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 used in real estate transactions to transfer ownership from one party to another. In Waco, Texas, a special warranty deed — individual to individual is a specific type of deed that provides certain guarantees regarding the property being transferred. Unlike a general warranty deed that offers broader protections, a special warranty deed typically limits the warranties and guarantees made by the seller to only the time the seller owned the property. This means that the seller is providing assurances that they have not done anything during their ownership to negatively impact the title, except for any specific exceptions mentioned in the deed. When it comes to Waco, Texas, there are different variations of special warranty deeds to suit different circumstances: 1. Special Warranty Deed — Individual to Individual for Residential Property: This type of deed is commonly used when transferring residential properties from one individual owner to another. It outlines the legal description of the property, defines the rights and limitations of ownership, and includes the specific warranties made by the seller. 2. Special Warranty Deed — Individual to Individual for Commercial Property: Similar to the residential variation, this deed is used for transferring commercial properties between individuals. Commercial properties often have different considerations, such as zoning restrictions or ongoing leases, which may be addressed in this type of deed. 3. Special Warranty Deed — Individual to Individual for Agricultural Property: For properties used for agricultural purposes, such as farms or ranches, this type of deed may be utilized. It may include provisions specific to agricultural operations, water rights, or easements related to farming activities. The purpose of using a special warranty deed — individual to individual is to provide some level of assurance to the buyer that the seller is conveying a property with a clean title, free from any undisclosed encumbrances or defects. However, it is important to note that a special warranty deed offers more limited protections compared to a general warranty deed. If you are involved in a real estate transaction in Waco, Texas, it is crucial to consult with a qualified real estate attorney or agent to understand the specific requirements and implications of using a special warranty deed — individual to individual. They can guide you through the process, ensuring a smooth transfer of ownership and protecting your interests.A special warranty deed is a legal document used in real estate transactions to transfer ownership from one party to another. In Waco, Texas, a special warranty deed — individual to individual is a specific type of deed that provides certain guarantees regarding the property being transferred. Unlike a general warranty deed that offers broader protections, a special warranty deed typically limits the warranties and guarantees made by the seller to only the time the seller owned the property. This means that the seller is providing assurances that they have not done anything during their ownership to negatively impact the title, except for any specific exceptions mentioned in the deed. When it comes to Waco, Texas, there are different variations of special warranty deeds to suit different circumstances: 1. Special Warranty Deed — Individual to Individual for Residential Property: This type of deed is commonly used when transferring residential properties from one individual owner to another. It outlines the legal description of the property, defines the rights and limitations of ownership, and includes the specific warranties made by the seller. 2. Special Warranty Deed — Individual to Individual for Commercial Property: Similar to the residential variation, this deed is used for transferring commercial properties between individuals. Commercial properties often have different considerations, such as zoning restrictions or ongoing leases, which may be addressed in this type of deed. 3. Special Warranty Deed — Individual to Individual for Agricultural Property: For properties used for agricultural purposes, such as farms or ranches, this type of deed may be utilized. It may include provisions specific to agricultural operations, water rights, or easements related to farming activities. The purpose of using a special warranty deed — individual to individual is to provide some level of assurance to the buyer that the seller is conveying a property with a clean title, free from any undisclosed encumbrances or defects. However, it is important to note that a special warranty deed offers more limited protections compared to a general warranty deed. If you are involved in a real estate transaction in Waco, Texas, it is crucial to consult with a qualified real estate attorney or agent to understand the specific requirements and implications of using a special warranty deed — individual to individual. They can guide you through the process, ensuring a smooth transfer of ownership and protecting your interests.
