This form is a Special Warranty Deed where the Grantor is a corporation and the Grantee is a corporation. Grantor conveys and specially warrants the described property to the Grantee. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under grantor, but not otherwise. This deed complies with all state statutory laws.
League City Texas Special Warranty Deed — Corporation to Corporation refers to a legal document that signifies the transfer of property rights from one corporation to another in League City, Texas. This type of deed provides limited warranty protection to the buyer, ensuring that the property has not been encumbered during the seller corporation's ownership. This description aims to provide a comprehensive understanding of this specific deed type, clarifying its purpose and any potential variations within League City, Texas. A Special Warranty Deed in League City, Texas is executed when a corporation, acting as the granter, transfers property ownership to another corporation, referred to as the grantee. This type of deed warrants only against claims or encumbrances that occurred during the granter corporation's ownership period. It does not guarantee against any prior claims, which means the buyer assumes the risk of potential defects or claims that may arise from previous ownership. The League City Texas Special Warranty Deed — Corporation to Corporation is an essential legal instrument that enables corporations to transfer title and interest in properties with limited warranty protections. It is crucial for both the granter and grantee corporations to understand and fulfill their legal obligations under this deed type to ensure a smooth and lawful property transfer process. It's important to note that while the League City Texas Special Warranty Deed — Corporation to Corporation is the most common and relevant type, there might be additional variations specific to League City. Furthermore, it is advisable for corporations involved in such transactions to consult with a qualified real estate attorney or title company well-versed in League City property laws to grasp any potential nuances or modifications that may exist. In summary, the League City Texas Special Warranty Deed — Corporation to Corporation is a legal document utilized by corporations to transfer property rights within League City. It provides limited warranty assurances against claims or encumbrances that occurred during the seller corporation's ownership period. While this description covers the key aspects of this deed type, it is crucial for corporations to seek legal advice to ensure compliance with League City's specific regulations and variations that may impact the deed's execution.League City Texas Special Warranty Deed — Corporation to Corporation refers to a legal document that signifies the transfer of property rights from one corporation to another in League City, Texas. This type of deed provides limited warranty protection to the buyer, ensuring that the property has not been encumbered during the seller corporation's ownership. This description aims to provide a comprehensive understanding of this specific deed type, clarifying its purpose and any potential variations within League City, Texas. A Special Warranty Deed in League City, Texas is executed when a corporation, acting as the granter, transfers property ownership to another corporation, referred to as the grantee. This type of deed warrants only against claims or encumbrances that occurred during the granter corporation's ownership period. It does not guarantee against any prior claims, which means the buyer assumes the risk of potential defects or claims that may arise from previous ownership. The League City Texas Special Warranty Deed — Corporation to Corporation is an essential legal instrument that enables corporations to transfer title and interest in properties with limited warranty protections. It is crucial for both the granter and grantee corporations to understand and fulfill their legal obligations under this deed type to ensure a smooth and lawful property transfer process. It's important to note that while the League City Texas Special Warranty Deed — Corporation to Corporation is the most common and relevant type, there might be additional variations specific to League City. Furthermore, it is advisable for corporations involved in such transactions to consult with a qualified real estate attorney or title company well-versed in League City property laws to grasp any potential nuances or modifications that may exist. In summary, the League City Texas Special Warranty Deed — Corporation to Corporation is a legal document utilized by corporations to transfer property rights within League City. It provides limited warranty assurances against claims or encumbrances that occurred during the seller corporation's ownership period. While this description covers the key aspects of this deed type, it is crucial for corporations to seek legal advice to ensure compliance with League City's specific regulations and variations that may impact the deed's execution.
