This form is a Special Warranty Deed where the Grantors are two individuals and the Grantees are three individuals. Grantors convey and specially warrant the described property to the Grantees. The Grantors only warrant and will defend the property only as to claims of persons claiming by, through or under Grantors, but not otherwise. This deed complies with all state statutory laws.
Description: College Station Texas Special Warranty Deed from Two Individuals to Three Individuals A College Station Texas Special Warranty Deed from Two Individuals to Three Individuals is a legally binding document that facilitates the transfer of real property rights from two individuals to three individuals within the boundaries of College Station, Texas. This type of deed provides the grantee(s) with limited guarantees specifically related to the time during which the granter(s) held ownership of the property. In College Station, Texas, there are two distinct types of Special Warranty Deeds that involve the transfer of property rights from two individuals to three individuals: 1. College Station Texas Special Warranty Deed from Two Individuals to Three Individuals — Joint Ownership: This type of special warranty deed is utilized when two individuals collectively sell their property to three individuals, who will henceforth hold joint ownership of the property. This may occur in situations such as families merging their properties, business partners investing in real estate together, or simply when two individuals decide to transfer their asset to a group of three individuals in a joint ownership arrangement. 2. College Station Texas Special Warranty Deed from Two Individuals to Three Individuals — Tenancy in Common: This variant of the special warranty deed is employed when two individuals transfer their property to three individuals in a tenancy in common arrangement. Tenancy in common grants each owner undivided ownership rights to the property, with no specified percentage of ownership. Each tenant has the freedom to sell or pass on their ownership interest independently. This type of deed is often used when multiple individuals wish to invest in a property together while maintaining separate ownership shares. The College Stations Texas Special Warranty Deed from Two Individuals to Three Individuals ensures that the granter(s) affirm they have legal title to the property being transferred and that they will defend against any claims that may arise during their period of ownership. However, the special warranty deed only provides protection against title issues that occurred during the tenure of the granter(s), not against any previous defects that may have existed. This deed typically includes essential information such as the names of all parties involved, the legal description of the property, the purchase price (if applicable), and any specific terms or conditions agreed upon by the granter(s) and grantee(s). It is advisable to consult with a qualified attorney or real estate professional to ensure the proper preparation and execution of this legal document. In conclusion, the College Station Texas Special Warranty Deed from Two Individuals to Three Individuals serves as a legal instrument facilitating the transfer of property rights from two individuals to three individuals within the College Station, Texas area. This deed provides limited assurances to the grantee(s) regarding title issues arising only during the granter(s)' period of ownership.Description: College Station Texas Special Warranty Deed from Two Individuals to Three Individuals A College Station Texas Special Warranty Deed from Two Individuals to Three Individuals is a legally binding document that facilitates the transfer of real property rights from two individuals to three individuals within the boundaries of College Station, Texas. This type of deed provides the grantee(s) with limited guarantees specifically related to the time during which the granter(s) held ownership of the property. In College Station, Texas, there are two distinct types of Special Warranty Deeds that involve the transfer of property rights from two individuals to three individuals: 1. College Station Texas Special Warranty Deed from Two Individuals to Three Individuals — Joint Ownership: This type of special warranty deed is utilized when two individuals collectively sell their property to three individuals, who will henceforth hold joint ownership of the property. This may occur in situations such as families merging their properties, business partners investing in real estate together, or simply when two individuals decide to transfer their asset to a group of three individuals in a joint ownership arrangement. 2. College Station Texas Special Warranty Deed from Two Individuals to Three Individuals — Tenancy in Common: This variant of the special warranty deed is employed when two individuals transfer their property to three individuals in a tenancy in common arrangement. Tenancy in common grants each owner undivided ownership rights to the property, with no specified percentage of ownership. Each tenant has the freedom to sell or pass on their ownership interest independently. This type of deed is often used when multiple individuals wish to invest in a property together while maintaining separate ownership shares. The College Stations Texas Special Warranty Deed from Two Individuals to Three Individuals ensures that the granter(s) affirm they have legal title to the property being transferred and that they will defend against any claims that may arise during their period of ownership. However, the special warranty deed only provides protection against title issues that occurred during the tenure of the granter(s), not against any previous defects that may have existed. This deed typically includes essential information such as the names of all parties involved, the legal description of the property, the purchase price (if applicable), and any specific terms or conditions agreed upon by the granter(s) and grantee(s). It is advisable to consult with a qualified attorney or real estate professional to ensure the proper preparation and execution of this legal document. In conclusion, the College Station Texas Special Warranty Deed from Two Individuals to Three Individuals serves as a legal instrument facilitating the transfer of property rights from two individuals to three individuals within the College Station, Texas area. This deed provides limited assurances to the grantee(s) regarding title issues arising only during the granter(s)' period of ownership.
