This form is a General Warranty Deed where the Grantor is a corporation and the Grantees are two (2) corporations. Grantor conveys and generally warrants the described property to the Grantees. This deed complies with all state statutory laws.
A San Antonio Texas General Warranty Deed from a Corporation to Two (2) Corporations is a legal document that transfers ownership of real estate property from one corporation to two other corporations in the city of San Antonio, Texas. This type of deed provides a warranty or guarantee to the new owners that the transferring corporation has clear and marketable title to the property and that there are no undisclosed liens, encumbrances, or claims on it. In San Antonio, there may be different variations of the General Warranty Deed from a Corporation to two corporations, depending on specific requirements or circumstances. Some potential types of such deeds can include: 1. Traditional General Warranty Deed: This is the most common type of deed used to transfer property ownership, ensuring that the transferring corporation legally warrants and defends the title against any claims. It assures the two receiving corporations that they are receiving a property with a clean title. 2. Statutory General Warranty Deed: This type of deed includes certain legal language and clauses as prescribed by Texas state statutes. It offers the same warranty as a traditional General Warranty Deed but contains specific language mandated by state law. 3. Special Warranty Deed: In this variation, the transferring corporation warrants that it has not created any undisclosed encumbrances or claims on the property during its ownership. It protects the receiving corporations from any issues arising from actions or claims made by the transferring corporation, but does not cover any potential prior claims. 4. Limited Warranty Deed: This type of deed warrants that the transferring corporation has not created any undisclosed encumbrances or claims on the property during its ownership, but only covers claims arising during the transferring corporation's ownership. It does not provide protection against any potential claims arising prior to the transferring corporation's ownership. In all these variations, the General Warranty Deed from a Corporation to Two (2) Corporations in San Antonio serves as a legally binding document that facilitates the transfer of property ownership. It ensures that the receiving corporations are protected and assures them that the transferring corporation has full ownership rights and clear title to the property.A San Antonio Texas General Warranty Deed from a Corporation to Two (2) Corporations is a legal document that transfers ownership of real estate property from one corporation to two other corporations in the city of San Antonio, Texas. This type of deed provides a warranty or guarantee to the new owners that the transferring corporation has clear and marketable title to the property and that there are no undisclosed liens, encumbrances, or claims on it. In San Antonio, there may be different variations of the General Warranty Deed from a Corporation to two corporations, depending on specific requirements or circumstances. Some potential types of such deeds can include: 1. Traditional General Warranty Deed: This is the most common type of deed used to transfer property ownership, ensuring that the transferring corporation legally warrants and defends the title against any claims. It assures the two receiving corporations that they are receiving a property with a clean title. 2. Statutory General Warranty Deed: This type of deed includes certain legal language and clauses as prescribed by Texas state statutes. It offers the same warranty as a traditional General Warranty Deed but contains specific language mandated by state law. 3. Special Warranty Deed: In this variation, the transferring corporation warrants that it has not created any undisclosed encumbrances or claims on the property during its ownership. It protects the receiving corporations from any issues arising from actions or claims made by the transferring corporation, but does not cover any potential prior claims. 4. Limited Warranty Deed: This type of deed warrants that the transferring corporation has not created any undisclosed encumbrances or claims on the property during its ownership, but only covers claims arising during the transferring corporation's ownership. It does not provide protection against any potential claims arising prior to the transferring corporation's ownership. In all these variations, the General Warranty Deed from a Corporation to Two (2) Corporations in San Antonio serves as a legally binding document that facilitates the transfer of property ownership. It ensures that the receiving corporations are protected and assures them that the transferring corporation has full ownership rights and clear title to the property.
