This form is a General Warranty Deed where the Grantor is an individual and the Grantees are four individuals. The Grantor reserves a life estate. The Grantees take the property as joint tenants with the right of survivorship or as tenants in common. Grantor conveys and generally warrants the described property to the Grantees. This deed complies with all state statutory laws.
A League City Texas General Warranty Deed — One Individual to Four Individuals with reserved Life Estate in Granter is a legal document used to transfer ownership of a property from one individual to four individuals while reserving a life estate for the granter. This type of deed provides a guarantee that the property is free and clear of any encumbrances and the granter has the legal right to transfer the property. In this specific type of deed, there are no different variations or types. It simply refers to a specific circumstance where one individual (the granter) wishes to transfer ownership of a property to four individuals (the grantees) while retaining a life estate. A life estate refers to a legal right granted to the granter, allowing them to occupy and use the property for the duration of their life. This means that the granter can reside in or benefit from the property until their death, after which the property will be fully owned by the four individuals listed as grantees. Keywords: League City Texas, General Warranty Deed, one individual, four individuals, reserved Life Estate, Granter, property transfer, ownership, legal document, guarantee, encumbrances, free and clear, grantees, life estate rights, occupation, property use.A League City Texas General Warranty Deed — One Individual to Four Individuals with reserved Life Estate in Granter is a legal document used to transfer ownership of a property from one individual to four individuals while reserving a life estate for the granter. This type of deed provides a guarantee that the property is free and clear of any encumbrances and the granter has the legal right to transfer the property. In this specific type of deed, there are no different variations or types. It simply refers to a specific circumstance where one individual (the granter) wishes to transfer ownership of a property to four individuals (the grantees) while retaining a life estate. A life estate refers to a legal right granted to the granter, allowing them to occupy and use the property for the duration of their life. This means that the granter can reside in or benefit from the property until their death, after which the property will be fully owned by the four individuals listed as grantees. Keywords: League City Texas, General Warranty Deed, one individual, four individuals, reserved Life Estate, Granter, property transfer, ownership, legal document, guarantee, encumbrances, free and clear, grantees, life estate rights, occupation, property use.
