This form is a Special Warranty Deed where the grantors are husband and wife and the grantee is an individual. Grantors convey and specially warrant the described property to the grantee. The grantors only warrant and will defend the property only as to claims of persons claiming by, through or under grantors, but not otherwise. This deed complies with all state statutory laws.
A Collin Texas Special Warranty Deed — Husband and Wife to Individual is a legal document often used in real estate transactions when a married couple is transferring property ownership to an individual. This type of deed provides certain limited warranties and guarantees, specifically relating to the period during which the current owners (the husband and wife) owned the property. In a Collin Texas Special Warranty Deed — Husband and Wife to Individual, the sellers (husband and wife) are assuring the buyer that they have clear title to the property and that they have not encumbered the property, except as stated in the deed. However, unlike a General Warranty Deed, which provides broader assurances, a Special Warranty Deed only protects against claims and encumbrances that arose during the sellers' ownership of the property. This means that any issues predating their ownership are not covered under this type of deed. By using a Collin Texas Special Warranty Deed — Husband and Wife to Individual, the buyers can have some level of protection against certain potential legal claims during the sellers' ownership period. However, it's essential for buyers to conduct thorough due diligence, including title searches and obtaining title insurance, to ensure they have a clear understanding of any encumbrances or claims against the property. While the term "Collin Texas Special Warranty Deed — Husband and Wife to Individual" generally refers to a specific type of deed, it's worth mentioning that there can be variations or different subtypes of special warranty deeds depending on specific circumstances or additional provisions required by the parties involved. Variations may include Special Warranty Deed with Trustee, Special Warranty Deed for a Specific Purpose, Special Warranty Deed for Undivided Interest, or Special Warranty Deed with Reservation of Rights, among others. In summary, a Collin Texas Special Warranty Deed — Husband and Wife to Individual is a legal document used to transfer property ownership from a married couple to an individual, providing limited warranties and guarantees against claims and encumbrances arising during the sellers' ownership period. It is important for both parties to understand the specifics of this type of deed and seek professional advice to ensure a smooth and legally sound transaction.A Collin Texas Special Warranty Deed — Husband and Wife to Individual is a legal document often used in real estate transactions when a married couple is transferring property ownership to an individual. This type of deed provides certain limited warranties and guarantees, specifically relating to the period during which the current owners (the husband and wife) owned the property. In a Collin Texas Special Warranty Deed — Husband and Wife to Individual, the sellers (husband and wife) are assuring the buyer that they have clear title to the property and that they have not encumbered the property, except as stated in the deed. However, unlike a General Warranty Deed, which provides broader assurances, a Special Warranty Deed only protects against claims and encumbrances that arose during the sellers' ownership of the property. This means that any issues predating their ownership are not covered under this type of deed. By using a Collin Texas Special Warranty Deed — Husband and Wife to Individual, the buyers can have some level of protection against certain potential legal claims during the sellers' ownership period. However, it's essential for buyers to conduct thorough due diligence, including title searches and obtaining title insurance, to ensure they have a clear understanding of any encumbrances or claims against the property. While the term "Collin Texas Special Warranty Deed — Husband and Wife to Individual" generally refers to a specific type of deed, it's worth mentioning that there can be variations or different subtypes of special warranty deeds depending on specific circumstances or additional provisions required by the parties involved. Variations may include Special Warranty Deed with Trustee, Special Warranty Deed for a Specific Purpose, Special Warranty Deed for Undivided Interest, or Special Warranty Deed with Reservation of Rights, among others. In summary, a Collin Texas Special Warranty Deed — Husband and Wife to Individual is a legal document used to transfer property ownership from a married couple to an individual, providing limited warranties and guarantees against claims and encumbrances arising during the sellers' ownership period. It is important for both parties to understand the specifics of this type of deed and seek professional advice to ensure a smooth and legally sound transaction.
