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.
McKinney Texas Special Warranty Deed — Individual to Individual is a legal document used to transfer ownership of real estate from one individual to another with certain specific limitations on the warranty of title. This type of deed provides the new owner with limited protection against any defects in the title that may have occurred during the time the previous owner owned the property. In McKinney, Texas, there are primarily two types of Special Warranty Deeds: General Warranty Deeds and Quitclaim Deeds. However, in the context of Individual to Individual transfers, the most commonly used deed is the Special Warranty Deed. A McKinney Texas Special Warranty Deed — Individual to Individual contains crucial information such as the complete names and addresses of both the granter (seller) and the grantee (buyer). It also includes a detailed description of the property being transferred, which may include legal descriptions, lot numbers, and survey information to ensure accuracy and clarity. The Special Warranty Deed guarantees that the granter is legally authorized to transfer ownership of the property and that during their ownership, they have not encumbered the property with any undisclosed liens, claims, or legal restrictions. However, unlike the General Warranty Deed, which offers broad coverage to the buyer, the Special Warranty Deed limits the granter's liability only to defects or claims arising during their ownership. This type of deed is frequently used in individual to individual property transfers in McKinney, Texas, as it provides some level of assurance to the buyer while still offering some protection to the seller. It is crucial for both parties to thoroughly review the deed and seek professional legal advice to ensure a smooth and fair transaction. In conclusion, the McKinney Texas Special Warranty Deed — Individual to Individual is a legally binding document used to transfer ownership of real estate in McKinney, Texas. It offers limited protection to the buyer against any defects in the title that may have arisen during the seller's ownership period. It is recommended for both parties involved in the transaction to consult with legal professionals to ensure a secure transfer of property rights.McKinney Texas Special Warranty Deed — Individual to Individual is a legal document used to transfer ownership of real estate from one individual to another with certain specific limitations on the warranty of title. This type of deed provides the new owner with limited protection against any defects in the title that may have occurred during the time the previous owner owned the property. In McKinney, Texas, there are primarily two types of Special Warranty Deeds: General Warranty Deeds and Quitclaim Deeds. However, in the context of Individual to Individual transfers, the most commonly used deed is the Special Warranty Deed. A McKinney Texas Special Warranty Deed — Individual to Individual contains crucial information such as the complete names and addresses of both the granter (seller) and the grantee (buyer). It also includes a detailed description of the property being transferred, which may include legal descriptions, lot numbers, and survey information to ensure accuracy and clarity. The Special Warranty Deed guarantees that the granter is legally authorized to transfer ownership of the property and that during their ownership, they have not encumbered the property with any undisclosed liens, claims, or legal restrictions. However, unlike the General Warranty Deed, which offers broad coverage to the buyer, the Special Warranty Deed limits the granter's liability only to defects or claims arising during their ownership. This type of deed is frequently used in individual to individual property transfers in McKinney, Texas, as it provides some level of assurance to the buyer while still offering some protection to the seller. It is crucial for both parties to thoroughly review the deed and seek professional legal advice to ensure a smooth and fair transaction. In conclusion, the McKinney Texas Special Warranty Deed — Individual to Individual is a legally binding document used to transfer ownership of real estate in McKinney, Texas. It offers limited protection to the buyer against any defects in the title that may have arisen during the seller's ownership period. It is recommended for both parties involved in the transaction to consult with legal professionals to ensure a secure transfer of property rights.
