This form is a General Warranty Deed where the Grantors are three individuals and the Grantee is a limited liability company. Grantors convey and generally warrant the described property to the Grantee. This deed complies with all state statutory laws.
Pearland Texas General Warranty Deed — Three Individuals to a Limited Liability Company is a legal document that outlines the transfer of real estate property from three individuals to a limited liability company (LLC) in Pearland, Texas. This type of deed ensures that the property being conveyed is free from any legal claims or encumbrances. Keywords: Pearland Texas, General Warranty Deed, Three Individuals, Limited Liability Company, real estate property, transfer, legal document, encumbrances. There are different variations or types of Pearland Texas General Warranty Deed — Three Individuals to a Limited Liability Company, which include: 1. Standard General Warranty Deed: This type of deed guarantees that the granter (the three individuals) holds clear title to the property and has the legal right to transfer it to the LLC. It also ensures that the property is free from any undisclosed claims or encumbrances. 2. Special Warranty Deed: This variation of the general warranty deed provides limited protection to the grantee (the LLC) by guaranteeing that the granter has not encumbered the property during their ownership. It may not cover any previous claims or encumbrances that existed prior to the granter's ownership. 3. Enhanced Life Estate Deed: This type of deed, also known as a "Lady Bird Deed," allows the granter to transfer property to an LLC while retaining the right to live on or use the property during their lifetime. After the granter's passing, ownership automatically transfers to the LLC without going through probate. 4. Quitclaim Deed: While not specifically a general warranty deed, a quitclaim deed is another type of property transfer deed that can be used in this scenario. It allows the three individuals to transfer their interests in the property to the LLC without providing any warranties or guarantees regarding the title. It is important for the parties involved to consult with a qualified real estate attorney to determine the most suitable type of Pearland Texas General Warranty Deed — Three Individuals to a Limited Liability Company that meets their specific needs and legal requirements.Pearland Texas General Warranty Deed — Three Individuals to a Limited Liability Company is a legal document that outlines the transfer of real estate property from three individuals to a limited liability company (LLC) in Pearland, Texas. This type of deed ensures that the property being conveyed is free from any legal claims or encumbrances. Keywords: Pearland Texas, General Warranty Deed, Three Individuals, Limited Liability Company, real estate property, transfer, legal document, encumbrances. There are different variations or types of Pearland Texas General Warranty Deed — Three Individuals to a Limited Liability Company, which include: 1. Standard General Warranty Deed: This type of deed guarantees that the granter (the three individuals) holds clear title to the property and has the legal right to transfer it to the LLC. It also ensures that the property is free from any undisclosed claims or encumbrances. 2. Special Warranty Deed: This variation of the general warranty deed provides limited protection to the grantee (the LLC) by guaranteeing that the granter has not encumbered the property during their ownership. It may not cover any previous claims or encumbrances that existed prior to the granter's ownership. 3. Enhanced Life Estate Deed: This type of deed, also known as a "Lady Bird Deed," allows the granter to transfer property to an LLC while retaining the right to live on or use the property during their lifetime. After the granter's passing, ownership automatically transfers to the LLC without going through probate. 4. Quitclaim Deed: While not specifically a general warranty deed, a quitclaim deed is another type of property transfer deed that can be used in this scenario. It allows the three individuals to transfer their interests in the property to the LLC without providing any warranties or guarantees regarding the title. It is important for the parties involved to consult with a qualified real estate attorney to determine the most suitable type of Pearland Texas General Warranty Deed — Three Individuals to a Limited Liability Company that meets their specific needs and legal requirements.