This form is a Special Warranty Deed where the grantor is and individual and grantee is an individual. Grantor conveys and specially warrants 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 grantor, but not otherwise. This deed complies with all state statutory laws.
In Killeen, Texas, a Special Warranty Deed — Individual to Individual is a legal document used to transfer property ownership from one individual to another with certain guarantees and limitations. This type of deed offers specific warranties and protections to the buyer, ensuring that the granter (seller) has the legal right to sell the property and that it is free from any encumbrances, except those explicitly stated in the deed. A Killeen Texas Special Warranty Deed — Individual to Individual is commonly used in real estate transactions within the city and provides assurance to the buyer that the granter will defend the title against any claims arising during their ownership. However, unlike a General Warranty Deed which offers more extensive warranties against past and future claims, a Special Warranty Deed only protects the buyer against claims or encumbrances that occurred during the granter's ownership period. The key elements typically included in a Killeen Texas Special Warranty Deed — Individual to Individual are: 1Granteror and Grantee Information: The document identifies the parties involved, namely the person transferring the property (granter) and the person receiving it (grantee). 2. Property Description: The deed provides a detailed description of the property being transferred, including its boundaries, legal description, and any relevant identifying information like lot numbers or street addresses. 3. Consideration: This section specifies the agreed-upon payment or consideration exchanged between the parties for the property. 4. Special Warranty Clause: The document explicitly states that the granter guarantees protection against any claims or encumbrances that might have arisen during their period of ownership. It limits the warranty to this specific timeframe and the granter's actions. 5. Legal Language and Signatures: The deed includes legal language that officially transfers ownership and typically requires the granter's signature and notarization. It's essential to note that while this description covers the general components of a Special Warranty Deed — Individual to Individual in Killeen, Texas, variations and specific requirements may exist based on state laws and local regulations. Therefore, it's advisable to consult a legal professional during the real estate transaction process to ensure compliance with all necessary guidelines. Other types of Special Warranty Deeds in Killeen, Texas may include variations specific to different property transactions, such as: 1. Special Warranty Deed — Corporation to Individual: Used when a corporation transfers property to an individual, providing limited warranties against claims arising during the corporation's ownership period. 2. Special Warranty Deed — Individual to Corporation: Applied when an individual transfers property to a corporation, offering limited warranties against claims arising during the individual's ownership period. 3. Special Warranty Deed — Trustee to Individual: Utilized when a property held in a trust is transferred to an individual, offering limited warranties against claims arising during the trustee's ownership period. Understanding the intricacies of each type of Special Warranty Deed is crucial to ensure proper documentation and protect the interests of all parties involved in Killeen, Texas real estate transactions.In Killeen, Texas, a Special Warranty Deed — Individual to Individual is a legal document used to transfer property ownership from one individual to another with certain guarantees and limitations. This type of deed offers specific warranties and protections to the buyer, ensuring that the granter (seller) has the legal right to sell the property and that it is free from any encumbrances, except those explicitly stated in the deed. A Killeen Texas Special Warranty Deed — Individual to Individual is commonly used in real estate transactions within the city and provides assurance to the buyer that the granter will defend the title against any claims arising during their ownership. However, unlike a General Warranty Deed which offers more extensive warranties against past and future claims, a Special Warranty Deed only protects the buyer against claims or encumbrances that occurred during the granter's ownership period. The key elements typically included in a Killeen Texas Special Warranty Deed — Individual to Individual are: 1Granteror and Grantee Information: The document identifies the parties involved, namely the person transferring the property (granter) and the person receiving it (grantee). 2. Property Description: The deed provides a detailed description of the property being transferred, including its boundaries, legal description, and any relevant identifying information like lot numbers or street addresses. 3. Consideration: This section specifies the agreed-upon payment or consideration exchanged between the parties for the property. 4. Special Warranty Clause: The document explicitly states that the granter guarantees protection against any claims or encumbrances that might have arisen during their period of ownership. It limits the warranty to this specific timeframe and the granter's actions. 5. Legal Language and Signatures: The deed includes legal language that officially transfers ownership and typically requires the granter's signature and notarization. It's essential to note that while this description covers the general components of a Special Warranty Deed — Individual to Individual in Killeen, Texas, variations and specific requirements may exist based on state laws and local regulations. Therefore, it's advisable to consult a legal professional during the real estate transaction process to ensure compliance with all necessary guidelines. Other types of Special Warranty Deeds in Killeen, Texas may include variations specific to different property transactions, such as: 1. Special Warranty Deed — Corporation to Individual: Used when a corporation transfers property to an individual, providing limited warranties against claims arising during the corporation's ownership period. 2. Special Warranty Deed — Individual to Corporation: Applied when an individual transfers property to a corporation, offering limited warranties against claims arising during the individual's ownership period. 3. Special Warranty Deed — Trustee to Individual: Utilized when a property held in a trust is transferred to an individual, offering limited warranties against claims arising during the trustee's ownership period. Understanding the intricacies of each type of Special Warranty Deed is crucial to ensure proper documentation and protect the interests of all parties involved in Killeen, Texas real estate transactions.
