaim deed, as it does not provide any protection against possible title issues. In summary, a Lewisville Texas warranty deed from a corporation to a husband and wife guarantees the couple an unencumbered title to the property. The different types of warranty deeds available in such transactions are the general warranty deed, special warranty deed, and quitclaim deed. It is crucial for the buyers to understand the level of protection offered by each deed and conduct due diligence before finalizing the transfer of property ownership.A Lewisville Texas warranty deed from a corporation to a husband and wife is a legal document that signifies the transfer of ownership of a property from a corporation to a married couple. In this type of property transaction, the corporation guarantees that it holds the title to the property and has the legal right to transfer it to the husband and wife without any liens or encumbrances. The Lewisville Texas warranty deed is a robust legal instrument that offers several variations, including: 1. General warranty deed: This type of warranty deed provides the highest level of protection to the buyers (husband and wife). It assures the buyers that the corporation will defend the title against any claims that may arise before or during their ownership. This means that if any third-party claims emerge in the future, the corporation is legally required to compensate the buyers for the loss incurred. 2. Special warranty deed: Unlike the general warranty deed, a special warranty deed provides limited protection to the buyers. With this type of deed, the corporation guarantees that it has not caused or allowed any defects in the title during their ownership. In other words, the corporation only guarantees the title against any claims and defects that may arise during their time of ownership, not prior to it. 3. Quitclaim deed: Although not considered a warranty deed per se, a quitclaim deed is another type of property transfer document. It transfers the corporation's interest in the property to the husband and wife without any guarantees or warranties regarding the title's validity or any potential liens. It is essential for the buyers to conduct thorough research and title searches before accepting a quitclaim deed, as it does not provide any protection against possible title issues. In summary, a Lewisville Texas warranty deed from a corporation to a husband and wife guarantees the couple an unencumbered title to the property. The different types of warranty deeds available in such transactions are the general warranty deed, special warranty deed, and quitclaim deed. It is crucial for the buyers to understand the level of protection offered by each deed and conduct due diligence before finalizing the transfer of property ownership.
