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 Lewisville Texas Special Warranty Deed — Individual to Corporation is a legal document used to transfer ownership of real estate from an individual to a corporation. This type of deed provides certain warranties and protections to the buyer, known as the grantee, while limiting the liability of the seller, known as the granter. The special warranty deed ensures that the granter has not encumbered the property during their ownership, except for any specified encumbrances or defects disclosed in the deed. It guarantees that the granter holds clear title to the property and has the legal authority to transfer it to the corporation. There are several variations of the Lewisville Texas Special Warranty Deed — Individual to Corporation, namely: 1. General Special Warranty Deed: This is the most common type of special warranty deed used in Lewisville, Texas. It provides a limited warranty against any defects in title that arose during the granter's ownership of the property. 2. Limited Special Warranty Deed: This type of deed only provides warranties for a specific period or against specific defects outlined in the deed. It offers more limited protections compared to a general special warranty deed. 3. Special Purpose Special Warranty Deed: This specialized form of special warranty deed is used for specific purposes, such as transferring property to a corporation for a particular project or development. When preparing a Lewisville Texas Special Warranty Deed — Individual to Corporation, it is important to include the key elements required by Texas law. These elements typically include: 1. Granter and grantee information: The deed should clearly identify the individual seller (granter) and the corporation buying the property (grantee). This includes their full legal names and addresses. 2. Property description: An accurate and detailed description of the property being transferred must be provided. This typically includes the legal description, survey information, and any other relevant details to ensure the property can be easily identified. 3. Consideration: The consideration refers to the value or payment exchanged for the property. It is important to clearly state the agreed-upon consideration in the deed. 4. Warranties and limitations: The deed should explicitly state the warranties being provided by the granter, specifying any limitations or exceptions. This will protect both parties and establish the extent of liability for any future issues related to the property's title. 5. Signatures and notarization: All parties involved, including the granter, grantee, and witnesses, must sign the special warranty deed. The signatures should be notarized to ensure their validity. Lewisville Texas Special Warranty Deed — Individual to Corporation is a legally binding document designed to transfer property ownership securely. It is crucial to consult with an experienced real estate attorney or professional to draft and review the deed to ensure compliance with local laws and regulations.A Lewisville Texas Special Warranty Deed — Individual to Corporation is a legal document used to transfer ownership of real estate from an individual to a corporation. This type of deed provides certain warranties and protections to the buyer, known as the grantee, while limiting the liability of the seller, known as the granter. The special warranty deed ensures that the granter has not encumbered the property during their ownership, except for any specified encumbrances or defects disclosed in the deed. It guarantees that the granter holds clear title to the property and has the legal authority to transfer it to the corporation. There are several variations of the Lewisville Texas Special Warranty Deed — Individual to Corporation, namely: 1. General Special Warranty Deed: This is the most common type of special warranty deed used in Lewisville, Texas. It provides a limited warranty against any defects in title that arose during the granter's ownership of the property. 2. Limited Special Warranty Deed: This type of deed only provides warranties for a specific period or against specific defects outlined in the deed. It offers more limited protections compared to a general special warranty deed. 3. Special Purpose Special Warranty Deed: This specialized form of special warranty deed is used for specific purposes, such as transferring property to a corporation for a particular project or development. When preparing a Lewisville Texas Special Warranty Deed — Individual to Corporation, it is important to include the key elements required by Texas law. These elements typically include: 1. Granter and grantee information: The deed should clearly identify the individual seller (granter) and the corporation buying the property (grantee). This includes their full legal names and addresses. 2. Property description: An accurate and detailed description of the property being transferred must be provided. This typically includes the legal description, survey information, and any other relevant details to ensure the property can be easily identified. 3. Consideration: The consideration refers to the value or payment exchanged for the property. It is important to clearly state the agreed-upon consideration in the deed. 4. Warranties and limitations: The deed should explicitly state the warranties being provided by the granter, specifying any limitations or exceptions. This will protect both parties and establish the extent of liability for any future issues related to the property's title. 5. Signatures and notarization: All parties involved, including the granter, grantee, and witnesses, must sign the special warranty deed. The signatures should be notarized to ensure their validity. Lewisville Texas Special Warranty Deed — Individual to Corporation is a legally binding document designed to transfer property ownership securely. It is crucial to consult with an experienced real estate attorney or professional to draft and review the deed to ensure compliance with local laws and regulations.
