This form is a General Warranty Deed where the grantor is an individual and the grantee is a limited liability company. Grantor conveys and generally warrants the described property to the grantee. This deed complies with all state statutory laws.
A Frisco Texas General Warranty Deed — Individual to Limited Liability Company is a legal document that transfers ownership of real estate property from an individual to a limited liability company (LLC) in Frisco, Texas. This type of deed provides certain warranties or guarantees to the LLC regarding the ownership and condition of the property. The Frisco Texas General Warranty Deed — Individual to Limited Liability Company is typically used when an individual wants to transfer their ownership of a property to an LLC that they own or are associated with. This can be beneficial for various reasons, such as personal liability protection or tax advantages. In this type of deed, the individual (the granter) who owns the property conveys all of their ownership rights, title, and interest to the LLC (the grantee). The deed includes specific language stating that the granter has the authority to convey the property and that it is free from any encumbrances or defects in title. By using a general warranty deed, the granter provides several important guarantees to the LLC. These include: 1. Covenant of Basin: The granter guarantees that they own the property and have the legal right to transfer it. 2. Covenant of Right to Convey: The granter guarantees that they have the authority to transfer the property and that there are no restrictions preventing the transfer. 3. Covenant against Encumbrances: The granter guarantees that the property is free from any liens, mortgages, or other encumbrances, except those specified in the deed. 4. Covenant of Quiet Enjoyment: The granter guarantees that the grantee will not be disturbed in their ownership or use of the property by any third parties claiming superior title. There may be variations of the Frisco Texas General Warranty Deed — Individual to Limited Liability Company, depending on specific circumstances or additional provisions required. For example: — Frisco Texas General Warranty Dee— - Individual to LLC with Additional Consideration: This type of deed is used when the transfer of ownership includes additional financial consideration or compensation to the individual granter. — Frisco Texas General Warranty Deed — Individual to LLC with Specific Restrictions: This variant may be used when there are specific restrictions or limitations on the use of the property that the granter wants to include in the deed. It is important to consult with a qualified real estate attorney or legal professional familiar with Frisco, Texas real estate laws when preparing and executing a Frisco Texas General Warranty Deed — Individual to Limited Liability Company, as the proper language and legal requirements must be adhered to for a valid transfer of ownership.A Frisco Texas General Warranty Deed — Individual to Limited Liability Company is a legal document that transfers ownership of real estate property from an individual to a limited liability company (LLC) in Frisco, Texas. This type of deed provides certain warranties or guarantees to the LLC regarding the ownership and condition of the property. The Frisco Texas General Warranty Deed — Individual to Limited Liability Company is typically used when an individual wants to transfer their ownership of a property to an LLC that they own or are associated with. This can be beneficial for various reasons, such as personal liability protection or tax advantages. In this type of deed, the individual (the granter) who owns the property conveys all of their ownership rights, title, and interest to the LLC (the grantee). The deed includes specific language stating that the granter has the authority to convey the property and that it is free from any encumbrances or defects in title. By using a general warranty deed, the granter provides several important guarantees to the LLC. These include: 1. Covenant of Basin: The granter guarantees that they own the property and have the legal right to transfer it. 2. Covenant of Right to Convey: The granter guarantees that they have the authority to transfer the property and that there are no restrictions preventing the transfer. 3. Covenant against Encumbrances: The granter guarantees that the property is free from any liens, mortgages, or other encumbrances, except those specified in the deed. 4. Covenant of Quiet Enjoyment: The granter guarantees that the grantee will not be disturbed in their ownership or use of the property by any third parties claiming superior title. There may be variations of the Frisco Texas General Warranty Deed — Individual to Limited Liability Company, depending on specific circumstances or additional provisions required. For example: — Frisco Texas General Warranty Dee— - Individual to LLC with Additional Consideration: This type of deed is used when the transfer of ownership includes additional financial consideration or compensation to the individual granter. — Frisco Texas General Warranty Deed — Individual to LLC with Specific Restrictions: This variant may be used when there are specific restrictions or limitations on the use of the property that the granter wants to include in the deed. It is important to consult with a qualified real estate attorney or legal professional familiar with Frisco, Texas real estate laws when preparing and executing a Frisco Texas General Warranty Deed — Individual to Limited Liability Company, as the proper language and legal requirements must be adhered to for a valid transfer of ownership.