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.
Killeen Texas Special Warranty Deed from Two Individuals to Three Individuals is a legally binding document that facilitates the transfer of property ownership rights between two parties to three parties in Killeen, Texas. This special warranty deed specifically ensures that the granters (two individuals) have the legal authority and rights to transfer the property to the grantees (three individuals) without encumbrances or claims against the property. There are different variations of Killeen Texas Special Warranty Deed from Two Individuals to Three Individuals, including: 1. Joint Tenancy Special Warranty Deed: This type of special warranty deed allows the grantees to own the property in a joint tenancy arrangement. Each grantee has an undivided interest in the property with equal rights of possession and the right of survivorship. In case one of the grantees passes away, their interest in the property automatically transfers to the remaining grantees. 2. Tenancy in Common Special Warranty Deed: With this special warranty deed, the grantees have separate and distinct shares in the property, and each grantee can pass on their share through inheritance or sale. Unlike joint tenancy, there is no right of survivorship, so if one grantee passes away, their share does not automatically transfer to the remaining grantees. 3. Community Property Special Warranty Deed: This special warranty deed is applicable when the property being transferred is community property. In Texas, community property is any property acquired by married individuals during the course of their marriage. If the grantees are married, this deed recognizes their shared ownership rights and responsibilities in the property. The Killeen Texas Special Warranty Deed from Two Individuals to Three Individuals includes essential information such as the legal description of the property, the names and addresses of the granters and grantees, the consideration or value exchanged for the property, and any specific conditions or restrictions of the transfer. It is crucial to consult with a qualified real estate attorney or title company to ensure the proper preparation and execution of the Killeen Texas Special Warranty Deed from Two Individuals to Three Individuals. This legal document protects the rights of both the granters and grantees and provides a clear record of ownership transfer in Killeen, Texas.Killeen Texas Special Warranty Deed from Two Individuals to Three Individuals is a legally binding document that facilitates the transfer of property ownership rights between two parties to three parties in Killeen, Texas. This special warranty deed specifically ensures that the granters (two individuals) have the legal authority and rights to transfer the property to the grantees (three individuals) without encumbrances or claims against the property. There are different variations of Killeen Texas Special Warranty Deed from Two Individuals to Three Individuals, including: 1. Joint Tenancy Special Warranty Deed: This type of special warranty deed allows the grantees to own the property in a joint tenancy arrangement. Each grantee has an undivided interest in the property with equal rights of possession and the right of survivorship. In case one of the grantees passes away, their interest in the property automatically transfers to the remaining grantees. 2. Tenancy in Common Special Warranty Deed: With this special warranty deed, the grantees have separate and distinct shares in the property, and each grantee can pass on their share through inheritance or sale. Unlike joint tenancy, there is no right of survivorship, so if one grantee passes away, their share does not automatically transfer to the remaining grantees. 3. Community Property Special Warranty Deed: This special warranty deed is applicable when the property being transferred is community property. In Texas, community property is any property acquired by married individuals during the course of their marriage. If the grantees are married, this deed recognizes their shared ownership rights and responsibilities in the property. The Killeen Texas Special Warranty Deed from Two Individuals to Three Individuals includes essential information such as the legal description of the property, the names and addresses of the granters and grantees, the consideration or value exchanged for the property, and any specific conditions or restrictions of the transfer. It is crucial to consult with a qualified real estate attorney or title company to ensure the proper preparation and execution of the Killeen Texas Special Warranty Deed from Two Individuals to Three Individuals. This legal document protects the rights of both the granters and grantees and provides a clear record of ownership transfer in Killeen, Texas.
