This form is a Special Warranty Deed where the grantor is an individual and the grantee is a corporation. Grantor conveys and specially warrants the described property to the grantee. The grantor only warrants 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 legally binding document used in real estate transactions to transfer ownership of property from an individual to a corporation. In the context of Austin, Texas, a special warranty deed provides a limited warranty to the corporation, implying that the individual who is the granter of the deed guarantees that they have not done anything to negatively impact the title during their ownership. This type of deed is specifically used when an individual wishes to transfer property to a corporation located in Austin, Texas. The corporation becomes the grantee, or the recipient, of the property, while the individual is known as the granter, or the seller. The Austin Texas Special Warranty Deed — Individual to Corporation comes in various subtypes, depending on the specific circumstances of the transaction. Some possible variations include: 1. Austin Texas Special Warranty Deed — Individual to Corporation for Commercial Property: This type of special warranty deed is used when the property being transferred is intended for commercial use, such as office buildings, retail spaces, or industrial facilities. 2. Austin Texas Special Warranty Deed — Individual to Corporation for Residential Property: If the property being transferred is primarily used for residential purposes, such as a house or apartment complex, this variation of the special warranty deed is utilized. 3. Austin Texas Special Warranty Deed — Individual to Corporation for Land: In situations where the property being transferred is undeveloped land, this specific type of special warranty deed is employed. In each of these variations, the special warranty deed outlines the legal description of the property, encumbrances or liens that may exist, and any special conditions or agreements that might apply to the transfer. It also guarantees that the granter holds the right to transfer the property and that they will defend against any claims that may arise regarding the property title during their period of ownership. Overall, the Austin Texas Special Warranty Deed — Individual to Corporation is a crucial legal instrument in property transfers within Austin, Texas, ensuring a clear transfer of ownership rights from an individual to a corporation while providing limited protection regarding the title history of the property.A special warranty deed is a legally binding document used in real estate transactions to transfer ownership of property from an individual to a corporation. In the context of Austin, Texas, a special warranty deed provides a limited warranty to the corporation, implying that the individual who is the granter of the deed guarantees that they have not done anything to negatively impact the title during their ownership. This type of deed is specifically used when an individual wishes to transfer property to a corporation located in Austin, Texas. The corporation becomes the grantee, or the recipient, of the property, while the individual is known as the granter, or the seller. The Austin Texas Special Warranty Deed — Individual to Corporation comes in various subtypes, depending on the specific circumstances of the transaction. Some possible variations include: 1. Austin Texas Special Warranty Deed — Individual to Corporation for Commercial Property: This type of special warranty deed is used when the property being transferred is intended for commercial use, such as office buildings, retail spaces, or industrial facilities. 2. Austin Texas Special Warranty Deed — Individual to Corporation for Residential Property: If the property being transferred is primarily used for residential purposes, such as a house or apartment complex, this variation of the special warranty deed is utilized. 3. Austin Texas Special Warranty Deed — Individual to Corporation for Land: In situations where the property being transferred is undeveloped land, this specific type of special warranty deed is employed. In each of these variations, the special warranty deed outlines the legal description of the property, encumbrances or liens that may exist, and any special conditions or agreements that might apply to the transfer. It also guarantees that the granter holds the right to transfer the property and that they will defend against any claims that may arise regarding the property title during their period of ownership. Overall, the Austin Texas Special Warranty Deed — Individual to Corporation is a crucial legal instrument in property transfers within Austin, Texas, ensuring a clear transfer of ownership rights from an individual to a corporation while providing limited protection regarding the title history of the property.
