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 Wichita Falls Texas Warranty Deed from two Individuals to LLC is a legal document that transfers property ownership from two individuals to a limited liability company (LLC) while providing a guarantee of the property's title quality. This deed acts as evidence and protection for the LLC, ensuring that the property is free from any undisclosed claims or liens. There are two main types of Wichita Falls Texas Warranty Deeds that can be used for the transfer of property ownership from two individuals to an LLC: 1. General Warranty Deed: A General Warranty Deed provides the highest level of protection to the LLC, as it guarantees that the individuals transferring the property (granters) hold clear and marketable title to it. This type of deed also warrants the property against any claims arising before or during the granters' ownership. In other words, the granters assure the LLC that they are legally entitled to sell the property and will defend the title against any legitimate claims or disputes. Keywords: Wichita Falls Texas Warranty Deed, two Individuals, LLC, property ownership, limited liability company, guarantee, title quality, evidence, protection, undisclosed claims, liens, General Warranty Deed, transfer, granters, clear title, marketable title, claims, disputes. 2. Special Warranty Deed: A Special Warranty Deed, also known as a Limited Warranty Deed, offers a more limited guarantee compared to the General Warranty Deed. It assures the LLC that the granters held clear and marketable title to the property during their ownership, but only warrants against any claims or encumbrances that may have arisen during their tenure. This means that the LLC will not be protected against any potential issues that existed prior to the granters' ownership. Keywords: Wichita Falls Texas Warranty Deed, two Individuals, LLC, property ownership, limited liability company, guarantee, title quality, evidence, protection, undisclosed claims, liens, Special Warranty Deed, Limited Warranty Deed, transfer, granters, clear title, marketable title, claims, encumbrances. In summary, a Wichita Falls Texas Warranty Deed from two Individuals to LLC is a legal document that facilitates the transfer of property ownership from two individuals to an LLC, providing a guarantee of the property's title quality. The General Warranty Deed offers comprehensive protection to the LLC against any claims or disputes arising before or during the granters' ownership, whereas the Special Warranty Deed protects the LLC only against claims or encumbrances that occurred during the granters' tenure.A Wichita Falls Texas Warranty Deed from two Individuals to LLC is a legal document that transfers property ownership from two individuals to a limited liability company (LLC) while providing a guarantee of the property's title quality. This deed acts as evidence and protection for the LLC, ensuring that the property is free from any undisclosed claims or liens. There are two main types of Wichita Falls Texas Warranty Deeds that can be used for the transfer of property ownership from two individuals to an LLC: 1. General Warranty Deed: A General Warranty Deed provides the highest level of protection to the LLC, as it guarantees that the individuals transferring the property (granters) hold clear and marketable title to it. This type of deed also warrants the property against any claims arising before or during the granters' ownership. In other words, the granters assure the LLC that they are legally entitled to sell the property and will defend the title against any legitimate claims or disputes. Keywords: Wichita Falls Texas Warranty Deed, two Individuals, LLC, property ownership, limited liability company, guarantee, title quality, evidence, protection, undisclosed claims, liens, General Warranty Deed, transfer, granters, clear title, marketable title, claims, disputes. 2. Special Warranty Deed: A Special Warranty Deed, also known as a Limited Warranty Deed, offers a more limited guarantee compared to the General Warranty Deed. It assures the LLC that the granters held clear and marketable title to the property during their ownership, but only warrants against any claims or encumbrances that may have arisen during their tenure. This means that the LLC will not be protected against any potential issues that existed prior to the granters' ownership. Keywords: Wichita Falls Texas Warranty Deed, two Individuals, LLC, property ownership, limited liability company, guarantee, title quality, evidence, protection, undisclosed claims, liens, Special Warranty Deed, Limited Warranty Deed, transfer, granters, clear title, marketable title, claims, encumbrances. In summary, a Wichita Falls Texas Warranty Deed from two Individuals to LLC is a legal document that facilitates the transfer of property ownership from two individuals to an LLC, providing a guarantee of the property's title quality. The General Warranty Deed offers comprehensive protection to the LLC against any claims or disputes arising before or during the granters' ownership, whereas the Special Warranty Deed protects the LLC only against claims or encumbrances that occurred during the granters' tenure.