This Warranty Deed from two Individuals to LLC form is a Warranty Deed where the Grantors are two individuals and the Grantee is a limited liability company. Grantors convey and warrant the described property to Grantee less and except all oil, gas and minerals, on and under the property owned by Grantors, if any, which are reserved by Grantors.
A Collin Texas Warranty Deed from two Individuals to LLC is a legal document used to transfer ownership of a real property in Collin County, Texas, from two individuals to a Limited Liability Company (LLC). This type of deed provides a guarantee that the property is free from any undisclosed encumbrances, except for those explicitly mentioned in the deed. The Collin Texas Warranty Deed from two Individuals to LLC includes the following key elements: 1. Granters: The two individuals who currently own the property and wish to transfer it to the LLC. 2. Grantee: The LLC that will become the new owner of the property. 3. Property Description: A detailed description of the property being transferred, including the legal description, boundaries, and any additional relevant details that uniquely identify the property. 4. Consideration: The amount of money or other forms of consideration exchanged for the property transfer. 5. Covenants: The granters provide a series of covenants within the deed, including: — Covenanbasinin: Guaranteeing that the granters have clear and rightful ownership of the property and have the legal capacity to transfer it. — Covenant of Right to Convey: Assuring that the granters have the legal right to transfer the property to the LLC. — Covenant Against Encumbrances: Guaranteeing that the property is free from any liens, mortgages, or other encumbrances, except as mentioned in the deed. — Covenant of Quiet Enjoyment: Promising that the grantee will have the right to peacefully possess and enjoy the property without interference. — Covenant of Warranty: Ensuring that the granters will defend and protect the grantee against any claims or disputes arising from the property's title. Different types of Collin Texas Warranty Deeds from two Individuals to LLC may include variations depending on specific circumstances or requirements, such as: 1. Collin Texas Special Warranty Deed from two Individuals to LLC: This type of deed provides a limited warranty guaranteeing the title only during the granters' ownership period, rather than throughout the property's entire history. 2. Collin Texas General Warranty Deed from two Individuals to LLC: This deed offers the most extensive protection to the grantee, providing a comprehensive warranty against title defects from the property's origins until the transfer date. 3. Collin Texas Quitclaim Deed from two Individuals to LLC: A quitclaim deed transfers any interest or claim the granters may have on the property, without making any warranties or guarantees regarding the property's title. It is crucial for all parties involved in the transfer of real property to consult with an experienced real estate attorney or legal professional to ensure the accurate preparation and execution of the Collin Texas Warranty Deed from two Individuals to LLC, tailoring it to their specific needs and complying with applicable laws and regulations.A Collin Texas Warranty Deed from two Individuals to LLC is a legal document used to transfer ownership of a real property in Collin County, Texas, from two individuals to a Limited Liability Company (LLC). This type of deed provides a guarantee that the property is free from any undisclosed encumbrances, except for those explicitly mentioned in the deed. The Collin Texas Warranty Deed from two Individuals to LLC includes the following key elements: 1. Granters: The two individuals who currently own the property and wish to transfer it to the LLC. 2. Grantee: The LLC that will become the new owner of the property. 3. Property Description: A detailed description of the property being transferred, including the legal description, boundaries, and any additional relevant details that uniquely identify the property. 4. Consideration: The amount of money or other forms of consideration exchanged for the property transfer. 5. Covenants: The granters provide a series of covenants within the deed, including: — Covenanbasinin: Guaranteeing that the granters have clear and rightful ownership of the property and have the legal capacity to transfer it. — Covenant of Right to Convey: Assuring that the granters have the legal right to transfer the property to the LLC. — Covenant Against Encumbrances: Guaranteeing that the property is free from any liens, mortgages, or other encumbrances, except as mentioned in the deed. — Covenant of Quiet Enjoyment: Promising that the grantee will have the right to peacefully possess and enjoy the property without interference. — Covenant of Warranty: Ensuring that the granters will defend and protect the grantee against any claims or disputes arising from the property's title. Different types of Collin Texas Warranty Deeds from two Individuals to LLC may include variations depending on specific circumstances or requirements, such as: 1. Collin Texas Special Warranty Deed from two Individuals to LLC: This type of deed provides a limited warranty guaranteeing the title only during the granters' ownership period, rather than throughout the property's entire history. 2. Collin Texas General Warranty Deed from two Individuals to LLC: This deed offers the most extensive protection to the grantee, providing a comprehensive warranty against title defects from the property's origins until the transfer date. 3. Collin Texas Quitclaim Deed from two Individuals to LLC: A quitclaim deed transfers any interest or claim the granters may have on the property, without making any warranties or guarantees regarding the property's title. It is crucial for all parties involved in the transfer of real property to consult with an experienced real estate attorney or legal professional to ensure the accurate preparation and execution of the Collin Texas Warranty Deed from two Individuals to LLC, tailoring it to their specific needs and complying with applicable laws and regulations.
