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 in real estate transactions to transfer property ownership from one party to another. In the case of a Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife, this document is specifically designed to transfer property between a married couple. The Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife is commonly used when the property being transferred was jointly owned by the husband and wife, and they wish to reassign the ownership solely to one of them. This type of deed provides certain assurances regarding the property's title, stating that the granters (the husband and wife) warrant that they have not done anything to encumber the property during their ownership, except for what is disclosed in the deed. There are different variations of the Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife that can be tailored to specific situations, such as: 1. Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife with Rights of Survivorship: This type of deed includes an additional provision that ensures that if one spouse passes away, their ownership interest automatically transfers to the surviving spouse, without the need for probate. 2. Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife as Tenants in Common: This variation allows the property to be owned by the spouses as tenants in common, meaning they each have a separate, transferable interest in the property. This allows for flexibility in terms of how they wish to divide the property if one of them passes away. It is essential to consult with a qualified real estate attorney when dealing with the transfer of property ownership and drafting any type of deed to ensure compliance with state laws and requirements.A special warranty deed is a legal document used in real estate transactions to transfer property ownership from one party to another. In the case of a Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife, this document is specifically designed to transfer property between a married couple. The Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife is commonly used when the property being transferred was jointly owned by the husband and wife, and they wish to reassign the ownership solely to one of them. This type of deed provides certain assurances regarding the property's title, stating that the granters (the husband and wife) warrant that they have not done anything to encumber the property during their ownership, except for what is disclosed in the deed. There are different variations of the Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife that can be tailored to specific situations, such as: 1. Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife with Rights of Survivorship: This type of deed includes an additional provision that ensures that if one spouse passes away, their ownership interest automatically transfers to the surviving spouse, without the need for probate. 2. Killeen Texas Special Warranty Deed — Husband and Wife to Husband and Wife as Tenants in Common: This variation allows the property to be owned by the spouses as tenants in common, meaning they each have a separate, transferable interest in the property. This allows for flexibility in terms of how they wish to divide the property if one of them passes away. It is essential to consult with a qualified real estate attorney when dealing with the transfer of property ownership and drafting any type of deed to ensure compliance with state laws and requirements.