This form is a General Warranty Deed where the Grantor is an LLC and the Grantee is also a municipal corporation. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
A Fort Worth Texas General Warranty Deed from a Limited Liability Company to a Municipal Corporation is a legal document that transfers ownership of real property from an LLC to a municipal corporation in Fort Worth, Texas. This type of deed ensures that the LLC guarantees the title to the property being conveyed. The general warranty deed offers the highest level of protection to the grantee (municipal corporation) as it provides several key covenants or promises from the granter (LLC). These covenants include the covenant of basin, which guarantees that the granter owns the property and has the right to convey it; the covenant of quiet enjoyment, which assures the grantee that they will not be disturbed by anyone asserting a claim to the property; the covenant against encumbrances, which guarantees that there are no liens, mortgages, or other encumbrances on the property; the covenant of further assurances, which obligates the granter to provide any additional documents or actions necessary to perfect the title; and the covenant of warranty forever, which indicates that the granter will defend the title against any lawful claims. Aside from the general warranty deed, there may be other specific types of Fort Worth Texas General Warranty Deeds from a Limited Liability Company to a Municipal Corporation. These may include the special warranty deed, which provides a narrower set of warranties compared to the general warranty deed. The special warranty deed typically guarantees that the granter has not caused any title defects during their ownership of the property, but does not extend protection against prior defects or claims. It is important to note that the municipality receiving the property in a general warranty deed gains significant protection and assurance regarding the quality of the title being conveyed. This type of deed provides greater security for the municipal corporation as it obligates the LLC to defend against any claims arising from the time prior to their ownership of the property.
