This Warranty Deed from Individual to Individual form is a Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and warrants the described property to Grantee 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 state statutory laws.
A Carrollton Texas Warranty Deed from Individual to Individual is a legally binding document that transfers ownership of real estate property from one individual to another. It ensures that the seller (granter) has the legal right to sell the property and guarantees that the property is free from any liens or encumbrances, except those specifically disclosed in the deed. The primary objective of a warranty deed is to provide the buyer (grantee) with a substantial level of protection and assurance regarding the title of the property. It includes certain promises or warranties that the granter makes to the grantee, such as: 1. Covenant of basin: This warranty guarantees that the granter has full ownership and control of the property and has the right to convey it. 2. Covenant of right to convey: The granter assures that they have the legal right to transfer the property and that there are no restrictions preventing the sale. 3. Covenant against encumbrances: The granter guarantees that there are no undisclosed liens, mortgages, or other claims against the property, except those explicitly stated in the deed. 4. Covenant of quiet enjoyment: This warranty ensures that the grantee will not face any legal claims or disputes from third parties regarding the title of the property. 5. Covenant of warranty forever: The granter promises to defend the grantee against any future claims related to the title of the property. In addition to these basic warranties, there may be variations or additions to the Carrollton Texas Warranty Deed from Individual to Individual, such as: 1. Special warranty deed: This type of deed provides warranties only for the period when the granter owned the property. It excludes any defects or issues that may have existed before their ownership. 2. Quitclaim deed: Unlike a warranty deed, a quitclaim deed offers no warranties or guarantees regarding the title of the property. It simply transfers the interest or rights the granter may have in the property. 3. Life estate deed: This deed conveys the property to the grantee, but allows the granter to retain the right to live on or use the property until their death. It is crucial to consult with a qualified attorney or real estate professional in Carrollton, Texas, when dealing with a warranty deed. They will guide you through the legal requirements and ensure that the document conforms to state laws and regulations.A Carrollton Texas Warranty Deed from Individual to Individual is a legally binding document that transfers ownership of real estate property from one individual to another. It ensures that the seller (granter) has the legal right to sell the property and guarantees that the property is free from any liens or encumbrances, except those specifically disclosed in the deed. The primary objective of a warranty deed is to provide the buyer (grantee) with a substantial level of protection and assurance regarding the title of the property. It includes certain promises or warranties that the granter makes to the grantee, such as: 1. Covenant of basin: This warranty guarantees that the granter has full ownership and control of the property and has the right to convey it. 2. Covenant of right to convey: The granter assures that they have the legal right to transfer the property and that there are no restrictions preventing the sale. 3. Covenant against encumbrances: The granter guarantees that there are no undisclosed liens, mortgages, or other claims against the property, except those explicitly stated in the deed. 4. Covenant of quiet enjoyment: This warranty ensures that the grantee will not face any legal claims or disputes from third parties regarding the title of the property. 5. Covenant of warranty forever: The granter promises to defend the grantee against any future claims related to the title of the property. In addition to these basic warranties, there may be variations or additions to the Carrollton Texas Warranty Deed from Individual to Individual, such as: 1. Special warranty deed: This type of deed provides warranties only for the period when the granter owned the property. It excludes any defects or issues that may have existed before their ownership. 2. Quitclaim deed: Unlike a warranty deed, a quitclaim deed offers no warranties or guarantees regarding the title of the property. It simply transfers the interest or rights the granter may have in the property. 3. Life estate deed: This deed conveys the property to the grantee, but allows the granter to retain the right to live on or use the property until their death. It is crucial to consult with a qualified attorney or real estate professional in Carrollton, Texas, when dealing with a warranty deed. They will guide you through the legal requirements and ensure that the document conforms to state laws and regulations.