This form is a Warranty Deed where the Grantor is an Individual and the Grantees aretwo Individuals. Grantor conveys and warrants the described property to the Grantees. This deed complies with all state statutory laws.
A Wichita Falls Texas Warranty Deed — One Individual to Two Individuals is a legal document that transfers ownership of real estate from one individual to two other individuals, guaranteeing that the property is free from any liens or encumbrances. This type of warranty deed is commonly used when a property is being transferred to two individuals as joint owners, such as spouses or business partners. It provides protection to the new owners by warranting that the transferor (the individual selling the property) has legal authority to sell the property and that the property is free from any claims or defects. In Wichita Falls, Texas, there are generally two types of Warranty Deeds — One Individual to Two Individuals: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection for the new owners. It guarantees that the transferor will defend the title against any claims and is responsible for any defect or encumbrance on the property, even if it arose before the transfer. 2. Special Warranty Deed: A special warranty deed is similar to a general warranty deed but has a narrower scope. It guarantees that the transferor will only defend against claims or defects that arose during their ownership of the property and not before. This means that the new owners may not be fully protected against pre-existing encumbrances. Both types of warranty deed require certain information to be included, such as the names and addresses of the transferor and the two individuals receiving the property, a legal description of the property, and the consideration or payment made for the transfer. It is important to consult with a real estate attorney or a licensed title company in Wichita Falls, Texas, to ensure that all legal requirements are met and to choose the most appropriate type of warranty deed for the specific transaction.A Wichita Falls Texas Warranty Deed — One Individual to Two Individuals is a legal document that transfers ownership of real estate from one individual to two other individuals, guaranteeing that the property is free from any liens or encumbrances. This type of warranty deed is commonly used when a property is being transferred to two individuals as joint owners, such as spouses or business partners. It provides protection to the new owners by warranting that the transferor (the individual selling the property) has legal authority to sell the property and that the property is free from any claims or defects. In Wichita Falls, Texas, there are generally two types of Warranty Deeds — One Individual to Two Individuals: 1. General Warranty Deed: This type of warranty deed provides the highest level of protection for the new owners. It guarantees that the transferor will defend the title against any claims and is responsible for any defect or encumbrance on the property, even if it arose before the transfer. 2. Special Warranty Deed: A special warranty deed is similar to a general warranty deed but has a narrower scope. It guarantees that the transferor will only defend against claims or defects that arose during their ownership of the property and not before. This means that the new owners may not be fully protected against pre-existing encumbrances. Both types of warranty deed require certain information to be included, such as the names and addresses of the transferor and the two individuals receiving the property, a legal description of the property, and the consideration or payment made for the transfer. It is important to consult with a real estate attorney or a licensed title company in Wichita Falls, Texas, to ensure that all legal requirements are met and to choose the most appropriate type of warranty deed for the specific transaction.