This form is a General Warranty Deed where the Grantors are four Individuals and the Grantees are two Individuals. Grantors convey and generally warrant the described property to the Grantee. Grantees take the property as tenants in common or as joint tenants with the right of survivorship. This deed complies with all state statutory laws.
A San Angelo Texas General Warranty Deed — Four Individuals to Two Individuals is a legal document that facilitates the transfer of property ownership from four individuals to two individuals in San Angelo, Texas. This type of deed provides a guarantee that the property being transferred is free from any defects in the title and that the granters have the lawful right to sell the property. In this specific type of deed, there may be variations or subtypes depending on the specific circumstances of the transfer. These may include: 1. Joint Tenancy Warranty Deed — Four Individuals to Two Individuals: This type of deed is used when all four individuals hold an equal share of ownership in the property and intend to transfer it to only two individuals while maintaining their joint tenancy arrangement. 2. Tenants in Common Warranty Deed — Four Individuals to Two Individuals: When the four individuals hold unequal shares in the property, and they wish to transfer it to two individuals while changing the tenancy arrangement to tenants in common, this type of deed is utilized. 3. Survivorship Deed — Four Individuals to Two Individuals: In cases where the parties intend to transfer the property to two individuals with the right of survivorship, a survivorship deed is employed. This ensures that if one of the two individuals passes away, the surviving individual automatically inherits their share. The San Angelo Texas General Warranty Deed — Four Individuals to Two Individuals includes crucial information such as the names and addresses of all parties involved, a legal description of the property, the consideration paid for the property (if any), and any conditions or covenants attached to the transfer. This deed also guarantees that the property is being transferred with no outstanding liens, encumbrances, or title defects. The granting individuals affirm their ownership rights and indemnify the two individuals receiving the property against any future claims or disputes that may arise. Overall, a San Angelo Texas General Warranty Deed — Four Individuals to Two Individuals is a legally binding document that ensures a smooth and secure transfer of property ownership from four individuals to two individuals in San Angelo, Texas, while guaranteeing the quality and validity of the title.A San Angelo Texas General Warranty Deed — Four Individuals to Two Individuals is a legal document that facilitates the transfer of property ownership from four individuals to two individuals in San Angelo, Texas. This type of deed provides a guarantee that the property being transferred is free from any defects in the title and that the granters have the lawful right to sell the property. In this specific type of deed, there may be variations or subtypes depending on the specific circumstances of the transfer. These may include: 1. Joint Tenancy Warranty Deed — Four Individuals to Two Individuals: This type of deed is used when all four individuals hold an equal share of ownership in the property and intend to transfer it to only two individuals while maintaining their joint tenancy arrangement. 2. Tenants in Common Warranty Deed — Four Individuals to Two Individuals: When the four individuals hold unequal shares in the property, and they wish to transfer it to two individuals while changing the tenancy arrangement to tenants in common, this type of deed is utilized. 3. Survivorship Deed — Four Individuals to Two Individuals: In cases where the parties intend to transfer the property to two individuals with the right of survivorship, a survivorship deed is employed. This ensures that if one of the two individuals passes away, the surviving individual automatically inherits their share. The San Angelo Texas General Warranty Deed — Four Individuals to Two Individuals includes crucial information such as the names and addresses of all parties involved, a legal description of the property, the consideration paid for the property (if any), and any conditions or covenants attached to the transfer. This deed also guarantees that the property is being transferred with no outstanding liens, encumbrances, or title defects. The granting individuals affirm their ownership rights and indemnify the two individuals receiving the property against any future claims or disputes that may arise. Overall, a San Angelo Texas General Warranty Deed — Four Individuals to Two Individuals is a legally binding document that ensures a smooth and secure transfer of property ownership from four individuals to two individuals in San Angelo, Texas, while guaranteeing the quality and validity of the title.