This form is an Assumption Warranty Deed where the Grantors are husband and wife and the Grantee is a limited liability company. Grantors convey and warrant the described property to the Grantee. As part of the consideration for the transfer, the Grantee assumes the existing note and deed of trust. This deed complies with all state statutory laws.
A Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company is a legal document that facilitates the transfer of ownership of a property from a husband and wife to a limited liability company (LLC) with the added responsibility of assuming any outstanding liabilities or encumbrances associated with the property. This type of deed is commonly used when a husband and wife want to transfer a property they jointly own to their LLC, thereby protecting themselves from personal liability while conducting business activities. The Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company includes specific clauses and provisions to ensure a smooth transfer of ownership and assumption of liabilities. The deed outlines the property's legal description, the names of the husband and wife as granters, and the LLC's name as the grantee. It also includes a statement of consideration, which details any financial arrangements associated with the transfer. One of the key features of the Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company is the assumption of warranties. In this deed, the granters provide a warranty that they own the property, have the full authority to convey it, and that the property is free from any encumbrances, except as specifically mentioned in the deed. There are different variations of this deed, which include: 1. Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company with Full Warranty: This type of deed provides the highest level of protection for the grantee, as it guarantees that the granters will defend against any claims or issues related to the title. 2. Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company with Limited Warranty: This deed offers a more limited assurance from the granters, stating that they have not caused any encumbrances on the property but providing no warranty for any issues that existed before the transfer. 3. Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company without Warranty: This type of deed provides no warranties or assurances from the granters, leaving the grantee solely responsible for any title issues or encumbrances. In conclusion, a Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company is a legal document used to transfer the ownership of a property from a husband and wife to their LLC while assuming the property's liabilities. Different variations of this deed provide varying levels of warranty and protection for the grantee.A Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company is a legal document that facilitates the transfer of ownership of a property from a husband and wife to a limited liability company (LLC) with the added responsibility of assuming any outstanding liabilities or encumbrances associated with the property. This type of deed is commonly used when a husband and wife want to transfer a property they jointly own to their LLC, thereby protecting themselves from personal liability while conducting business activities. The Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company includes specific clauses and provisions to ensure a smooth transfer of ownership and assumption of liabilities. The deed outlines the property's legal description, the names of the husband and wife as granters, and the LLC's name as the grantee. It also includes a statement of consideration, which details any financial arrangements associated with the transfer. One of the key features of the Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company is the assumption of warranties. In this deed, the granters provide a warranty that they own the property, have the full authority to convey it, and that the property is free from any encumbrances, except as specifically mentioned in the deed. There are different variations of this deed, which include: 1. Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company with Full Warranty: This type of deed provides the highest level of protection for the grantee, as it guarantees that the granters will defend against any claims or issues related to the title. 2. Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company with Limited Warranty: This deed offers a more limited assurance from the granters, stating that they have not caused any encumbrances on the property but providing no warranty for any issues that existed before the transfer. 3. Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company without Warranty: This type of deed provides no warranties or assurances from the granters, leaving the grantee solely responsible for any title issues or encumbrances. In conclusion, a Harris Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company is a legal document used to transfer the ownership of a property from a husband and wife to their LLC while assuming the property's liabilities. Different variations of this deed provide varying levels of warranty and protection for the grantee.
