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 Special Warranty Deed is a legal document commonly used in Odessa, Texas, to transfer real estate rights from one individual to another. This type of deed provides specific guarantees from the seller (granter) to the buyer (grantee) regarding the property's ownership and title history. The deed ensures that the granter has not encumbered the property during their ownership, except for any disclosed limitations or defects explicitly mentioned in the document. There are two main types of Special Warranty Deeds found in Odessa, Texas, for individual-to-individual transfers: 1. General Special Warranty Deed: This type of deed assures the grantee that the granter will defend solely against any claims arising from the granter's ownership or actions. The granter pledges to protect the grantee from any issues or claims that arise during their own period of ownership, but not against any claims that may have arisen before the granter acquired the property. 2. Limited Special Warranty Deed: This deed offers a narrower scope of protection to the grantee. Unlike the general special warranty deed, the limited special warranty deed pledges to defend the grantee against all claims arising solely from the actions or omissions of the granter or their predecessors during their own ownership of the property. Both types of Special Warranty Deeds include crucial information such as: — Property Description: A detailed description of the property being transferred, including the address, legal description, and any improvements or structures present. Granteror and Grantee Information: The full names, addresses, and contact details of both parties involved. — Consideration: The amount paid for the property, if any, or a statement indicating it was gifted or transferred without a financial exchange. — Special Limitations: Any specific limitations or restrictions on the property's use, disclosed by the granter. — Notarization and Recording Information: The deed must be signed and sealed in the presence of a notary public and subsequently recorded with the county clerk's office in Odessa, Texas, for validity. When engaging in a real estate transaction in Odessa, Texas, it is essential to consult with a qualified attorney or title professional to ensure the correct type of Special Warranty Deed is used and all legal requirements are met.A Special Warranty Deed is a legal document commonly used in Odessa, Texas, to transfer real estate rights from one individual to another. This type of deed provides specific guarantees from the seller (granter) to the buyer (grantee) regarding the property's ownership and title history. The deed ensures that the granter has not encumbered the property during their ownership, except for any disclosed limitations or defects explicitly mentioned in the document. There are two main types of Special Warranty Deeds found in Odessa, Texas, for individual-to-individual transfers: 1. General Special Warranty Deed: This type of deed assures the grantee that the granter will defend solely against any claims arising from the granter's ownership or actions. The granter pledges to protect the grantee from any issues or claims that arise during their own period of ownership, but not against any claims that may have arisen before the granter acquired the property. 2. Limited Special Warranty Deed: This deed offers a narrower scope of protection to the grantee. Unlike the general special warranty deed, the limited special warranty deed pledges to defend the grantee against all claims arising solely from the actions or omissions of the granter or their predecessors during their own ownership of the property. Both types of Special Warranty Deeds include crucial information such as: — Property Description: A detailed description of the property being transferred, including the address, legal description, and any improvements or structures present. Granteror and Grantee Information: The full names, addresses, and contact details of both parties involved. — Consideration: The amount paid for the property, if any, or a statement indicating it was gifted or transferred without a financial exchange. — Special Limitations: Any specific limitations or restrictions on the property's use, disclosed by the granter. — Notarization and Recording Information: The deed must be signed and sealed in the presence of a notary public and subsequently recorded with the county clerk's office in Odessa, Texas, for validity. When engaging in a real estate transaction in Odessa, Texas, it is essential to consult with a qualified attorney or title professional to ensure the correct type of Special Warranty Deed is used and all legal requirements are met.
