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.
The Houston Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company is a legal document used to transfer ownership of real property from a married couple to a limited liability company (LLC) in the Houston, Texas area. This type of deed provides certain guarantees and protections to the buyer (the LLC) regarding the title and condition of the property. Keywords: Houston Texas, Assumption Warranty Deed, Husband and Wife, Limited Liability Company, transfer ownership, real property, guarantees, protections, title, condition. There are various types of Houston Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company, each with its own specific requirements and features. Some common variations include: 1. General Warranty Deed — Husband and Wife to LLC: This type of deed provides the highest level of protection to the buyer (the LLC). It guarantees that the sellers (the married couple) have clear ownership of the property and that there are no undisclosed encumbrances or title defects. In case of any future claims or disputes related to the property, the sellers are responsible for defending the buyer's ownership rights. 2. Special Warranty Deed — Husband and Wife to LLC: Unlike a general warranty deed, a special warranty deed only provides limited guarantees to the buyer. It assures the buyer that the sellers have not done anything to impair the title during their ownership. However, it does not provide protection against any potential title defects or encumbrances that may have existed prior to the sellers' ownership. 3. Quitclaim Deed — Husband and Wife to LLC: A quitclaim deed transfers the sellers' interest in the property to the buyer without making any warranties or guarantees. It essentially transfers whatever ownership rights the sellers have, if any. This type of deed is often used in situations where the sellers do not want to be held responsible for any title issues or encumbrances. It is important to consult with a qualified real estate attorney or professional to determine the most appropriate type of assumption warranty deed for a specific property transaction in Houston, Texas. They can provide guidance based on the specific circumstances and requirements of the buyer and sellers involved.The Houston Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company is a legal document used to transfer ownership of real property from a married couple to a limited liability company (LLC) in the Houston, Texas area. This type of deed provides certain guarantees and protections to the buyer (the LLC) regarding the title and condition of the property. Keywords: Houston Texas, Assumption Warranty Deed, Husband and Wife, Limited Liability Company, transfer ownership, real property, guarantees, protections, title, condition. There are various types of Houston Texas Assumption Warranty Deed — Husband and Wife to Limited Liability Company, each with its own specific requirements and features. Some common variations include: 1. General Warranty Deed — Husband and Wife to LLC: This type of deed provides the highest level of protection to the buyer (the LLC). It guarantees that the sellers (the married couple) have clear ownership of the property and that there are no undisclosed encumbrances or title defects. In case of any future claims or disputes related to the property, the sellers are responsible for defending the buyer's ownership rights. 2. Special Warranty Deed — Husband and Wife to LLC: Unlike a general warranty deed, a special warranty deed only provides limited guarantees to the buyer. It assures the buyer that the sellers have not done anything to impair the title during their ownership. However, it does not provide protection against any potential title defects or encumbrances that may have existed prior to the sellers' ownership. 3. Quitclaim Deed — Husband and Wife to LLC: A quitclaim deed transfers the sellers' interest in the property to the buyer without making any warranties or guarantees. It essentially transfers whatever ownership rights the sellers have, if any. This type of deed is often used in situations where the sellers do not want to be held responsible for any title issues or encumbrances. It is important to consult with a qualified real estate attorney or professional to determine the most appropriate type of assumption warranty deed for a specific property transaction in Houston, Texas. They can provide guidance based on the specific circumstances and requirements of the buyer and sellers involved.
