This form is a General Warranty Deed where the Grantor is an individual and the Grantees are four individuals. Grantor conveys and generally warrants the described property to the Grantees. Grantees take the property as tenants in common or joint tenants with the right of survivorship. This deed complies with all state statutory laws.
A general warranty deed is a legal document used in real estate transactions to transfer ownership of a property from an individual to four individuals in Pearland, Texas. This type of deed guarantees that the property is free of any liens or encumbrances and that the seller (granter) holds clear title to the property. The Pearland Texas General Warranty Deed — Individual to Four Individuals is a specific type of general warranty deed that involves an individual seller transferring ownership of a property to four individuals as buyers. This type of deed can be used for various purposes, such as transferring property among family members, business partners, or friends. When executing this deed, it is essential to include specific information. The deed should clearly identify the granter (seller) and the grantees (buyers) involved in the transaction. The legal description of the property, including the metes and bounds or lot and block number, needs to be accurately stated. Additionally, the deed must explicitly state the consideration or price paid for the property. There may be different variations or subtypes of Pearland Texas General Warranty Deed — Individual to Four Individuals, such as: 1. Special Warranty Deed: A special warranty deed is similar to a general warranty deed but offers limited protection. In this version, the granter guarantees that they haven't caused any encumbrances on the property during their ownership, but they don't provide any warranty for issues arising before they acquired the property. 2. Joint Tenancy with Right of Survivorship: This type of deed establishes joint ownership between four individuals with the right of survivorship. It means that if one of the grantees passes away, their share of the property automatically transfers to the surviving co-owners. 3. Tenancy in Common: With a tenancy in common deed, the four individual grantees each own an undivided interest in the property. They can hold different percentages of ownership, and unlike joint tenancy, their shares don't automatically transfer to the surviving owners upon death. 4. Quitclaim Deed: Although not a general warranty deed, a quitclaim deed is commonly used in real estate transactions to transfer ownership interests. It conveys whatever interest the granter has in the property, but without any warranties or guarantees. In summary, the Pearland Texas General Warranty Deed — Individual to Four Individuals is a legal document that signifies the transfer of property ownership from an individual to four individuals within Pearland, Texas. This deed ensures that the seller holds clear title to the property and provides protection against any third-party claims or defects in title. Different variations include special warranty deeds, joint tenancy with right of survivorship, tenancy in common, and quitclaim deeds.A general warranty deed is a legal document used in real estate transactions to transfer ownership of a property from an individual to four individuals in Pearland, Texas. This type of deed guarantees that the property is free of any liens or encumbrances and that the seller (granter) holds clear title to the property. The Pearland Texas General Warranty Deed — Individual to Four Individuals is a specific type of general warranty deed that involves an individual seller transferring ownership of a property to four individuals as buyers. This type of deed can be used for various purposes, such as transferring property among family members, business partners, or friends. When executing this deed, it is essential to include specific information. The deed should clearly identify the granter (seller) and the grantees (buyers) involved in the transaction. The legal description of the property, including the metes and bounds or lot and block number, needs to be accurately stated. Additionally, the deed must explicitly state the consideration or price paid for the property. There may be different variations or subtypes of Pearland Texas General Warranty Deed — Individual to Four Individuals, such as: 1. Special Warranty Deed: A special warranty deed is similar to a general warranty deed but offers limited protection. In this version, the granter guarantees that they haven't caused any encumbrances on the property during their ownership, but they don't provide any warranty for issues arising before they acquired the property. 2. Joint Tenancy with Right of Survivorship: This type of deed establishes joint ownership between four individuals with the right of survivorship. It means that if one of the grantees passes away, their share of the property automatically transfers to the surviving co-owners. 3. Tenancy in Common: With a tenancy in common deed, the four individual grantees each own an undivided interest in the property. They can hold different percentages of ownership, and unlike joint tenancy, their shares don't automatically transfer to the surviving owners upon death. 4. Quitclaim Deed: Although not a general warranty deed, a quitclaim deed is commonly used in real estate transactions to transfer ownership interests. It conveys whatever interest the granter has in the property, but without any warranties or guarantees. In summary, the Pearland Texas General Warranty Deed — Individual to Four Individuals is a legal document that signifies the transfer of property ownership from an individual to four individuals within Pearland, Texas. This deed ensures that the seller holds clear title to the property and provides protection against any third-party claims or defects in title. Different variations include special warranty deeds, joint tenancy with right of survivorship, tenancy in common, and quitclaim deeds.
