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.
A Laredo Texas Special Warranty Deed — Individual to Individual is a legal document that transfers ownership of real property from one individual to another, guaranteeing that the property is free of any defects or encumbrances during the granter's ownership. This type of deed is commonly used in real estate transactions in Laredo, Texas. The Laredo Texas Special Warranty Deed — Individual to Individual provides limited warranties to the grantee, which mainly protect against any defects or claims arising during the granter's ownership. This means that the granter guarantees that they have not caused any encumbrances or defects on the property, but they do not guarantee against any defects or claims that existed before they acquired the property. It is important to note that there are different types of special warranty deeds used in Laredo, Texas, each with its own specific purpose: 1. General Special Warranty Deed: This type of deed transfers ownership of the property from the granter to the grantee, providing limited warranties against defects or encumbrances during the granter's ownership. 2. Special Warranty Deed with Vendor's Lien: This variation includes a vendor's lien, which is a security interest held by the granter over the property until the purchase price is fully paid by the grantee. It offers the same limited warranties as a general special warranty deed but includes a vendor's lien clause. 3. Special Warranty Deed with Survivorship: In cases where the grantee is a married couple, this deed creates a joint tenancy with rights of survivorship. This means that if one spouse passes away, their ownership interest automatically transfers to the surviving spouse without going through the probate process. When using a Laredo Texas Special Warranty Deed — Individual to Individual, it is highly recommended consulting with a qualified real estate attorney or a title company familiar with local regulations to ensure its proper execution and legal compliance.A Laredo Texas Special Warranty Deed — Individual to Individual is a legal document that transfers ownership of real property from one individual to another, guaranteeing that the property is free of any defects or encumbrances during the granter's ownership. This type of deed is commonly used in real estate transactions in Laredo, Texas. The Laredo Texas Special Warranty Deed — Individual to Individual provides limited warranties to the grantee, which mainly protect against any defects or claims arising during the granter's ownership. This means that the granter guarantees that they have not caused any encumbrances or defects on the property, but they do not guarantee against any defects or claims that existed before they acquired the property. It is important to note that there are different types of special warranty deeds used in Laredo, Texas, each with its own specific purpose: 1. General Special Warranty Deed: This type of deed transfers ownership of the property from the granter to the grantee, providing limited warranties against defects or encumbrances during the granter's ownership. 2. Special Warranty Deed with Vendor's Lien: This variation includes a vendor's lien, which is a security interest held by the granter over the property until the purchase price is fully paid by the grantee. It offers the same limited warranties as a general special warranty deed but includes a vendor's lien clause. 3. Special Warranty Deed with Survivorship: In cases where the grantee is a married couple, this deed creates a joint tenancy with rights of survivorship. This means that if one spouse passes away, their ownership interest automatically transfers to the surviving spouse without going through the probate process. When using a Laredo Texas Special Warranty Deed — Individual to Individual, it is highly recommended consulting with a qualified real estate attorney or a title company familiar with local regulations to ensure its proper execution and legal compliance.
