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 Special Warranty Deed is a legal document that transfers ownership of real property from two individuals to three individuals in Round Rock, Texas. This type of deed guarantees that the seller will defend the title against any claims or defects that arose during their ownership, but not against any previous claims or defects. In Round Rock, Texas, there are different types of Special Warranty Deeds from Two Individuals to Three Individuals, including: 1. Round Rock Texas Special Warranty Deed with Cash Consideration: This type of deed is used when there is a monetary exchange involved in the property transfer. It details the amount of cash consideration paid by the three individuals to the two individuals for the property. This ensures clarity and transparency in the transaction. 2. Round Rock Texas Special Warranty Deed with Gift Consideration: In cases where the transfer of property is a gift, this type of deed is used. It outlines that the two individuals are voluntarily transferring the property to the three individuals without any monetary exchange. This deed is essential for legal purposes in documenting the nature of the property transfer. 3. Round Rock Texas Special Warranty Deed with Mutual Agreement: When the transfer of property from two individuals to three individuals is the result of a mutual agreement, this type of deed is employed. It specifies that the transfer is a result of an agreement reached between all parties involved, ensuring clarity and legal validity in the transaction. 4. Round Rock Texas Special Warranty Deed with Survivorship Rights: This type of deed is used when the intention is to establish survivorship rights among the three individuals upon the death of one or both of the original two individuals. It ensures that the remaining individuals retain ownership of the property without going through probate upon the death of the original owners. These various types of Round Rock Texas Special Warranty Deeds from Two Individuals to Three Individuals provide specific details of the property transfer, whether it involves cash consideration, gift consideration, mutual agreement, or survivorship rights. It is essential to consult with a legal professional to determine the appropriate type of deed and ensure a legally binding transfer of ownership.A Special Warranty Deed is a legal document that transfers ownership of real property from two individuals to three individuals in Round Rock, Texas. This type of deed guarantees that the seller will defend the title against any claims or defects that arose during their ownership, but not against any previous claims or defects. In Round Rock, Texas, there are different types of Special Warranty Deeds from Two Individuals to Three Individuals, including: 1. Round Rock Texas Special Warranty Deed with Cash Consideration: This type of deed is used when there is a monetary exchange involved in the property transfer. It details the amount of cash consideration paid by the three individuals to the two individuals for the property. This ensures clarity and transparency in the transaction. 2. Round Rock Texas Special Warranty Deed with Gift Consideration: In cases where the transfer of property is a gift, this type of deed is used. It outlines that the two individuals are voluntarily transferring the property to the three individuals without any monetary exchange. This deed is essential for legal purposes in documenting the nature of the property transfer. 3. Round Rock Texas Special Warranty Deed with Mutual Agreement: When the transfer of property from two individuals to three individuals is the result of a mutual agreement, this type of deed is employed. It specifies that the transfer is a result of an agreement reached between all parties involved, ensuring clarity and legal validity in the transaction. 4. Round Rock Texas Special Warranty Deed with Survivorship Rights: This type of deed is used when the intention is to establish survivorship rights among the three individuals upon the death of one or both of the original two individuals. It ensures that the remaining individuals retain ownership of the property without going through probate upon the death of the original owners. These various types of Round Rock Texas Special Warranty Deeds from Two Individuals to Three Individuals provide specific details of the property transfer, whether it involves cash consideration, gift consideration, mutual agreement, or survivorship rights. It is essential to consult with a legal professional to determine the appropriate type of deed and ensure a legally binding transfer of ownership.
