This form is a Special Warranty Deed where the Grantor is an individual and the Grantees are two trusts. Grantor conveys and specially warrants the described property to the Grantees. 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.
The Pearland Texas Special Warranty Deed — Individual to Two Trusts is a legal document that allows an individual to transfer ownership of a property located in Pearland, Texas, to two separate trusts. This type of deed provides a limited warranty, which means that the granter (the individual transferring the property) is guaranteeing that they have not done anything to diminish the title to the property during their ownership, but they do not guarantee against any previous defects or claims. There are different variations of the Pearland Texas Special Warranty Deed — Individual to Two Trusts, including: 1. Limited Special Warranty Deed: This type of deed assures the grantee (the trusts) that the granter has taken care of the property during their ownership, but it does not protect against any defects or claims that may have existed before their ownership. 2. Joint Tenancy Special Warranty Deed: This variation specifies that the property will be owned jointly by the two trusts in a joint tenancy arrangement. In this type of ownership, if one trust passes away, their share automatically transfers to the surviving trust. 3. Tenants in Common Special Warranty Deed: This type of deed outlines that the property will be held by the two trusts as tenants in common. Each trust will have a distinct share of the property, and if one trust passes away, their share will be passed on according to their will or trust agreement. 4. Life Estate Special Warranty Deed: This variation states that the granter retains the right to use and enjoy the property for the duration of their lifetime, and upon their death, ownership will pass to the two trusts. Overall, the Pearland Texas Special Warranty Deed — Individual to Two Trusts is a legal instrument that facilitates the transfer of property ownership from an individual to two trusts. It provides a limited warranty, protecting against any actions taken by the granter that may have diminished the title, while not guaranteeing against any previous defects or claims.The Pearland Texas Special Warranty Deed — Individual to Two Trusts is a legal document that allows an individual to transfer ownership of a property located in Pearland, Texas, to two separate trusts. This type of deed provides a limited warranty, which means that the granter (the individual transferring the property) is guaranteeing that they have not done anything to diminish the title to the property during their ownership, but they do not guarantee against any previous defects or claims. There are different variations of the Pearland Texas Special Warranty Deed — Individual to Two Trusts, including: 1. Limited Special Warranty Deed: This type of deed assures the grantee (the trusts) that the granter has taken care of the property during their ownership, but it does not protect against any defects or claims that may have existed before their ownership. 2. Joint Tenancy Special Warranty Deed: This variation specifies that the property will be owned jointly by the two trusts in a joint tenancy arrangement. In this type of ownership, if one trust passes away, their share automatically transfers to the surviving trust. 3. Tenants in Common Special Warranty Deed: This type of deed outlines that the property will be held by the two trusts as tenants in common. Each trust will have a distinct share of the property, and if one trust passes away, their share will be passed on according to their will or trust agreement. 4. Life Estate Special Warranty Deed: This variation states that the granter retains the right to use and enjoy the property for the duration of their lifetime, and upon their death, ownership will pass to the two trusts. Overall, the Pearland Texas Special Warranty Deed — Individual to Two Trusts is a legal instrument that facilitates the transfer of property ownership from an individual to two trusts. It provides a limited warranty, protecting against any actions taken by the granter that may have diminished the title, while not guaranteeing against any previous defects or claims.
