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 San Antonio Texas General Warranty Deed — Individual to Four Individuals is a legal document that transfers ownership of a real estate property from an individual seller to four individual buyers, providing assurance and protection against any future claims or defects related to the property's title. This type of deed contains several essential elements, including the names and contact information of the granter (seller) and grantees (buyers), a legal description of the property being transferred, and a guarantee that the granter possesses the legal right to transfer ownership. The General Warranty Deed offers the broadest level of protection for the buyer, as it not only guarantees the granter's ownership rights but also guarantees that the property is free from any encumbrances or defects in the chain of title. This means that the granter is legally accountable to defend the buyer against any claims, whether arising from previous ownership or other legal disputes. Different variations of San Antonio Texas General Warranty Deeds — Individual to Four Individuals may be categorized based on specific conditions or additional provisions. For example, a San Antonio Texas General Warranty Deed — Individual to Four Individuals with Right of Survivorship includes a clause stating that if one of the four individuals passes away, their share automatically transfers to the surviving co-owners. Another type of General Warranty Deed is the San Antonio Texas General Warranty Deed — Individual to Four Individuals with Assumption of Mortgage. In such cases, the buyer agrees to assume the existing mortgage on the property, relieving the seller of any further financial responsibility for the mortgage. In summary, a San Antonio Texas General Warranty Deed — Individual to Four Individuals is a legally binding document facilitating the transfer of ownership from an individual seller to four individual buyers, accompanied by a comprehensive warranty guaranteeing the title's integrity and defending against any potential future claims or encumbrances.A San Antonio Texas General Warranty Deed — Individual to Four Individuals is a legal document that transfers ownership of a real estate property from an individual seller to four individual buyers, providing assurance and protection against any future claims or defects related to the property's title. This type of deed contains several essential elements, including the names and contact information of the granter (seller) and grantees (buyers), a legal description of the property being transferred, and a guarantee that the granter possesses the legal right to transfer ownership. The General Warranty Deed offers the broadest level of protection for the buyer, as it not only guarantees the granter's ownership rights but also guarantees that the property is free from any encumbrances or defects in the chain of title. This means that the granter is legally accountable to defend the buyer against any claims, whether arising from previous ownership or other legal disputes. Different variations of San Antonio Texas General Warranty Deeds — Individual to Four Individuals may be categorized based on specific conditions or additional provisions. For example, a San Antonio Texas General Warranty Deed — Individual to Four Individuals with Right of Survivorship includes a clause stating that if one of the four individuals passes away, their share automatically transfers to the surviving co-owners. Another type of General Warranty Deed is the San Antonio Texas General Warranty Deed — Individual to Four Individuals with Assumption of Mortgage. In such cases, the buyer agrees to assume the existing mortgage on the property, relieving the seller of any further financial responsibility for the mortgage. In summary, a San Antonio Texas General Warranty Deed — Individual to Four Individuals is a legally binding document facilitating the transfer of ownership from an individual seller to four individual buyers, accompanied by a comprehensive warranty guaranteeing the title's integrity and defending against any potential future claims or encumbrances.