This form is a Warranty Deed where the Grantor is an LLC and the Grantees are Husband and Wife, or two Individuals. Grantor conveys and warrants the described property to Grantees. This deed complies with all state statutory laws.
Lewisville Texas Warranty Deed from Limited Liability Company to Husband and Wife / Two Individuals is a legal document that transfers ownership of property assets from a limited liability company (LLC) to a married couple or two individuals. This type of deed ensures that the recipients, the husband and wife or two individuals, receive the property with a warranty, guaranteeing that the property title is clear and free from any liens or encumbrances. In Lewisville, Texas, there are various types of Warranty Deeds that can be used to transfer property from an LLC to a husband and wife or two individuals. Some commonly used ones include: 1. General Warranty Deed: This type of deed guarantees that the property is free from defects in title, liens, or encumbrances, not just during the time the LLC owned the property but also any previous owners. 2. Special Warranty Deed: With a special warranty deed, the LLC assures that it has held the property free from any defects or claims during the time they owned it, but makes no guarantees regarding prior ownership. 3. Quitclaim Deed: This type of deed conveys whatever interest the LLC has in the property to the husband and wife or two individuals. However, it provides no warranties or guarantees regarding the title or any potential claims on the property. 4. Bargain and Sale Deed: This deed transfers the property to the recipients without any warranties, except that the LLC, as the granter, has the authority to sell the property. The Lewisville Texas Warranty Deed from Limited Liability Company to Husband and Wife / Two Individuals is an essential legal instrument that ensures a smooth and secure transfer of property. It protects the purchasers by warranting the title to the property, guaranteeing their ownership rights and providing peace of mind. It is crucial for all parties involved to consult legal experts or real estate professionals to ensure the appropriate deed type is selected and the transfer process is executed correctly.Lewisville Texas Warranty Deed from Limited Liability Company to Husband and Wife / Two Individuals is a legal document that transfers ownership of property assets from a limited liability company (LLC) to a married couple or two individuals. This type of deed ensures that the recipients, the husband and wife or two individuals, receive the property with a warranty, guaranteeing that the property title is clear and free from any liens or encumbrances. In Lewisville, Texas, there are various types of Warranty Deeds that can be used to transfer property from an LLC to a husband and wife or two individuals. Some commonly used ones include: 1. General Warranty Deed: This type of deed guarantees that the property is free from defects in title, liens, or encumbrances, not just during the time the LLC owned the property but also any previous owners. 2. Special Warranty Deed: With a special warranty deed, the LLC assures that it has held the property free from any defects or claims during the time they owned it, but makes no guarantees regarding prior ownership. 3. Quitclaim Deed: This type of deed conveys whatever interest the LLC has in the property to the husband and wife or two individuals. However, it provides no warranties or guarantees regarding the title or any potential claims on the property. 4. Bargain and Sale Deed: This deed transfers the property to the recipients without any warranties, except that the LLC, as the granter, has the authority to sell the property. The Lewisville Texas Warranty Deed from Limited Liability Company to Husband and Wife / Two Individuals is an essential legal instrument that ensures a smooth and secure transfer of property. It protects the purchasers by warranting the title to the property, guaranteeing their ownership rights and providing peace of mind. It is crucial for all parties involved to consult legal experts or real estate professionals to ensure the appropriate deed type is selected and the transfer process is executed correctly.