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 A special warranty deed is a legal document commonly used in real estate transactions to transfer ownership of a property from an individual to a trust in Pasadena, Texas. This particular type of deed provides a limited warranty of title to the new owner(s), protecting them against any defects in title that may have occurred during the seller's ownership. It guarantees that the property has not been encumbered or affected by any undisclosed claims, liens, or other legal issues, except those specifically mentioned in the deed. There are several variations of the Pasadena Texas Special Warranty Deed from an Individual to a Trust, based on specific circumstances and requirements: 1. General Special Warranty Deed: This is the most commonly used form of special warranty deed. It conveys ownership from an individual to a trust, with the seller (granter) providing a warranty that no title defects occurred during their ownership, except for those mentioned in the deed. 2. Special Warranty Deed with Life Estate: In some cases, an individual may choose to transfer the ownership of a property to a trust while retaining a life estate. This means the individual maintains the right to possess and use the property until their death, after which ownership transfers to the trust. This deed ensures that the limited warranty of title applies during the individual's lifetime, protecting against any undisclosed claims arising during that period. 3. Special Warranty Deed with Trustee's Powers: This type of special warranty deed grants the trustee(s) of the trust certain specific powers, such as the ability to sell, lease, or mortgage the property. This deed serves to convey the ownership rights while empowering the trustee(s) to act on behalf of the trust when dealing with the property. 4. Special Warranty Deed with Restrictions: In certain situations, the individual selling the property to the trust may impose certain restrictions or conditions on its use. These restrictions could include limitations on building height, land use, architectural styles, or any other specifications desired by the seller. This type of special warranty deed ensures that the restrictions are legally binding and protects the trust from any undisclosed claims, other than those mentioned in the deed. 5. Special Warranty Deed with Additional Covenants: In some cases, the individual transferring ownership to the trust may include additional covenants or promises regarding the property. These covenants could be related to the property's condition, its permitted uses, or any other specific assurances desired by the seller. This special warranty deed guarantees the enforceability of these additional covenants and provides limited protection against any undisclosed claims related to them. In conclusion, the Pasadena Texas Special Warranty Deed from an Individual to a Trust serves as a legal tool to transfer property ownership while providing limited protection against undisclosed defects in title. Different variations of this deed exist to accommodate various circumstances, such as life estates, trustee's powers, property restrictions, or additional covenants desired by the seller.A special warranty deed is a legal document commonly used in real estate transactions to transfer ownership of a property from an individual to a trust in Pasadena, Texas. This particular type of deed provides a limited warranty of title to the new owner(s), protecting them against any defects in title that may have occurred during the seller's ownership. It guarantees that the property has not been encumbered or affected by any undisclosed claims, liens, or other legal issues, except those specifically mentioned in the deed. There are several variations of the Pasadena Texas Special Warranty Deed from an Individual to a Trust, based on specific circumstances and requirements: 1. General Special Warranty Deed: This is the most commonly used form of special warranty deed. It conveys ownership from an individual to a trust, with the seller (granter) providing a warranty that no title defects occurred during their ownership, except for those mentioned in the deed. 2. Special Warranty Deed with Life Estate: In some cases, an individual may choose to transfer the ownership of a property to a trust while retaining a life estate. This means the individual maintains the right to possess and use the property until their death, after which ownership transfers to the trust. This deed ensures that the limited warranty of title applies during the individual's lifetime, protecting against any undisclosed claims arising during that period. 3. Special Warranty Deed with Trustee's Powers: This type of special warranty deed grants the trustee(s) of the trust certain specific powers, such as the ability to sell, lease, or mortgage the property. This deed serves to convey the ownership rights while empowering the trustee(s) to act on behalf of the trust when dealing with the property. 4. Special Warranty Deed with Restrictions: In certain situations, the individual selling the property to the trust may impose certain restrictions or conditions on its use. These restrictions could include limitations on building height, land use, architectural styles, or any other specifications desired by the seller. This type of special warranty deed ensures that the restrictions are legally binding and protects the trust from any undisclosed claims, other than those mentioned in the deed. 5. Special Warranty Deed with Additional Covenants: In some cases, the individual transferring ownership to the trust may include additional covenants or promises regarding the property. These covenants could be related to the property's condition, its permitted uses, or any other specific assurances desired by the seller. This special warranty deed guarantees the enforceability of these additional covenants and provides limited protection against any undisclosed claims related to them. In conclusion, the Pasadena Texas Special Warranty Deed from an Individual to a Trust serves as a legal tool to transfer property ownership while providing limited protection against undisclosed defects in title. Different variations of this deed exist to accommodate various circumstances, such as life estates, trustee's powers, property restrictions, or additional covenants desired by the seller.
