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 Special Warranty Deed — Corporation to Corporation refers to a legal document used in San Angelo, Texas, to transfer real estate ownership from one corporation to another corporation with certain limitations on the seller's liability. This type of deed provides the buyer with some protection against any defects in the title that may have occurred during the time the property was under the seller's ownership. In San Angelo, there are two primary types of Special Warranty Deed — Corporation to Corporation, namely: 1. San Angelo Texas Special Warranty Deed — Corporation to Corporation with General Warranty: This type of deed offers the buyer the highest level of protection by warranting and guaranteeing the title against any defects, encumbrances, or claims, whether they arose before or during the seller's ownership. It assures the buyer that the property is free from any undisclosed legal issues that may impact their ownership. 2. San Angelo Texas Special Warranty Deed — Corporation to Corporation with Limited Warranty: This type of deed provides the buyer with limited protection by warranting and guaranteeing the title only against defects, encumbrances, or claims that may have arisen during the seller's ownership period. It does not protect the buyer against any issues that occurred before the seller acquired the property, potentially exposing the buyer to risks associated with past ownership. When executing a Special Warranty Deed — Corporation to Corporation in San Angelo, it is crucial to follow specific legal procedures and meet specific requirements as outlined by the relevant state laws. It's highly recommended for both the buyer and the seller to consult with a qualified real estate attorney to ensure compliance with all legal obligations and to safeguard their respective interests. By using a Special Warranty Deed — Corporation to Corporation in San Angelo, Texas, businesses can engage in property transactions with added protection and clarity regarding the condition of the title. This type of deed enables corporations to transfer real estate assets smoothly while ensuring the buyer has some recourse if any issues arise related to the seller's period of ownership.A Special Warranty Deed — Corporation to Corporation refers to a legal document used in San Angelo, Texas, to transfer real estate ownership from one corporation to another corporation with certain limitations on the seller's liability. This type of deed provides the buyer with some protection against any defects in the title that may have occurred during the time the property was under the seller's ownership. In San Angelo, there are two primary types of Special Warranty Deed — Corporation to Corporation, namely: 1. San Angelo Texas Special Warranty Deed — Corporation to Corporation with General Warranty: This type of deed offers the buyer the highest level of protection by warranting and guaranteeing the title against any defects, encumbrances, or claims, whether they arose before or during the seller's ownership. It assures the buyer that the property is free from any undisclosed legal issues that may impact their ownership. 2. San Angelo Texas Special Warranty Deed — Corporation to Corporation with Limited Warranty: This type of deed provides the buyer with limited protection by warranting and guaranteeing the title only against defects, encumbrances, or claims that may have arisen during the seller's ownership period. It does not protect the buyer against any issues that occurred before the seller acquired the property, potentially exposing the buyer to risks associated with past ownership. When executing a Special Warranty Deed — Corporation to Corporation in San Angelo, it is crucial to follow specific legal procedures and meet specific requirements as outlined by the relevant state laws. It's highly recommended for both the buyer and the seller to consult with a qualified real estate attorney to ensure compliance with all legal obligations and to safeguard their respective interests. By using a Special Warranty Deed — Corporation to Corporation in San Angelo, Texas, businesses can engage in property transactions with added protection and clarity regarding the condition of the title. This type of deed enables corporations to transfer real estate assets smoothly while ensuring the buyer has some recourse if any issues arise related to the seller's period of ownership.