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.
League City Texas Special Warranty Deed — Individual to LLC A League City Texas Special Warranty Deed — Individual to LLC is a legal document used to transfer property ownership from an individual to a limited liability company (LLC) in League City, Texas. This deed offers a specific warranty guaranteeing that the individual granter has not caused any encumbrances on the property during their ownership, except those disclosed in the deed. An Individual to LLC Special Warranty Deed in League City, Texas serves as a vital tool when individuals decide to transfer their property to an LLC. This type of deed ensures protection for the grantee, the LLC, against any undisclosed or hidden defects or claims that may affect the property's title. By using a Special Warranty Deed, the granter is confirming that they are transferring the property without any liabilities arising during their ownership. Different types of League City Texas Special Warranty Deeds — Individual to LLC can be classified based on specific scenarios, such as: 1. Residential Property Special Warranty Deed — Individual to LLC: This type of deed is used when an individual wants to transfer ownership of a residential property, such as a single-family house or condominium, to an LLC. It ensures that the property is being transferred with a limited warranty, protecting the LLC from any claims arising due to the granter's actions during their ownership. 2. Commercial Property Special Warranty Deed — Individual to LLC: This form of Special Warranty Deed is employed when an individual desires to transfer ownership of a commercial property, such as office buildings, retail spaces, or industrial properties, to an LLC. It safeguards the LLC against any undisclosed defects or claims, providing limited warranty protection during the transfer. 3. Vacant Land Special Warranty Deed — Individual to LLC: When transferring ownership of undeveloped land or vacant lots to an LLC, this type of Special Warranty Deed is used. It ensures that the LLC receives the property with a limited warranty, limiting the granter's liability for any issues that may arise from their actions or omissions during their ownership. It is crucial to consult with legal professionals or real estate attorneys specializing in League City, Texas, to understand the specific requirements and process for executing a Special Warranty Deed — Individual to LLC. These professionals can guide individuals throughout the transfer, ensuring compliance with local laws and providing protection for both parties involved.League City Texas Special Warranty Deed — Individual to LLC A League City Texas Special Warranty Deed — Individual to LLC is a legal document used to transfer property ownership from an individual to a limited liability company (LLC) in League City, Texas. This deed offers a specific warranty guaranteeing that the individual granter has not caused any encumbrances on the property during their ownership, except those disclosed in the deed. An Individual to LLC Special Warranty Deed in League City, Texas serves as a vital tool when individuals decide to transfer their property to an LLC. This type of deed ensures protection for the grantee, the LLC, against any undisclosed or hidden defects or claims that may affect the property's title. By using a Special Warranty Deed, the granter is confirming that they are transferring the property without any liabilities arising during their ownership. Different types of League City Texas Special Warranty Deeds — Individual to LLC can be classified based on specific scenarios, such as: 1. Residential Property Special Warranty Deed — Individual to LLC: This type of deed is used when an individual wants to transfer ownership of a residential property, such as a single-family house or condominium, to an LLC. It ensures that the property is being transferred with a limited warranty, protecting the LLC from any claims arising due to the granter's actions during their ownership. 2. Commercial Property Special Warranty Deed — Individual to LLC: This form of Special Warranty Deed is employed when an individual desires to transfer ownership of a commercial property, such as office buildings, retail spaces, or industrial properties, to an LLC. It safeguards the LLC against any undisclosed defects or claims, providing limited warranty protection during the transfer. 3. Vacant Land Special Warranty Deed — Individual to LLC: When transferring ownership of undeveloped land or vacant lots to an LLC, this type of Special Warranty Deed is used. It ensures that the LLC receives the property with a limited warranty, limiting the granter's liability for any issues that may arise from their actions or omissions during their ownership. It is crucial to consult with legal professionals or real estate attorneys specializing in League City, Texas, to understand the specific requirements and process for executing a Special Warranty Deed — Individual to LLC. These professionals can guide individuals throughout the transfer, ensuring compliance with local laws and providing protection for both parties involved.