This Warranty Deed from Husband and Wife to LLC form is a Warranty Deed where the grantors are husband and wife and the grantee is a limited liability company. Grantors convey and warrant the described property to grantee less oil, gas and minerals to which grantors reserve the right.
A Collin Texas Warranty Deed from Husband and Wife to LLC is a legal document used to transfer real estate ownership rights from a married couple to a Limited Liability Company (LLC) in Collin County, Texas. This deed provides a guarantee that the transfer is lawful and that the property is free from any undisclosed liens or encumbrances. Here are some relevant keywords and additional information about different types of Collin Texas Warranty Deeds: 1. General Warranty Deed: A general warranty deed is the most commonly used type of Collin Texas Warranty Deed from Husband and Wife to LLC. It guarantees the highest level of protection to the LLC as it includes several specific promises from the husband and wife sellers, such as the right to sell the property, the absence of undisclosed defects, and the guarantee to defend the title against any future claims. 2. Special Warranty Deed: In some cases, a husband and wife may choose to transfer real estate ownership to the LLC using a special warranty deed. This type of deed offers a more limited warranty compared to a general warranty deed. It guarantees that the husband and wife sellers have not caused any defects in the title during their ownership, but it does not cover any defects that may have existed prior to their ownership. 3. Quitclaim Deed: Although less commonly used, a Collin Texas Warranty Deed from Husband and Wife to LLC can also be a quitclaim deed. This type of deed transfers the interest or claim the husband and wife have in the property to the LLC, without making any warranties or guarantees. It provides the lowest level of protection to the LLC, as it only transfers the interest the married couple currently holds, without guaranteeing the status or condition of the title. 4. Consideration: It is important to include the relevant consideration or payment details in the Collin Texas Warranty Deed from Husband and Wife to LLC. This may include the purchase price, monetary compensation, or any other agreed-upon form of consideration given by the LLC to the husband and wife sellers in exchange for the property. 5. Legal Description: The Collin Texas Warranty Deed from Husband and Wife to LLC should include a detailed legal description of the property being transferred. This is typically achieved by referencing the property's official recorded description, including surveys, metes and bounds, and subdivision information. This ensures accuracy and clarity in identifying the specific property being transferred. 6. Execution and Notarization: For the Collin Texas Warranty Deed from Husband and Wife to LLC to be legally valid, it must be properly executed and notarized. Both the husband and wife sellers will need to sign the deed in the presence of a notary public, who will then notarize the signatures to verify their authenticity. It is important to consult with a qualified attorney or legal professional when creating and executing a Collin Texas Warranty Deed from Husband and Wife to LLC, as the specific requirements and procedures may vary depending on the exact circumstances and any unique considerations involved.
