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.
A Lewisville Texas Special Warranty Deed — Corporation to Corporation is a legally binding document used to transfer ownership of real estate property between two corporations in Lewisville, Texas. This type of deed provides certain warranties and protections to the buyer (transferee) against any defects in the title to the property, but only for the period of time during which the seller (transferor) owned the property. The special warranty deed ensures that the corporation selling the property will defend the buyer against any claims arising from the time the seller acquired ownership until the transfer of the property. However, it does not guarantee against any claims or defects that existed prior to the seller's ownership. Some key terms related to the Lewisville Texas Special Warranty Deed — Corporation to Corporation include: 1. Property: Refers to the parcel of land or real estate being transferred from one corporation to another in Lewisville, Texas. 2. Corporation: Identifies both the seller (transferor) and buyer (transferee) as legal entities with separate identities, which are involved in the transfer of the property. 3. Transfer of Ownership: Represents the legal process through which ownership of the property is conveyed from the transferring corporation to the receiving corporation. 4. Title: Denotes the legal right to ownership and possession of the property being transferred. 5. Warranty: Refers to the assurances and guarantees made by the seller to the buyer regarding the title and ownership of the property. Different types of Lewisville Texas Special Warranty Deed — Corporation to Corporation may include variations based on specific circumstances or additional clauses incorporated by the parties involved. Some of these variations could include: 1. Special Warranty Deed with Consideration: This type of deed specifies the monetary consideration involved in the property transfer and includes provisions related to financial transactions between the corporations. 2. Special Warranty Deed with Restrictions: In certain cases, the deed may contain additional restrictions or covenants imposed by the seller on the property's future use, such as limitations on development, zoning restrictions, or easements. 3. Special Warranty Deed with Indemnity: This variation may include indemnification clauses, meaning the seller agrees to compensate the buyer for any losses, damages, or legal expenses resulting from title defects or other claims related to the property. It is essential to consult with legal professionals or a licensed attorney specializing in real estate law to ensure the proper drafting and execution of a Lewisville Texas Special Warranty Deed — Corporation to Corporation, as the specific requirements and regulations may vary in different jurisdictions.A Lewisville Texas Special Warranty Deed — Corporation to Corporation is a legally binding document used to transfer ownership of real estate property between two corporations in Lewisville, Texas. This type of deed provides certain warranties and protections to the buyer (transferee) against any defects in the title to the property, but only for the period of time during which the seller (transferor) owned the property. The special warranty deed ensures that the corporation selling the property will defend the buyer against any claims arising from the time the seller acquired ownership until the transfer of the property. However, it does not guarantee against any claims or defects that existed prior to the seller's ownership. Some key terms related to the Lewisville Texas Special Warranty Deed — Corporation to Corporation include: 1. Property: Refers to the parcel of land or real estate being transferred from one corporation to another in Lewisville, Texas. 2. Corporation: Identifies both the seller (transferor) and buyer (transferee) as legal entities with separate identities, which are involved in the transfer of the property. 3. Transfer of Ownership: Represents the legal process through which ownership of the property is conveyed from the transferring corporation to the receiving corporation. 4. Title: Denotes the legal right to ownership and possession of the property being transferred. 5. Warranty: Refers to the assurances and guarantees made by the seller to the buyer regarding the title and ownership of the property. Different types of Lewisville Texas Special Warranty Deed — Corporation to Corporation may include variations based on specific circumstances or additional clauses incorporated by the parties involved. Some of these variations could include: 1. Special Warranty Deed with Consideration: This type of deed specifies the monetary consideration involved in the property transfer and includes provisions related to financial transactions between the corporations. 2. Special Warranty Deed with Restrictions: In certain cases, the deed may contain additional restrictions or covenants imposed by the seller on the property's future use, such as limitations on development, zoning restrictions, or easements. 3. Special Warranty Deed with Indemnity: This variation may include indemnification clauses, meaning the seller agrees to compensate the buyer for any losses, damages, or legal expenses resulting from title defects or other claims related to the property. It is essential to consult with legal professionals or a licensed attorney specializing in real estate law to ensure the proper drafting and execution of a Lewisville Texas Special Warranty Deed — Corporation to Corporation, as the specific requirements and regulations may vary in different jurisdictions.
