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 special warranty deed is a legal instrument used to transfer real estate ownership from one party to another. In Frisco, Texas, a special warranty deed is commonly used when a husband and wife jointly own a property and wish to transfer it to an individual buyer. This type of deed provides certain limited guarantees about the title to the property. A Frisco Texas Special Warranty Deed — Husband and Wife to Individual typically includes the following key elements: 1. Parties: The deed identifies both the husband and wife as granters, the individuals transferring the property, and the individual buyer as the grantee, the recipient of the property. 2. Property details: The deed describes the property being transferred, including its legal description, address, and any relevant parcel or lot numbers. 3. Consideration: The deed states the amount of money or any other consideration exchanged for the property. 4. Special warranty: This type of deed includes a special warranty clause, wherein the granters warrant and defend the title against only certain claims that may arise during their period of ownership. 5. Marital status disclosure: Since the granters are a husband and wife, the deed may include a statement about their marital status and confirmation that they are transferring their rights as a married couple. There are different variations of the Frisco Texas Special Warranty Deed — Husband and Wife to Individual, depending on specific circumstances and additional elements that may be included. Some variations include the: 1. General Warranty Deed: This type of special warranty deed provides the broadest protection for the grantee, as it guarantees the title against any and all claims, even those arising before the granter's ownership. 2. Special warranty deed with covenants: This variation may include additional covenants, such as guarantees against encumbrances or undisclosed defects, providing further assurances to the grantee. 3. Quitclaim Deed: While not a special warranty deed, a quitclaim deed is another option that allows for the transfer of property ownership. Unlike a special warranty deed, the quitclaim deed does not provide any warranty or guarantee regarding the title. It is important to consult with a qualified real estate attorney or title professional when dealing with special warranty deeds or any legal document related to property transfers in Frisco, Texas, to ensure compliance with local laws and regulations.A special warranty deed is a legal instrument used to transfer real estate ownership from one party to another. In Frisco, Texas, a special warranty deed is commonly used when a husband and wife jointly own a property and wish to transfer it to an individual buyer. This type of deed provides certain limited guarantees about the title to the property. A Frisco Texas Special Warranty Deed — Husband and Wife to Individual typically includes the following key elements: 1. Parties: The deed identifies both the husband and wife as granters, the individuals transferring the property, and the individual buyer as the grantee, the recipient of the property. 2. Property details: The deed describes the property being transferred, including its legal description, address, and any relevant parcel or lot numbers. 3. Consideration: The deed states the amount of money or any other consideration exchanged for the property. 4. Special warranty: This type of deed includes a special warranty clause, wherein the granters warrant and defend the title against only certain claims that may arise during their period of ownership. 5. Marital status disclosure: Since the granters are a husband and wife, the deed may include a statement about their marital status and confirmation that they are transferring their rights as a married couple. There are different variations of the Frisco Texas Special Warranty Deed — Husband and Wife to Individual, depending on specific circumstances and additional elements that may be included. Some variations include the: 1. General Warranty Deed: This type of special warranty deed provides the broadest protection for the grantee, as it guarantees the title against any and all claims, even those arising before the granter's ownership. 2. Special warranty deed with covenants: This variation may include additional covenants, such as guarantees against encumbrances or undisclosed defects, providing further assurances to the grantee. 3. Quitclaim Deed: While not a special warranty deed, a quitclaim deed is another option that allows for the transfer of property ownership. Unlike a special warranty deed, the quitclaim deed does not provide any warranty or guarantee regarding the title. It is important to consult with a qualified real estate attorney or title professional when dealing with special warranty deeds or any legal document related to property transfers in Frisco, Texas, to ensure compliance with local laws and regulations.
