This form is a Special Warranty Deed where the grantors are husband and wife and the grantees are husband and wife. Grantors convey and specially warrant the described property to the grantee. The grantors only warrant and will defend the property only as to claims of persons claiming by, through or under grantors, but not otherwise. This deed complies with all state statutory laws.
A Special Warranty Deed is a legal document used to transfer ownership of real estate property from one party to another. In Austin, Texas, the Special Warranty Deed — Husband and Wife to Husband and Wife is a specific type of deed that is commonly used when a married couple wants to transfer property between themselves. This type of deed reflects that both spouses own and are involved in the transfer of the property. The use of "Husband and Wife" in the deed indicates that both individuals, as a married couple, hold joint ownership and are conveying the property to themselves. The Special Warranty Deed in Austin, Texas provides certain assurances and protections to the buyer or subsequent owner. By using this deed, the granters (the husband and wife) guarantee that they have not encumbered the property except for any specific exceptions or limitations mentioned within the deed. The granters also commit to defend the property against any claims made by third parties that may arise during their ownership period. It's worth noting that variations of the Special Warranty Deed — Husband and Wife to Husband and Wife may exist, depending on specific circumstances or preferences of the parties involved. For example, there could be multiple variations based on the needs of the individuals, such as a Special Warranty Deed — Husband and Wife to Husband and Wife with Survivorship or a Special Warranty Deed — Husband and Wife to Husband and Wife with Co-Tenancy. A Special Warranty Deed with Survivorship grants the surviving spouse full rights of ownership upon the death of the other spouse, avoiding probate. On the other hand, a Special Warranty Deed with Co-Tenancy, also known as Tenancy in Common, allows each spouse to have a distinct share or interest in the property, which can be transferred or inherited separately following their death. In summary, the Austin Texas Special Warranty Deed — Husband and Wife to Husband and Wife is a legal instrument used for the transfer of property between spouses. It offers a level of protection to the buyer by guaranteeing that the property has not been encumbered beyond specified exceptions. Other variations of this deed include Special Warranty Deed — Husband and Wife to Husband and Wife with Survivorship and Special Warranty Deed — Husband and Wife to Husband and Wife with Co-Tenancy.A Special Warranty Deed is a legal document used to transfer ownership of real estate property from one party to another. In Austin, Texas, the Special Warranty Deed — Husband and Wife to Husband and Wife is a specific type of deed that is commonly used when a married couple wants to transfer property between themselves. This type of deed reflects that both spouses own and are involved in the transfer of the property. The use of "Husband and Wife" in the deed indicates that both individuals, as a married couple, hold joint ownership and are conveying the property to themselves. The Special Warranty Deed in Austin, Texas provides certain assurances and protections to the buyer or subsequent owner. By using this deed, the granters (the husband and wife) guarantee that they have not encumbered the property except for any specific exceptions or limitations mentioned within the deed. The granters also commit to defend the property against any claims made by third parties that may arise during their ownership period. It's worth noting that variations of the Special Warranty Deed — Husband and Wife to Husband and Wife may exist, depending on specific circumstances or preferences of the parties involved. For example, there could be multiple variations based on the needs of the individuals, such as a Special Warranty Deed — Husband and Wife to Husband and Wife with Survivorship or a Special Warranty Deed — Husband and Wife to Husband and Wife with Co-Tenancy. A Special Warranty Deed with Survivorship grants the surviving spouse full rights of ownership upon the death of the other spouse, avoiding probate. On the other hand, a Special Warranty Deed with Co-Tenancy, also known as Tenancy in Common, allows each spouse to have a distinct share or interest in the property, which can be transferred or inherited separately following their death. In summary, the Austin Texas Special Warranty Deed — Husband and Wife to Husband and Wife is a legal instrument used for the transfer of property between spouses. It offers a level of protection to the buyer by guaranteeing that the property has not been encumbered beyond specified exceptions. Other variations of this deed include Special Warranty Deed — Husband and Wife to Husband and Wife with Survivorship and Special Warranty Deed — Husband and Wife to Husband and Wife with Co-Tenancy.