This form is a General Warranty Deed where the Grantor is an individual and the Grantee is an individual. Grantor conveys and generally warrants the described property to the Grantee. The Grantor reserves and retains a life estate in the property. This deed complies with all state statutory laws.
A San Antonio Texas General Warranty Deed from Individual to Individual with Granter Reserving a Life Estate is a legal document that transfers ownership of a property from one individual to another, while allowing the original owner (granter) to retain a life estate in the property. This means that the granter can continue to live in or use the property for the duration of their life. The General Warranty Deed provides a guarantee to the buyer (grantee) that the granter has clear and marketable title to the property and holds the right to transfer ownership. It ensures that there are no undisclosed claims, liens, or encumbrances on the property, except those explicitly mentioned in the deed. In this specific type of deed, the granter reserves a life estate, which grants them the right to possess and use the property until their death. The granter essentially retains control and ownership of the property during their lifetime, while the grantee holds the remainder interest, becoming the full owner upon the granter's death. Some keywords that may be relevant to this type of deed include: San Antonio, Texas, General Warranty Deed, Individual to Individual, Granter Reserving a Life Estate, property transfer, ownership, life estate, guarantee, clear and marketable title, claims, liens, encumbrances, possess, use, control, remainder interest. It's worth noting that there may be variations or additional types of San Antonio Texas General Warranty Deeds from Individual to Individual with Granter Reserving a Life Estate, depending on specific circumstances or modifications to the standard language. These variations may differ in terms of the granter's reserved life estate rights, the extent of warranties provided, or the inclusion of any specific conditions or restrictions.
