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 Sugar Land Texas Special Warranty Deed is a legal document used to transfer ownership of real property from an individual to a corporation in the city of Sugar Land, Texas. This type of deed ensures that the individual transferring the property has the legal authority to do so and protects the corporation receiving the property from any potential defects or claims of ownership. Keywords: Sugar Land Texas, Special Warranty Deed, Individual to Corporation There are different types of Sugar Land Texas Special Warranty Deeds — Individual to Corporation that may be used depending on specific circumstances: 1. General Special Warranty Deed: This type of deed provides a limited warranty to the corporation, guaranteeing that the individual transferring the property has not personally caused any defects or claims on the property during their ownership. However, it does not extend to any defects or claims that may have existed prior to their ownership. 2. Special Warranty Deed with Exceptions: This variant of the special warranty deed acknowledges specific exceptions or encumbrances on the property that the individual transferring the property is not responsible for. These exceptions could include existing liens, easements, or other rights held by third parties. 3. Corporation Acceptance Special Warranty Deed: This type of deed includes additional provisions that require the corporation accepting the property to acknowledge and accept any existing conditions, limitations, or defects that may be present on the property. It ensures that the corporation is aware of any potential issues before completing the transfer. 4. Special Warranty Deed with Indemnification: In certain cases, a special warranty deed may include indemnification clauses, which obligate the individual transferring the property to compensate the corporation for any future losses or damages arising from defects, claims, or encumbrances that existed during their ownership. These different variations of Sugar Land Texas Special Warranty Deeds — Individual to Corporation provide flexibility in tailoring the deed based on the specific circumstances and needs of the parties involved. It is crucial to consult with a qualified real estate attorney to determine the most appropriate type of deed to use for a particular property transfer.A Sugar Land Texas Special Warranty Deed is a legal document used to transfer ownership of real property from an individual to a corporation in the city of Sugar Land, Texas. This type of deed ensures that the individual transferring the property has the legal authority to do so and protects the corporation receiving the property from any potential defects or claims of ownership. Keywords: Sugar Land Texas, Special Warranty Deed, Individual to Corporation There are different types of Sugar Land Texas Special Warranty Deeds — Individual to Corporation that may be used depending on specific circumstances: 1. General Special Warranty Deed: This type of deed provides a limited warranty to the corporation, guaranteeing that the individual transferring the property has not personally caused any defects or claims on the property during their ownership. However, it does not extend to any defects or claims that may have existed prior to their ownership. 2. Special Warranty Deed with Exceptions: This variant of the special warranty deed acknowledges specific exceptions or encumbrances on the property that the individual transferring the property is not responsible for. These exceptions could include existing liens, easements, or other rights held by third parties. 3. Corporation Acceptance Special Warranty Deed: This type of deed includes additional provisions that require the corporation accepting the property to acknowledge and accept any existing conditions, limitations, or defects that may be present on the property. It ensures that the corporation is aware of any potential issues before completing the transfer. 4. Special Warranty Deed with Indemnification: In certain cases, a special warranty deed may include indemnification clauses, which obligate the individual transferring the property to compensate the corporation for any future losses or damages arising from defects, claims, or encumbrances that existed during their ownership. These different variations of Sugar Land Texas Special Warranty Deeds — Individual to Corporation provide flexibility in tailoring the deed based on the specific circumstances and needs of the parties involved. It is crucial to consult with a qualified real estate attorney to determine the most appropriate type of deed to use for a particular property transfer.