This form is a General Warranty Deed where the grantors are husband and wife and the grantee is a limited partnership. Grantors convey and generally warrant the described property to the grantee. This deed complies with all state statutory laws.
A Houston Texas General Warranty Deed — Husband and Wife to Limited Partnership is a legal document that transfers ownership of real estate property from a husband and wife to a limited partnership. This type of deed provides a guarantee to the limited partnership that the property is free from any encumbrances, except those specifically noted in the deed. It also ensures that the husband and wife have the legal authority to convey the property to the limited partnership. The general warranty deed includes certain keywords that are crucial to its understanding and legality. Firstly, "Houston Texas" identifies the specific jurisdiction where the deed is being executed, meaning that it follows the laws and regulations specific to Houston in the state of Texas. "General Warranty Deed" indicates that the deed offers the highest level of protection to the limited partnership by providing assurances against any title defects or claims from previous owners. The term "Husband and Wife" signifies that the property is jointly owned by a married couple, who have equal rights over the property. "Limited Partnership" refers to a business structure where the partnership consists of at least one general partner who manages the business operations and is personally liable for partnership debts, as well as limited partners who contribute capital but have limited liability. It is worth noting that while the Houston Texas General Warranty Deed — Husband and Wife to Limited Partnership is a specific type of deed, there may be variations within this category. These variations can include different formatting or additional clauses depending on the specific circumstances and requirements of the parties involved. However, the key elements of transferring ownership from a husband and wife to a limited partnership while providing a comprehensive guarantee of title are generally consistent in all variations of this deed type.A Houston Texas General Warranty Deed — Husband and Wife to Limited Partnership is a legal document that transfers ownership of real estate property from a husband and wife to a limited partnership. This type of deed provides a guarantee to the limited partnership that the property is free from any encumbrances, except those specifically noted in the deed. It also ensures that the husband and wife have the legal authority to convey the property to the limited partnership. The general warranty deed includes certain keywords that are crucial to its understanding and legality. Firstly, "Houston Texas" identifies the specific jurisdiction where the deed is being executed, meaning that it follows the laws and regulations specific to Houston in the state of Texas. "General Warranty Deed" indicates that the deed offers the highest level of protection to the limited partnership by providing assurances against any title defects or claims from previous owners. The term "Husband and Wife" signifies that the property is jointly owned by a married couple, who have equal rights over the property. "Limited Partnership" refers to a business structure where the partnership consists of at least one general partner who manages the business operations and is personally liable for partnership debts, as well as limited partners who contribute capital but have limited liability. It is worth noting that while the Houston Texas General Warranty Deed — Husband and Wife to Limited Partnership is a specific type of deed, there may be variations within this category. These variations can include different formatting or additional clauses depending on the specific circumstances and requirements of the parties involved. However, the key elements of transferring ownership from a husband and wife to a limited partnership while providing a comprehensive guarantee of title are generally consistent in all variations of this deed type.
