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.
Dallas Texas Special Warranty Deed — Individual to LLC is a legal document that transfers ownership of real property from an individual to a limited liability company (LLC) within the state of Texas. This type of deed provides certain guarantees and limited warranties to the LLC, ensuring the granter's legal ownership of the property without any undisclosed encumbrances or claims. In Dallas, Texas, there are several variations of Special Warranty Deeds that pertain to transferring property from an individual to an LLC, including: 1. General Dallas Texas Special Warranty Deed — Individual to LLC: This type of deed involves the transfer of property ownership from an individual to an LLC, providing the grantee (LLC) with limited assurances that the granter has only incurred encumbrances or claims during their ownership. 2. Dallas Texas Special Warranty Deed in Lieu of Foreclosure — Individual to LLC: This deed is used when an individual transfers property ownership to an LLC to avoid foreclosure proceedings. It provides the LLC with limited warranty assurances, protecting against any undisclosed claims or encumbrances that may arise due to the granter's past actions. 3. Dallas Texas Special Warranty Deed — Individual to LLC with Reservations: This variation of the Special Warranty Deed allows the granter to retain certain rights or reservations on the property, such as easements or mineral rights, while transferring ownership to the LLC. The deed specifies the extent of reservations and the exact terms and conditions. Key elements of a Dallas Texas Special Warranty Deed — Individual to LLC include the names and addresses of the granter (individual) and the grantee (LLC), a clear legal description of the property being transferred, and a statement of consideration, which typically represents the monetary value associated with the transfer. Additionally, the deed must be signed and notarized by both parties involved. It's important to note that the wording and specific requirements for the Dallas Texas Special Warranty Deed may vary depending on the individual circumstances and legal advice sought. It is highly recommended consulting with a qualified real estate attorney or legal professional to ensure the deed meets all necessary legal requirements and protects the interests of both the granter and the grantee.Dallas Texas Special Warranty Deed — Individual to LLC is a legal document that transfers ownership of real property from an individual to a limited liability company (LLC) within the state of Texas. This type of deed provides certain guarantees and limited warranties to the LLC, ensuring the granter's legal ownership of the property without any undisclosed encumbrances or claims. In Dallas, Texas, there are several variations of Special Warranty Deeds that pertain to transferring property from an individual to an LLC, including: 1. General Dallas Texas Special Warranty Deed — Individual to LLC: This type of deed involves the transfer of property ownership from an individual to an LLC, providing the grantee (LLC) with limited assurances that the granter has only incurred encumbrances or claims during their ownership. 2. Dallas Texas Special Warranty Deed in Lieu of Foreclosure — Individual to LLC: This deed is used when an individual transfers property ownership to an LLC to avoid foreclosure proceedings. It provides the LLC with limited warranty assurances, protecting against any undisclosed claims or encumbrances that may arise due to the granter's past actions. 3. Dallas Texas Special Warranty Deed — Individual to LLC with Reservations: This variation of the Special Warranty Deed allows the granter to retain certain rights or reservations on the property, such as easements or mineral rights, while transferring ownership to the LLC. The deed specifies the extent of reservations and the exact terms and conditions. Key elements of a Dallas Texas Special Warranty Deed — Individual to LLC include the names and addresses of the granter (individual) and the grantee (LLC), a clear legal description of the property being transferred, and a statement of consideration, which typically represents the monetary value associated with the transfer. Additionally, the deed must be signed and notarized by both parties involved. It's important to note that the wording and specific requirements for the Dallas Texas Special Warranty Deed may vary depending on the individual circumstances and legal advice sought. It is highly recommended consulting with a qualified real estate attorney or legal professional to ensure the deed meets all necessary legal requirements and protects the interests of both the granter and the grantee.