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 Odessa, Texas, a Special Warranty Deed from an Individual to a Trust is a legal document that facilitates the transfer of property ownership from an individual (granter) to a trust (grantee). This type of deed provides certain warranties and protections to the grantee, ensuring the property is free from any encumbrances or defects during the granter's ownership period. The Special Warranty Deed is one of the common types of deeds used for property transfers in Odessa, Texas. It differs from a General Warranty Deed, which provides broader warranties and protections, including the granter's guarantee of clear title and defense against any claims arising from previous ownership. The Special Warranty Deed, on the other hand, limits the granter's warranties to the specific time period during which the granter owned the property. The content of an Odessa Texas Special Warranty Deed from an Individual to a Trust typically includes the following key elements: 1. Granter and Grantee Details: The deed should clearly state the full legal names and addresses of the granter (individual transferring the property) and the grantee (the trust entity). 2. Property Description: A precise and accurate description of the property being transferred is essential. This includes the property's legal description, such as its lot number, block number, and subdivision name, as well as its physical address. 3. Consideration: The consideration section outlines the value exchanged for the transfer of the property. This can include monetary compensation, but in the case of a transfer to a trust, it is often a nominal amount or the mention of "love and affection." 4. Special Warranty Covenants: The granter provides specific warranties limited to their ownership period. These warranties guarantee that the granter has not encumbered the property, except as explicitly mentioned in the deed, and that no undisclosed defects or claims exist during their ownership. This section may also include any exceptions, limitations, or reservations related to the property. 5. Execution and Notarization: The deed must be signed by the granter in the presence of a notary public. Notarization validates the authenticity of the granter's signature and may require additional parties to witness the deed's execution. By utilizing a Special Warranty Deed, the granter ensures that they are conveying a property with limited warranty protections to the trust. This type of deed provides some assurances to the grantee, but not as extensive as the protections offered by a General Warranty Deed. Overall, an Odessa Texas Special Warranty Deed from an Individual to a Trust is a legal instrument that allows seamless property transfer, providing certain warranties and protections while accounting for any potential limitations or exceptions during the granter's ownership.In Odessa, Texas, a Special Warranty Deed from an Individual to a Trust is a legal document that facilitates the transfer of property ownership from an individual (granter) to a trust (grantee). This type of deed provides certain warranties and protections to the grantee, ensuring the property is free from any encumbrances or defects during the granter's ownership period. The Special Warranty Deed is one of the common types of deeds used for property transfers in Odessa, Texas. It differs from a General Warranty Deed, which provides broader warranties and protections, including the granter's guarantee of clear title and defense against any claims arising from previous ownership. The Special Warranty Deed, on the other hand, limits the granter's warranties to the specific time period during which the granter owned the property. The content of an Odessa Texas Special Warranty Deed from an Individual to a Trust typically includes the following key elements: 1. Granter and Grantee Details: The deed should clearly state the full legal names and addresses of the granter (individual transferring the property) and the grantee (the trust entity). 2. Property Description: A precise and accurate description of the property being transferred is essential. This includes the property's legal description, such as its lot number, block number, and subdivision name, as well as its physical address. 3. Consideration: The consideration section outlines the value exchanged for the transfer of the property. This can include monetary compensation, but in the case of a transfer to a trust, it is often a nominal amount or the mention of "love and affection." 4. Special Warranty Covenants: The granter provides specific warranties limited to their ownership period. These warranties guarantee that the granter has not encumbered the property, except as explicitly mentioned in the deed, and that no undisclosed defects or claims exist during their ownership. This section may also include any exceptions, limitations, or reservations related to the property. 5. Execution and Notarization: The deed must be signed by the granter in the presence of a notary public. Notarization validates the authenticity of the granter's signature and may require additional parties to witness the deed's execution. By utilizing a Special Warranty Deed, the granter ensures that they are conveying a property with limited warranty protections to the trust. This type of deed provides some assurances to the grantee, but not as extensive as the protections offered by a General Warranty Deed. Overall, an Odessa Texas Special Warranty Deed from an Individual to a Trust is a legal instrument that allows seamless property transfer, providing certain warranties and protections while accounting for any potential limitations or exceptions during the granter's ownership.
