This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is a trust. 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 Ggrantor, but not otherwise. This deed complies with all state statutory laws.
this In Abilene, Texas, a Special Warranty Deed from an Individual to a Trust is a legal document that transfers property ownership from an individual to a trust with certain protections and limitations. This type of deed provides a level of assurance to the trust that the granter (individual) holds clear title to the property, but it also places limitations on the extent of the guarantee provided by the individual. Unlike a General Warranty Deed, which guarantees the title against any and all claims, a Special Warranty Deed only guarantees against claims that arose during the granter's ownership of the property. This means that if any title defects or claims arise from previous owners, the granter is not liable for them. The level of protection offered by a Special Warranty Deed is more limited compared to a General Warranty Deed. Within the category of Abilene Texas Special Warranty Deed from an Individual to a Trust, there may be several subtypes based on specific circumstances or variations in the language used. Some commonly encountered variations include: 1. Temporary Special Warranty Deed: This type of deed may be utilized when the transfer of ownership to the trust is for a specific period or purpose. It provides the trust with a limited warranty during the agreed-upon duration. 2. Conditional Special Warranty Deed: In specific situations, a granter may choose to impose certain conditions on the warranty provided by the deed. These conditions could relate to the property's use, maintenance, or other factors deemed important by the granter. 3. Single Asset Special Warranty Deed: In case the trust owns multiple properties, a granter may choose to use a Single Asset Special Warranty Deed to transfer ownership of a particular property to the trust. This type of deed focuses solely on a specific asset, rather than encompassing all the properties held by the trust. Overall, a Special Warranty Deed from an Individual to a Trust in Abilene, Texas serves as a legal instrument to transfer property ownership while offering a limited warranty of title. It ensures that the granter has not encumbered the property during their ownership period but does not extend the warranty to include potential title issues from prior owners.In Abilene, Texas, a Special Warranty Deed from an Individual to a Trust is a legal document that transfers property ownership from an individual to a trust with certain protections and limitations. This type of deed provides a level of assurance to the trust that the granter (individual) holds clear title to the property, but it also places limitations on the extent of the guarantee provided by the individual. Unlike a General Warranty Deed, which guarantees the title against any and all claims, a Special Warranty Deed only guarantees against claims that arose during the granter's ownership of the property. This means that if any title defects or claims arise from previous owners, the granter is not liable for them. The level of protection offered by a Special Warranty Deed is more limited compared to a General Warranty Deed. Within the category of Abilene Texas Special Warranty Deed from an Individual to a Trust, there may be several subtypes based on specific circumstances or variations in the language used. Some commonly encountered variations include: 1. Temporary Special Warranty Deed: This type of deed may be utilized when the transfer of ownership to the trust is for a specific period or purpose. It provides the trust with a limited warranty during the agreed-upon duration. 2. Conditional Special Warranty Deed: In specific situations, a granter may choose to impose certain conditions on the warranty provided by the deed. These conditions could relate to the property's use, maintenance, or other factors deemed important by the granter. 3. Single Asset Special Warranty Deed: In case the trust owns multiple properties, a granter may choose to use a Single Asset Special Warranty Deed to transfer ownership of a particular property to the trust. This type of deed focuses solely on a specific asset, rather than encompassing all the properties held by the trust. Overall, a Special Warranty Deed from an Individual to a Trust in Abilene, Texas serves as a legal instrument to transfer property ownership while offering a limited warranty of title. It ensures that the granter has not encumbered the property during their ownership period but does not extend the warranty to include potential title issues from prior owners.