This form is a Special Warranty Deed where the Trust is the Grantor and the Grantees are two Individuals who will be joint tenants of the property with rights of survivorship. Grantor conveys and specially warrants the described property to the Grantees. The Grantor only warrants and will defend the property only as to claims of persons claiming by, through or under Grantor, but not otherwise. This deed complies with all state statutory laws.
A College Stations Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal document used to transfer ownership of real property in College Station, Texas to two individuals who become joint tenants with the right of survivorship. This type of deed provides certain warranties and protections to the new owners (grantees) while also allowing for the seamless transfer of ownership in the event of the death of one joint tenant. In this specific type of deed, the property is held in trust by the granter and is then transferred to two individuals as joint tenants. As joint tenants, both individuals have equal ownership rights and interests in the property. However, what makes this deed special is the inclusion of rights of survivorship. This means that if one joint tenant passes away, the surviving joint tenant automatically inherits the deceased tenant's share of the property, without the need for probate or any additional legal procedures. The College Stations Texas Special Warranty Deed provides certain warranties by the granter to the grantees. These warranties include ensuring that the granter has the lawful authority to convey the property, that the property is free from any undisclosed encumbrances or defects except those specifically mentioned in the deed, and that the granter will defend the grantees' ownership rights against any claims or disputes that may arise. It's important to note that there may be different variations of this type of deed, each tailored to specific circumstances or requirements. Some variations may include additional provisions for specific property conditions or limitations. Examples of potential variations could be College Station Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship with Escrow Instructions or College Station Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship with Specific Use Restrictions. These variations focus on specific aspects such as financial arrangements or limitations on property usage. In summary, a College Station Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal instrument that allows for the transfer of real property ownership to two individuals as joint tenants. It provides warranties from the granter to the grantees and includes rights of survivorship, ensuring a seamless transfer of ownership in the event of a joint tenant's death. Different variations of this deed may exist, accommodating additional provisions or specific circumstances relevant to the property in question.A College Stations Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal document used to transfer ownership of real property in College Station, Texas to two individuals who become joint tenants with the right of survivorship. This type of deed provides certain warranties and protections to the new owners (grantees) while also allowing for the seamless transfer of ownership in the event of the death of one joint tenant. In this specific type of deed, the property is held in trust by the granter and is then transferred to two individuals as joint tenants. As joint tenants, both individuals have equal ownership rights and interests in the property. However, what makes this deed special is the inclusion of rights of survivorship. This means that if one joint tenant passes away, the surviving joint tenant automatically inherits the deceased tenant's share of the property, without the need for probate or any additional legal procedures. The College Stations Texas Special Warranty Deed provides certain warranties by the granter to the grantees. These warranties include ensuring that the granter has the lawful authority to convey the property, that the property is free from any undisclosed encumbrances or defects except those specifically mentioned in the deed, and that the granter will defend the grantees' ownership rights against any claims or disputes that may arise. It's important to note that there may be different variations of this type of deed, each tailored to specific circumstances or requirements. Some variations may include additional provisions for specific property conditions or limitations. Examples of potential variations could be College Station Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship with Escrow Instructions or College Station Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship with Specific Use Restrictions. These variations focus on specific aspects such as financial arrangements or limitations on property usage. In summary, a College Station Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal instrument that allows for the transfer of real property ownership to two individuals as joint tenants. It provides warranties from the granter to the grantees and includes rights of survivorship, ensuring a seamless transfer of ownership in the event of a joint tenant's death. Different variations of this deed may exist, accommodating additional provisions or specific circumstances relevant to the property in question.