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.
A McKinney Texas Special Warranty Deed is a legal document used when two individuals (granters) are transferring ownership of a property to three individuals (grantees) with certain protections and warranties. This type of deed ensures that the granters have the legal authority to transfer the property and guarantees a limited warranty against any defects in the title that may have occurred during their ownership. The McKinney Texas Special Warranty Deed from Two Individuals to Three Individuals is commonly used in real estate transactions, signifying the transfer of property rights from the granters to the grantees. It guarantees that the granters will defend the title against any claims or encumbrances made during their ownership, but only for the time they held the property. There are various types of McKinney Texas Special Warranty Deeds from Two Individuals to Three Individuals, such as: 1. General Special Warranty Deed: This type of deed provides the grantees with protection against any defects in the title caused by the granters or their predecessors. It warranties the title only against claims arising during the granters' ownership. 2. Limited Special Warranty Deed: Unlike the general special warranty deed, this type of deed only warranties the title against defects caused by the granters themselves. It does not cover any defects that may have existed before the granters acquired the property. 3. Bargain and Sale Special Warranty Deed: This type of deed guarantees the granters' ownership and their right to convey the property to the grantees. It also warranties against any encumbrances or claims made by or through the granter but excludes warranties for any prior defects. When executing a McKinney Texas Special Warranty Deed from Two Individuals to Three Individuals, it is crucial to consult with a qualified real estate attorney or title professional to ensure the correct type of deed is used and all legal requirements are met. This document plays a vital role in property transfers, safeguarding the interests of both the granters and the grantees throughout the transaction process.A McKinney Texas Special Warranty Deed is a legal document used when two individuals (granters) are transferring ownership of a property to three individuals (grantees) with certain protections and warranties. This type of deed ensures that the granters have the legal authority to transfer the property and guarantees a limited warranty against any defects in the title that may have occurred during their ownership. The McKinney Texas Special Warranty Deed from Two Individuals to Three Individuals is commonly used in real estate transactions, signifying the transfer of property rights from the granters to the grantees. It guarantees that the granters will defend the title against any claims or encumbrances made during their ownership, but only for the time they held the property. There are various types of McKinney Texas Special Warranty Deeds from Two Individuals to Three Individuals, such as: 1. General Special Warranty Deed: This type of deed provides the grantees with protection against any defects in the title caused by the granters or their predecessors. It warranties the title only against claims arising during the granters' ownership. 2. Limited Special Warranty Deed: Unlike the general special warranty deed, this type of deed only warranties the title against defects caused by the granters themselves. It does not cover any defects that may have existed before the granters acquired the property. 3. Bargain and Sale Special Warranty Deed: This type of deed guarantees the granters' ownership and their right to convey the property to the grantees. It also warranties against any encumbrances or claims made by or through the granter but excludes warranties for any prior defects. When executing a McKinney Texas Special Warranty Deed from Two Individuals to Three Individuals, it is crucial to consult with a qualified real estate attorney or title professional to ensure the correct type of deed is used and all legal requirements are met. This document plays a vital role in property transfers, safeguarding the interests of both the granters and the grantees throughout the transaction process.
