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 Tarrant Texas Special Warranty Deed — Individual to Individual is a legal document that enables a property owner (individual) to transfer their ownership rights to another individual in the Tarrant County area of Texas. This type of deed provides certain assurances and protections to the buyer. Here are some key details about this specific deed: Special Warranty Deed: A special warranty deed is a type of deed that guarantees that the property owner has not done anything to harm the title during their ownership. It specifically limits the granter's responsibility to any issues or defects that may have occurred only during their ownership period, as opposed to a general warranty deed that covers the entire property history. Individual to Individual: This type of deed indicates that the property is being transferred directly from one person to another, without any involvement from a business entity or organization. Key Elements of a Tarrant Texas Special Warranty Deed: The special warranty deed typically includes several important elements: 1. Granter and Grantee: The granter is the current property owner who is transferring the property, while the grantee is the person receiving the property. 2. Property Description: A detailed legal description of the property being transferred is included, which typically includes information such as the lot of number, subdivision name, or metes and bounds. 3. Consideration: The consideration refers to the monetary value or other items of value exchanged as part of the property transfer. It often includes the purchase price but could also be a gift or any other form of transaction. 4. Special Warranty Clause: This clause specifically states that the granter warrants and defends the title against any claims or issues that may have arisen during the granter's ownership, but not against any previous claims or issues. 5. Signatures and Notarization: The deed must be signed by both the granter and the grantee, and notarized to confirm their identities. Other Types of Special Warranty Deeds: While the Tarrant Texas Special Warranty Deed — Individual to Individual is the most common form, there might be variations, such as the Tarrant Texas Special Warranty Deed — Individual to Trust or Tarrant Texas Special Warranty Deed — Individual to LLC. These variations involve transfers from an individual to a trust or limited liability company respectively. In conclusion, the Tarrant Texas Special Warranty Deed — Individual to Individual is a legal document that allows an individual property owner in Tarrant County, Texas, to transfer their ownership rights to another individual. It provides assurances and protections specific to the granter's ownership period, limiting their responsibility to any issues that may have occurred during their ownership. A special warranty deed ensures a certain level of title protection for the buyer and confirms the legitimacy of the property transfer.A Tarrant Texas Special Warranty Deed — Individual to Individual is a legal document that enables a property owner (individual) to transfer their ownership rights to another individual in the Tarrant County area of Texas. This type of deed provides certain assurances and protections to the buyer. Here are some key details about this specific deed: Special Warranty Deed: A special warranty deed is a type of deed that guarantees that the property owner has not done anything to harm the title during their ownership. It specifically limits the granter's responsibility to any issues or defects that may have occurred only during their ownership period, as opposed to a general warranty deed that covers the entire property history. Individual to Individual: This type of deed indicates that the property is being transferred directly from one person to another, without any involvement from a business entity or organization. Key Elements of a Tarrant Texas Special Warranty Deed: The special warranty deed typically includes several important elements: 1. Granter and Grantee: The granter is the current property owner who is transferring the property, while the grantee is the person receiving the property. 2. Property Description: A detailed legal description of the property being transferred is included, which typically includes information such as the lot of number, subdivision name, or metes and bounds. 3. Consideration: The consideration refers to the monetary value or other items of value exchanged as part of the property transfer. It often includes the purchase price but could also be a gift or any other form of transaction. 4. Special Warranty Clause: This clause specifically states that the granter warrants and defends the title against any claims or issues that may have arisen during the granter's ownership, but not against any previous claims or issues. 5. Signatures and Notarization: The deed must be signed by both the granter and the grantee, and notarized to confirm their identities. Other Types of Special Warranty Deeds: While the Tarrant Texas Special Warranty Deed — Individual to Individual is the most common form, there might be variations, such as the Tarrant Texas Special Warranty Deed — Individual to Trust or Tarrant Texas Special Warranty Deed — Individual to LLC. These variations involve transfers from an individual to a trust or limited liability company respectively. In conclusion, the Tarrant Texas Special Warranty Deed — Individual to Individual is a legal document that allows an individual property owner in Tarrant County, Texas, to transfer their ownership rights to another individual. It provides assurances and protections specific to the granter's ownership period, limiting their responsibility to any issues that may have occurred during their ownership. A special warranty deed ensures a certain level of title protection for the buyer and confirms the legitimacy of the property transfer.