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 deed includes provision for a vendor's lien. This deed complies with all state statutory laws.
Corpus Christi Texas General Warranty Deed with Vendor's Lien — Individual to Individual is a legal document used to transfer ownership of real estate property from one individual to another in Corpus Christi, Texas. This type of deed provides a guarantee to the buyer (grantee) that the property is free from any liens, encumbrances, or title defects, except those explicitly mentioned in the deed. The general warranty deed with vendor's lien also includes a vendor's lien provision, which allows the seller (vendor) to retain a lien on the property until the purchase price is paid in full. This lien gives the vendor security if the buyer defaults on the payment and provides a legal claim to the property. Different types of Corpus Christi Texas General Warranty Deed with Vendor's Lien — Individual to Individual may include: 1. Standard General Warranty Deed with Vendor's Lien: This is the most common type, where the seller guarantees full legal ownership of the property with no hidden defects. The vendor's lien provides protection to the seller until the buyer fulfills their payment obligations. 2. Special General Warranty Deed with Vendor's Lien: This type of deed limits the warranty to only cover title defects or encumbrances that occurred during the seller's ownership. This means that the buyer may not be fully protected against previous ownership issues. 3. Limited General Warranty Deed with Vendor's Lien: In this type of deed, the seller provides a warranty guaranteeing against title defects or encumbrances that occurred only during their ownership period. Any defects arising before the seller's ownership are not covered by this limited warranty. 4. Statutory Warranty Deed with Vendor's Lien: This type of deed is commonly used in Texas and provides warranties and protections similar to the general warranty deed above but is specifically tailored to comply with state laws and requirements. When using a Corpus Christi Texas General Warranty Deed with Vendor's Lien — Individual to Individual, it is essential to consult with a real estate attorney to ensure compliance with local laws and regulations. This legal document protects both the buyer and the seller by providing a clear transfer of ownership and securing the seller's financial interests.Corpus Christi Texas General Warranty Deed with Vendor's Lien — Individual to Individual is a legal document used to transfer ownership of real estate property from one individual to another in Corpus Christi, Texas. This type of deed provides a guarantee to the buyer (grantee) that the property is free from any liens, encumbrances, or title defects, except those explicitly mentioned in the deed. The general warranty deed with vendor's lien also includes a vendor's lien provision, which allows the seller (vendor) to retain a lien on the property until the purchase price is paid in full. This lien gives the vendor security if the buyer defaults on the payment and provides a legal claim to the property. Different types of Corpus Christi Texas General Warranty Deed with Vendor's Lien — Individual to Individual may include: 1. Standard General Warranty Deed with Vendor's Lien: This is the most common type, where the seller guarantees full legal ownership of the property with no hidden defects. The vendor's lien provides protection to the seller until the buyer fulfills their payment obligations. 2. Special General Warranty Deed with Vendor's Lien: This type of deed limits the warranty to only cover title defects or encumbrances that occurred during the seller's ownership. This means that the buyer may not be fully protected against previous ownership issues. 3. Limited General Warranty Deed with Vendor's Lien: In this type of deed, the seller provides a warranty guaranteeing against title defects or encumbrances that occurred only during their ownership period. Any defects arising before the seller's ownership are not covered by this limited warranty. 4. Statutory Warranty Deed with Vendor's Lien: This type of deed is commonly used in Texas and provides warranties and protections similar to the general warranty deed above but is specifically tailored to comply with state laws and requirements. When using a Corpus Christi Texas General Warranty Deed with Vendor's Lien — Individual to Individual, it is essential to consult with a real estate attorney to ensure compliance with local laws and regulations. This legal document protects both the buyer and the seller by providing a clear transfer of ownership and securing the seller's financial interests.