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 document used in real estate transactions that conveys ownership of a property from a husband and wife to an individual. In Mesquite, Texas, there are specific variations of special warranty deed forms that account for different circumstances and arrangements. These forms include: 1. Mesquite Texas Special Warranty Deed — Husband and Wife to Individual for Primary Residence: This type of special warranty deed is used when a married couple is transferring ownership of their primary residence to an individual buyer. It establishes the husband and wife as the granters, demonstrating their joint ownership of the property, and ensures that they warrant only against any defects or claims that arose during their ownership. 2. Mesquite Texas Special Warranty Deed — Husband and Wife to Individual for Investment Property: This special warranty deed variation is relevant when a married couple is selling an investment property to an individual buyer in Mesquite, Texas. Similar to the primary residence version, it confirms the joint ownership by the husband and wife and provides a warranty against any defects or claims occurring during their period of ownership. 3. Mesquite Texas Special Warranty Deed — Husband and Wife to Individual with Restrictive Covenants: This type of special warranty deed incorporates specific restrictive covenants as additional terms within the deed. These covenants could include restrictions relating to land use, building style, or other limitations imposed on the property. This version ensures that the husband and wife transfer their ownership rights while imposing additional conditions on the buyer's use of the property. 4. Mesquite Texas Special Warranty Deed — Husband and Wife to Individual with Life Estate: This special warranty deed variation grants the individual buyer ownership of the property while providing the husband and wife with a life estate. A life estate allows the granters, in this case the husband and wife, the right to occupy or use the property during their lifetime. Once they pass away, the full ownership rights transfer to the individual buyer. It is essential for all parties involved in a real estate transaction in Mesquite, Texas, to thoroughly understand the specific type of special warranty deed being used. Seeking legal advice or consulting with a real estate professional is highly recommended ensuring all relevant terms and conditions are properly addressed and adhered to.A special warranty deed is a legal document used in real estate transactions that conveys ownership of a property from a husband and wife to an individual. In Mesquite, Texas, there are specific variations of special warranty deed forms that account for different circumstances and arrangements. These forms include: 1. Mesquite Texas Special Warranty Deed — Husband and Wife to Individual for Primary Residence: This type of special warranty deed is used when a married couple is transferring ownership of their primary residence to an individual buyer. It establishes the husband and wife as the granters, demonstrating their joint ownership of the property, and ensures that they warrant only against any defects or claims that arose during their ownership. 2. Mesquite Texas Special Warranty Deed — Husband and Wife to Individual for Investment Property: This special warranty deed variation is relevant when a married couple is selling an investment property to an individual buyer in Mesquite, Texas. Similar to the primary residence version, it confirms the joint ownership by the husband and wife and provides a warranty against any defects or claims occurring during their period of ownership. 3. Mesquite Texas Special Warranty Deed — Husband and Wife to Individual with Restrictive Covenants: This type of special warranty deed incorporates specific restrictive covenants as additional terms within the deed. These covenants could include restrictions relating to land use, building style, or other limitations imposed on the property. This version ensures that the husband and wife transfer their ownership rights while imposing additional conditions on the buyer's use of the property. 4. Mesquite Texas Special Warranty Deed — Husband and Wife to Individual with Life Estate: This special warranty deed variation grants the individual buyer ownership of the property while providing the husband and wife with a life estate. A life estate allows the granters, in this case the husband and wife, the right to occupy or use the property during their lifetime. Once they pass away, the full ownership rights transfer to the individual buyer. It is essential for all parties involved in a real estate transaction in Mesquite, Texas, to thoroughly understand the specific type of special warranty deed being used. Seeking legal advice or consulting with a real estate professional is highly recommended ensuring all relevant terms and conditions are properly addressed and adhered to.
