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.
Travis Texas Special Warranty Deed from Two Individuals to Three Individuals is a legal document that facilitates the transfer of property rights from two individuals, referred to as granters, to three individuals, known as grantees, within the jurisdiction of Travis County, Texas. This specialized type of deed ensures that the granters warrant and defend the property title against any claims arising only during their ownership period. In Travis County, Texas, several types of Special Warranty Deeds can be executed based on specific circumstances, such as: 1. Residential Property Special Warranty Deed: This type of deed applies when two individuals, referred to as granters, who currently own a residential property, wish to transfer the title to three individuals, known as grantees, while providing them with a limited warranty of title protection. The granters guarantee that they have not encumbered the property during their ownership tenure, except for any disclosures mentioned in the deed. 2. Vacant Land Special Warranty Deed: In this scenario, two individuals who are the legal owners of a vacant land plot decide to transfer the title to three individuals. Here, the granters warrant that they have not placed any liens or restrictions on the property, apart from those explicitly mentioned in the deed, thus providing peace of mind to the grantees regarding the title's validity. 3. Commercial Property Special Warranty Deed: When two individuals possess legal ownership of a commercial property and intend to convey the property rights to three individuals, this specialized deed type is used. By executing this deed, the granters assure the grantees that they will defend the title against any claims or encumbrances arising only during their period of ownership, excluding any known limitations mentioned in the deed. A Travis Texas Special Warranty Deed from Two Individuals to Three Individuals is executed to legally transfer property rights accurately and securely. It ensures the granters' limited warranty of title and provides peace of mind to the grantees, safeguarding them against any undisclosed claims or liens during the granters' ownership period.
