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 Wichita Falls Texas Special Warranty Deed — Individual to Individual is a legally binding document used to transfer the ownership of a property from one individual to another, guaranteeing a limited warranty against any defects in title during the time the seller owned the property. This deed provides certain assurances and protections to the buyer, ensuring that the property is free from any undisclosed encumbrances or claims, except those specifically mentioned in the deed. In Wichita Falls, Texas, there are different types of Special Warranty Deeds that apply to individual-to-individual property transfers. Some of these variations include: 1. Wichita Falls Texas Special Warranty Deed with General Covenants — Individual to Individual: This type of deed includes additional promises and covenants from the seller, such as the assurance that they own the property and have the right to sell it, that the property is free from liens and encumbrances (except as stated in the deed), and that they will defend the buyer against any future claims related to the title. 2. Wichita Falls Texas Special Warranty Deed with Limited Covenants — Individual to Individual: This variant of the special warranty deed provides fewer assurances to the buyer compared to the general covenants version. It guarantees that the seller owns the property and has the right to sell it, but it does not provide the same level of protection against undisclosed encumbrances or claims. 3. Wichita Falls Texas Special Warranty Deed with Quitclaim: A special warranty deed with quitclaim is used when the seller makes no guarantees or warranties regarding the property's title. This type of deed releases the seller's interest in the property without any assurance of ownership or freedom from claims, presenting a higher level of risk to the buyer. When engaging in a property transaction in Wichita Falls, Texas, it is crucial to understand the specific type of special warranty deed being used. Consulting with a real estate attorney or title company can help ensure that the correct deed type is selected, protecting the buyer's interests and facilitating a smooth transfer of property ownership.A Wichita Falls Texas Special Warranty Deed — Individual to Individual is a legally binding document used to transfer the ownership of a property from one individual to another, guaranteeing a limited warranty against any defects in title during the time the seller owned the property. This deed provides certain assurances and protections to the buyer, ensuring that the property is free from any undisclosed encumbrances or claims, except those specifically mentioned in the deed. In Wichita Falls, Texas, there are different types of Special Warranty Deeds that apply to individual-to-individual property transfers. Some of these variations include: 1. Wichita Falls Texas Special Warranty Deed with General Covenants — Individual to Individual: This type of deed includes additional promises and covenants from the seller, such as the assurance that they own the property and have the right to sell it, that the property is free from liens and encumbrances (except as stated in the deed), and that they will defend the buyer against any future claims related to the title. 2. Wichita Falls Texas Special Warranty Deed with Limited Covenants — Individual to Individual: This variant of the special warranty deed provides fewer assurances to the buyer compared to the general covenants version. It guarantees that the seller owns the property and has the right to sell it, but it does not provide the same level of protection against undisclosed encumbrances or claims. 3. Wichita Falls Texas Special Warranty Deed with Quitclaim: A special warranty deed with quitclaim is used when the seller makes no guarantees or warranties regarding the property's title. This type of deed releases the seller's interest in the property without any assurance of ownership or freedom from claims, presenting a higher level of risk to the buyer. When engaging in a property transaction in Wichita Falls, Texas, it is crucial to understand the specific type of special warranty deed being used. Consulting with a real estate attorney or title company can help ensure that the correct deed type is selected, protecting the buyer's interests and facilitating a smooth transfer of property ownership.