This form is a General Warranty Deed where the Grantor is an individual and the Grantees are three individuals. Grantor conveys and generally warrants the described property to the Grantees. Grantees take the property as joint tenants with the right of survivoship or as tenants in common. This deed complies with all state statutory laws.
The Irving Texas General Warranty Deed — Individual to Three Individuals is a legal document that transfers ownership of real property from one individual to three individuals, providing them with a guarantee against any future claims or defects on the property title. This type of deed ensures that the granter (the individual transferring the property) holds legal ownership and has the right to sell or transfer it. In Irving, Texas, there are a few variations of the General Warranty Deed — Individual to Three Individuals that you should be aware of: 1. Irving Texas General Warranty Deed — Individual to Three Individuals with Survivorship Rights: This deed includes a survivorship clause, ensuring that if one of the three individuals passes away, their ownership interest automatically transfers to the remaining individuals, rather than being subject to probate or inheritance laws. 2. Irving Texas General Warranty Deed — Individual to Three Individuals as Joint Tenants: This type of deed creates a joint tenancy, where all three individuals hold an equal undivided interest in the property. In the event of one individual's death, their share automatically transfers to the remaining joint tenants, following the right of survivorship. 3. Irving Texas General Warranty Deed — Individual to Three Individuals as Tenants in Common: This deed type defines the three individuals as tenants in common, with each holding a specific share or percentage of the property. Unlike joint tenancy, the right of survivorship does not apply, meaning that if one individual passes away, their share will be passed on according to their will or applicable laws of intestate succession. In summary, the Irving Texas General Warranty Deed — Individual to Three Individuals is a legally binding document that transfers ownership of real property from one individual to three individuals, guaranteeing their rights and protection against future claims. Depending on the specific needs and objectives of the parties involved, there are different variations of this deed type available, including those with survivorship rights, as joint tenants, or as tenants in common. It is crucial to consult with a qualified attorney or title professional to ensure the appropriate deed is utilized for your specific situation.The Irving Texas General Warranty Deed — Individual to Three Individuals is a legal document that transfers ownership of real property from one individual to three individuals, providing them with a guarantee against any future claims or defects on the property title. This type of deed ensures that the granter (the individual transferring the property) holds legal ownership and has the right to sell or transfer it. In Irving, Texas, there are a few variations of the General Warranty Deed — Individual to Three Individuals that you should be aware of: 1. Irving Texas General Warranty Deed — Individual to Three Individuals with Survivorship Rights: This deed includes a survivorship clause, ensuring that if one of the three individuals passes away, their ownership interest automatically transfers to the remaining individuals, rather than being subject to probate or inheritance laws. 2. Irving Texas General Warranty Deed — Individual to Three Individuals as Joint Tenants: This type of deed creates a joint tenancy, where all three individuals hold an equal undivided interest in the property. In the event of one individual's death, their share automatically transfers to the remaining joint tenants, following the right of survivorship. 3. Irving Texas General Warranty Deed — Individual to Three Individuals as Tenants in Common: This deed type defines the three individuals as tenants in common, with each holding a specific share or percentage of the property. Unlike joint tenancy, the right of survivorship does not apply, meaning that if one individual passes away, their share will be passed on according to their will or applicable laws of intestate succession. In summary, the Irving Texas General Warranty Deed — Individual to Three Individuals is a legally binding document that transfers ownership of real property from one individual to three individuals, guaranteeing their rights and protection against future claims. Depending on the specific needs and objectives of the parties involved, there are different variations of this deed type available, including those with survivorship rights, as joint tenants, or as tenants in common. It is crucial to consult with a qualified attorney or title professional to ensure the appropriate deed is utilized for your specific situation.
