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 Wichita Falls Texas Warranty Deed from Individual to Individual is a legal document used to transfer the ownership of real estate property from one individual (granter) to another individual (grantee). It provides a guarantee or warranty to the grantee that the property being transferred is free from any encumbrances or claims against it, except for those explicitly stated in the deed. This type of deed is commonly used in real estate transactions in Wichita Falls, Texas, to ensure a clear and uninterrupted transfer of property ownership rights. It offers a higher level of protection to the grantee compared to other types of deeds, as it guarantees the granter's ownership of the property and the absence of any undisclosed liens or claims. There are different variations or types of Warranty Deeds used in Wichita Falls, Texas, including: 1. General Warranty Deed: This is the most comprehensive and common type of warranty deed. It assures the grantee that the granter holds clear title to the property, and will defend against any lawful claims or demands made against the property. 2. Special Warranty Deed: Also known as a Limited Warranty Deed, this type of deed provides a warranty from the granter only during their ownership of the property. It guarantees that the granter has not caused any encumbrances on the property, but does not cover any issues or claims that arose before the granter obtained ownership. 3. Quitclaim Deed: While not strictly a Warranty Deed, it is worth mentioning this type of deed commonly used in property transfers in Wichita Falls, Texas. A Quitclaim Deed does not provide any warranties or guarantees about the property's title. Instead, it simply transfers whatever ownership rights the granter has to the grantee, without any promises or assurances regarding the property's history or title. It is important for both the granter and grantee to understand the terms and implications of the specific Warranty Deed being used in the transfer of property. Consulting with a professional real estate attorney or a title company during the transaction is highly advisable to ensure a smooth and legally binding transfer of property ownership rights in Wichita Falls, Texas.A Wichita Falls Texas Warranty Deed from Individual to Individual is a legal document used to transfer the ownership of real estate property from one individual (granter) to another individual (grantee). It provides a guarantee or warranty to the grantee that the property being transferred is free from any encumbrances or claims against it, except for those explicitly stated in the deed. This type of deed is commonly used in real estate transactions in Wichita Falls, Texas, to ensure a clear and uninterrupted transfer of property ownership rights. It offers a higher level of protection to the grantee compared to other types of deeds, as it guarantees the granter's ownership of the property and the absence of any undisclosed liens or claims. There are different variations or types of Warranty Deeds used in Wichita Falls, Texas, including: 1. General Warranty Deed: This is the most comprehensive and common type of warranty deed. It assures the grantee that the granter holds clear title to the property, and will defend against any lawful claims or demands made against the property. 2. Special Warranty Deed: Also known as a Limited Warranty Deed, this type of deed provides a warranty from the granter only during their ownership of the property. It guarantees that the granter has not caused any encumbrances on the property, but does not cover any issues or claims that arose before the granter obtained ownership. 3. Quitclaim Deed: While not strictly a Warranty Deed, it is worth mentioning this type of deed commonly used in property transfers in Wichita Falls, Texas. A Quitclaim Deed does not provide any warranties or guarantees about the property's title. Instead, it simply transfers whatever ownership rights the granter has to the grantee, without any promises or assurances regarding the property's history or title. It is important for both the granter and grantee to understand the terms and implications of the specific Warranty Deed being used in the transfer of property. Consulting with a professional real estate attorney or a title company during the transaction is highly advisable to ensure a smooth and legally binding transfer of property ownership rights in Wichita Falls, Texas.