This form is a Special Warranty Deed where the Grantor is an individual and the Grantee is a limited liability company. 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 Grantor, but not otherwise. This deed complies with all state statutory laws.
Abilene Texas Special Warranty Deed — Individual to LLC is a legal document used to transfer real property ownership from an individual to a limited liability company (LLC) located in Abilene, Texas. This specific type of deed offers a limited warranty against any defects in title caused by the granter or the granter's actions. In Abilene, Texas, there are two main types of Special Warranty Deeds commonly used for the transfer of real estate ownership from an individual to an LLC: 1. Abilene Texas Special Warranty Deed — Individual to LLC for Residential Property: This type of deed is used when an individual wants to transfer ownership of their residential property to an LLC. It affirms that the granter, the individual, has the legal authority to transfer ownership and only warrants against defects that may occur during their ownership period. 2. Abilene Texas Special Warranty Deed — Individual to LLC for Commercial Property: This deed is utilized when an individual wishes to transfer ownership of their commercial property to an LLC. It states that the granter has the legal authority to convey the property and warrants against defects arising solely from their ownership tenure. The Abilene Texas Special Warranty Deed — Individual to LLC provides certain key benefits. Firstly, it limits the warranty to defects that occurred during the granter's ownership period, protecting the grantee (LLC) from potential claims arising from previous owners. Secondly, it grants the grantee the same legal protection over the property as the granter had during their ownership. Drafting a correct and precise Special Warranty Deed is of utmost importance in order to ensure a smooth transfer of ownership. It is strongly advised to consult a qualified real estate attorney or a professional specializing in deeds to guarantee accurate preparation. When transferring a property from an individual to an LLC, the parties involved must pay careful attention to the deed details, the property's legal description, and any additional provisions necessary to protect the interests of both the granter and the grantee. In conclusion, the Abilene Texas Special Warranty Deed — Individual to LLC is a legally binding instrument utilized to transfer ownership of real estate from an individual to an LLC in Abilene, Texas. It is crucial to draft this deed meticulously to protect the rights and interests of both parties involved in the property transfer process.Abilene Texas Special Warranty Deed — Individual to LLC is a legal document used to transfer real property ownership from an individual to a limited liability company (LLC) located in Abilene, Texas. This specific type of deed offers a limited warranty against any defects in title caused by the granter or the granter's actions. In Abilene, Texas, there are two main types of Special Warranty Deeds commonly used for the transfer of real estate ownership from an individual to an LLC: 1. Abilene Texas Special Warranty Deed — Individual to LLC for Residential Property: This type of deed is used when an individual wants to transfer ownership of their residential property to an LLC. It affirms that the granter, the individual, has the legal authority to transfer ownership and only warrants against defects that may occur during their ownership period. 2. Abilene Texas Special Warranty Deed — Individual to LLC for Commercial Property: This deed is utilized when an individual wishes to transfer ownership of their commercial property to an LLC. It states that the granter has the legal authority to convey the property and warrants against defects arising solely from their ownership tenure. The Abilene Texas Special Warranty Deed — Individual to LLC provides certain key benefits. Firstly, it limits the warranty to defects that occurred during the granter's ownership period, protecting the grantee (LLC) from potential claims arising from previous owners. Secondly, it grants the grantee the same legal protection over the property as the granter had during their ownership. Drafting a correct and precise Special Warranty Deed is of utmost importance in order to ensure a smooth transfer of ownership. It is strongly advised to consult a qualified real estate attorney or a professional specializing in deeds to guarantee accurate preparation. When transferring a property from an individual to an LLC, the parties involved must pay careful attention to the deed details, the property's legal description, and any additional provisions necessary to protect the interests of both the granter and the grantee. In conclusion, the Abilene Texas Special Warranty Deed — Individual to LLC is a legally binding instrument utilized to transfer ownership of real estate from an individual to an LLC in Abilene, Texas. It is crucial to draft this deed meticulously to protect the rights and interests of both parties involved in the property transfer process.
