This form is a Grant Deed where the grantor is an individual and the grantee is an individual. Grantor conveys and grants the described property to the grantee. This deed complies with all state statutory laws.
A Lewisville Texas Grant Deed from an Individual to an Individual is a legal document used to transfer ownership of real property from one individual to another in Lewisville, Texas. This deed is typically used when the property is being sold or gifted between family members, friends, or unrelated individuals. It serves as proof of the transfer of ownership and provides details about the property and the parties involved. Keywords: Lewisville Texas, grant deed, individual to individual, transfer of ownership, real property, legal document, property sale, property gift. There are several types of Lewisville Texas Grant Deeds from an Individual to an Individual, including: 1. General Warranty Deed: This type of grant deed offers the highest level of protection to the buyer, as the granter guarantees that they have clear and marketable title to the property, free from any encumbrances or claims. 2. Special Warranty Deed: This grant deed provides a limited warranty to the buyer. The granter warrants that they have not created any encumbrances on the property during their ownership, but they do not guarantee against any potential claims or issues that may have existed before their ownership. 3. Quitclaim Deed: A quitclaim deed transfers the granter's interest in the property without providing any warranties or guarantees. It is often used in situations where the granter is unsure about the ownership status of the property or wants to transfer their interest without assuming any liability. 4. Beneficiary Deed: This type of grant deed is unique to Texas and allows an individual to transfer their real property to another individual upon their death, without going through probate. The granter retains full control and ownership of the property during their lifetime, and the transfer occurs automatically upon their passing. In conclusion, a Lewisville Texas Grant Deed from an Individual to an Individual is a crucial legal document used to transfer ownership of real property. The specific type of grant deed chosen can vary based on the level of protection and warranties desired by the parties involved.
