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 used in real estate transactions to transfer ownership of property from an individual (the granter) to a trust (the grantee) in Pearland, Texas. This type of deed provides limited guarantees to the grantee, specifically relating to any defects or claims that may arise during the granter's ownership of the property. In Pearland, Texas, there are two main types of special warranty deeds that can be used to transfer property from an individual to a trust: 1. Pearland Texas Special Warranty Deed from an Individual to a Revocable Living Trust: This type of special warranty deed is commonly used when the granter wants to transfer property to a trust that they have control over during their lifetime. The revocable living trust allows the granter to maintain full ownership rights and control over the property, while also providing a mechanism for the transfer of ownership to designated beneficiaries upon the granter's death. 2. Pearland Texas Special Warranty Deed from an Individual to an Irrevocable Trust: In certain situations, the granter may choose to transfer property to an irrevocable trust, which cannot be altered or revoked without the consent of the beneficiaries. This type of special warranty deed is used when the granter wants to establish the trust as a separate entity, with its own set of rules and restrictions, ensuring the property is held for the benefit of the designated beneficiaries. The Pearland Texas Special Warranty Deed from an Individual to a Trust typically includes key elements such as: 1. Identification of the granter: The individual transferring the property to the trust is named, along with their current address. 2. Description of the property: The deed includes a detailed description of the property being transferred, including the legal description, address, and any relevant parcel or lot numbers. 3. Granting clause: This refers to the granter's intention to convey the property rights to the trust. 4. Special warranty: The deed includes language specifying that the granter warrants the title against any claims that arise during their period of ownership, but not against claims that arose before they acquired the property. 5. Trust details: The deed will specify the name and details of the trust that will be receiving the property, including the trustee's name and address. 6. Signatures and notarization: The deed is typically signed and notarized by both the granter and a notary public to ensure its validity. It is important for both the granter and the grantee to seek professional legal advice when dealing with a special warranty deed in Pearland, Texas, as it involves legal complexities and implications.A special warranty deed is a legal document used in real estate transactions to transfer ownership of property from an individual (the granter) to a trust (the grantee) in Pearland, Texas. This type of deed provides limited guarantees to the grantee, specifically relating to any defects or claims that may arise during the granter's ownership of the property. In Pearland, Texas, there are two main types of special warranty deeds that can be used to transfer property from an individual to a trust: 1. Pearland Texas Special Warranty Deed from an Individual to a Revocable Living Trust: This type of special warranty deed is commonly used when the granter wants to transfer property to a trust that they have control over during their lifetime. The revocable living trust allows the granter to maintain full ownership rights and control over the property, while also providing a mechanism for the transfer of ownership to designated beneficiaries upon the granter's death. 2. Pearland Texas Special Warranty Deed from an Individual to an Irrevocable Trust: In certain situations, the granter may choose to transfer property to an irrevocable trust, which cannot be altered or revoked without the consent of the beneficiaries. This type of special warranty deed is used when the granter wants to establish the trust as a separate entity, with its own set of rules and restrictions, ensuring the property is held for the benefit of the designated beneficiaries. The Pearland Texas Special Warranty Deed from an Individual to a Trust typically includes key elements such as: 1. Identification of the granter: The individual transferring the property to the trust is named, along with their current address. 2. Description of the property: The deed includes a detailed description of the property being transferred, including the legal description, address, and any relevant parcel or lot numbers. 3. Granting clause: This refers to the granter's intention to convey the property rights to the trust. 4. Special warranty: The deed includes language specifying that the granter warrants the title against any claims that arise during their period of ownership, but not against claims that arose before they acquired the property. 5. Trust details: The deed will specify the name and details of the trust that will be receiving the property, including the trustee's name and address. 6. Signatures and notarization: The deed is typically signed and notarized by both the granter and a notary public to ensure its validity. It is important for both the granter and the grantee to seek professional legal advice when dealing with a special warranty deed in Pearland, Texas, as it involves legal complexities and implications.