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.
Dallas Texas General Warranty Deed with Vendor's Lien — Individual to Individual is a legal document that conveys ownership of real property from one individual to another in Dallas, Texas. It provides a guarantee that the seller holds clear title to the property and guarantees the property against any defects or claims arising from prior owners or encumbrances. This type of deed is often used in real estate transactions between individual sellers and buyers in Dallas, Texas. The inclusion of a Vendor's Lien allows the seller to secure the payment of the purchase price, creating a lien on the property until the debt is fully paid. There are different variations of the Dallas Texas General Warranty Deed with Vendor's Lien — Individual to Individual, depending on specific conditions and circumstances. Some variations may include: 1. Dallas Texas General Warranty Deed with Vendor's Lien and Cash Sale — Individual to Individual: This type of deed is used when the property is being sold for a cash payment only, with no financing or mortgage involved. 2. Dallas Texas General Warranty Deed with Vendor's Lien and Installment Sale — Individual to Individual: This variation applies when the purchase price is being paid in installments, allowing the seller to retain a Vendor's Lien until the full payment is received. 3. Dallas Texas General Warranty Deed with Vendor's Lien and Assumption of Mortgage — Individual to Individual: This type of deed is used when the buyer takes over an existing mortgage on the property from the seller, and the seller retains a Vendor's Lien to secure any remaining balance due. It is crucial for both parties involved in the transaction to fully understand the terms and implications of the Dallas Texas General Warranty Deed with Vendor's Lien — Individual to Individual. Consulting with a real estate attorney or experienced professional is recommended to ensure a smooth and legally compliant transfer of ownership.Dallas Texas General Warranty Deed with Vendor's Lien — Individual to Individual is a legal document that conveys ownership of real property from one individual to another in Dallas, Texas. It provides a guarantee that the seller holds clear title to the property and guarantees the property against any defects or claims arising from prior owners or encumbrances. This type of deed is often used in real estate transactions between individual sellers and buyers in Dallas, Texas. The inclusion of a Vendor's Lien allows the seller to secure the payment of the purchase price, creating a lien on the property until the debt is fully paid. There are different variations of the Dallas Texas General Warranty Deed with Vendor's Lien — Individual to Individual, depending on specific conditions and circumstances. Some variations may include: 1. Dallas Texas General Warranty Deed with Vendor's Lien and Cash Sale — Individual to Individual: This type of deed is used when the property is being sold for a cash payment only, with no financing or mortgage involved. 2. Dallas Texas General Warranty Deed with Vendor's Lien and Installment Sale — Individual to Individual: This variation applies when the purchase price is being paid in installments, allowing the seller to retain a Vendor's Lien until the full payment is received. 3. Dallas Texas General Warranty Deed with Vendor's Lien and Assumption of Mortgage — Individual to Individual: This type of deed is used when the buyer takes over an existing mortgage on the property from the seller, and the seller retains a Vendor's Lien to secure any remaining balance due. It is crucial for both parties involved in the transaction to fully understand the terms and implications of the Dallas Texas General Warranty Deed with Vendor's Lien — Individual to Individual. Consulting with a real estate attorney or experienced professional is recommended to ensure a smooth and legally compliant transfer of ownership.