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 Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal document that specifies the transfer of ownership of a property in Collin County, Texas, from a trust to two individuals who will hold the property as joint tenants with rights of survivorship. This type of deed provides certain warranties to protect the interests of the new owners. In this particular case, the property is held in a trust, which means it is owned by a legal entity separate from the individuals who will become the new joint tenants. The trust acts as the granter, transferring the property to the two individuals as joint tenants with rights of survivorship. The special warranty deed provides certain assurances regarding the property. It guarantees that the granter has the legal right to sell the property and that there are no undisclosed claims or encumbrances on the property except for those explicitly stated in the deed. This means that the granter will defend the new owners against any claims that may arise from the time the granter acquired the property until the date of the deed. The term "joint tenants with rights of survivorship" means that both individuals will have an equal ownership interest in the property, and in the event of the death of one owner, the other owner will automatically inherit the deceased owner's share. This arrangement allows for a seamless transfer of ownership and avoids the property going through probate. While the specific type mentioned above is the Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship, there may be variations of this deed depending on the specific circumstances. Some other types of Collin Texas Special Warranty Deeds related to joint tenancy and survivorship rights may include: 1. Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants 2. Collin Texas Special Warranty Deed — Trust to Two Individuals as Tenants in Common with Rights of Survivorship 3. Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Right to Partition 4. Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants by the Entirety with Rights of Survivorship (applicable only to married couples) It is important to consult with a qualified real estate attorney or legal professional to ensure the specific type of deed being used aligns with the intended ownership structure and the laws of Collin County, Texas.A Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal document that specifies the transfer of ownership of a property in Collin County, Texas, from a trust to two individuals who will hold the property as joint tenants with rights of survivorship. This type of deed provides certain warranties to protect the interests of the new owners. In this particular case, the property is held in a trust, which means it is owned by a legal entity separate from the individuals who will become the new joint tenants. The trust acts as the granter, transferring the property to the two individuals as joint tenants with rights of survivorship. The special warranty deed provides certain assurances regarding the property. It guarantees that the granter has the legal right to sell the property and that there are no undisclosed claims or encumbrances on the property except for those explicitly stated in the deed. This means that the granter will defend the new owners against any claims that may arise from the time the granter acquired the property until the date of the deed. The term "joint tenants with rights of survivorship" means that both individuals will have an equal ownership interest in the property, and in the event of the death of one owner, the other owner will automatically inherit the deceased owner's share. This arrangement allows for a seamless transfer of ownership and avoids the property going through probate. While the specific type mentioned above is the Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship, there may be variations of this deed depending on the specific circumstances. Some other types of Collin Texas Special Warranty Deeds related to joint tenancy and survivorship rights may include: 1. Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants 2. Collin Texas Special Warranty Deed — Trust to Two Individuals as Tenants in Common with Rights of Survivorship 3. Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Right to Partition 4. Collin Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants by the Entirety with Rights of Survivorship (applicable only to married couples) It is important to consult with a qualified real estate attorney or legal professional to ensure the specific type of deed being used aligns with the intended ownership structure and the laws of Collin County, Texas.
