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 Pasadena Texas Special Warranty Deed from Two Individuals to Three Individuals is a legal document used to transfer ownership of a property from two individuals, referred to as granters, to three individuals, known as grantees. This type of deed provides limited protection to the grantees against any defects in the title that might have arisen during the granters' ownership. In the context of Pasadena, Texas, there are a few different variations of the Special Warranty Deed from Two Individuals to Three Individuals that one might encounter: 1. Pasadena Texas Special Warranty Deed with Joint Tenancy: This deed establishes that the three grantees will hold the property as joint tenants. Joint tenancy offers the right of survivorship, meaning that if one grantee passes away, their ownership interest automatically transfers to the remaining grantees. 2. Pasadena Texas Special Warranty Deed as Tenants in Common: With this variation, the three grantees will hold the property as tenants in common. Unlike joint tenancy, tenants in common do not have the right of survivorship, and each co-owner's share can be inherited or sold independently. 3. Pasadena Texas Special Warranty Deed with Equal Shares: This particular deed specifies that the three grantees will each have an equal share of ownership in the property. This ensures that all grantees have an identical portion of rights and responsibilities regarding the property. While executing a Pasadena Texas Special Warranty Deed from Two Individuals to Three Individuals, it is essential to include relevant keywords that accurately describe the process, such as "property transfer," "ownership transfer," "limited protection," "title defects," "joint tenancy," "tenants in common," "right of survivorship," and "equal shares." These keywords help to enhance the document's searchability and provide a comprehensive understanding for those seeking information or involved in a similar transaction.A Pasadena Texas Special Warranty Deed from Two Individuals to Three Individuals is a legal document used to transfer ownership of a property from two individuals, referred to as granters, to three individuals, known as grantees. This type of deed provides limited protection to the grantees against any defects in the title that might have arisen during the granters' ownership. In the context of Pasadena, Texas, there are a few different variations of the Special Warranty Deed from Two Individuals to Three Individuals that one might encounter: 1. Pasadena Texas Special Warranty Deed with Joint Tenancy: This deed establishes that the three grantees will hold the property as joint tenants. Joint tenancy offers the right of survivorship, meaning that if one grantee passes away, their ownership interest automatically transfers to the remaining grantees. 2. Pasadena Texas Special Warranty Deed as Tenants in Common: With this variation, the three grantees will hold the property as tenants in common. Unlike joint tenancy, tenants in common do not have the right of survivorship, and each co-owner's share can be inherited or sold independently. 3. Pasadena Texas Special Warranty Deed with Equal Shares: This particular deed specifies that the three grantees will each have an equal share of ownership in the property. This ensures that all grantees have an identical portion of rights and responsibilities regarding the property. While executing a Pasadena Texas Special Warranty Deed from Two Individuals to Three Individuals, it is essential to include relevant keywords that accurately describe the process, such as "property transfer," "ownership transfer," "limited protection," "title defects," "joint tenancy," "tenants in common," "right of survivorship," and "equal shares." These keywords help to enhance the document's searchability and provide a comprehensive understanding for those seeking information or involved in a similar transaction.