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.
Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal document commonly used in real estate transactions in Travis County, Texas. It enables the transfer of property ownership from a trust to two individuals, who will hold the property as joint tenants with rights of survivorship. In this type of deed, the trustee, who holds the property in trust, conveys the property to the two individuals as joint tenants. This means that both individuals will have an equal and undivided interest in the property, and upon the death of one joint tenant, the surviving joint tenant automatically inherits the deceased tenant's share of the property without the need for probate. With the Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship, the granter, or the trustee, guarantees that they have not encumbered the property, except as stated in the deed. However, the granter does not provide a warranty against any defects or encumbrances that existed before they acquired the property. Different variations of this type of deed can include the following: 1. Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship — Married Couples: Specifically designed for married couples, this type of deed ensures that the couple holds the property jointly with rights of survivorship, simplifying the transfer of ownership in case of the death of one spouse. 2. Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship — Business Partners: This deed variation is suitable for business partners who want to own property together with rights of survivorship. It allows for seamless transfer of ownership in case one partner passes away. 3. Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship — Parent and Child: This type of deed is commonly used when a parent wants to transfer property to their adult child. It ensures that both parties hold the property as joint tenants, simplifying the transfer of ownership upon the parent's death. In conclusion, the Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is an essential legal document in real estate transactions. It allows for the transfer of property from a trust to two individuals, who hold the property as joint tenants with rights of survivorship. This deed variation is commonly used by married couples, business partners, and parents transferring property to their children.Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal document commonly used in real estate transactions in Travis County, Texas. It enables the transfer of property ownership from a trust to two individuals, who will hold the property as joint tenants with rights of survivorship. In this type of deed, the trustee, who holds the property in trust, conveys the property to the two individuals as joint tenants. This means that both individuals will have an equal and undivided interest in the property, and upon the death of one joint tenant, the surviving joint tenant automatically inherits the deceased tenant's share of the property without the need for probate. With the Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship, the granter, or the trustee, guarantees that they have not encumbered the property, except as stated in the deed. However, the granter does not provide a warranty against any defects or encumbrances that existed before they acquired the property. Different variations of this type of deed can include the following: 1. Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship — Married Couples: Specifically designed for married couples, this type of deed ensures that the couple holds the property jointly with rights of survivorship, simplifying the transfer of ownership in case of the death of one spouse. 2. Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship — Business Partners: This deed variation is suitable for business partners who want to own property together with rights of survivorship. It allows for seamless transfer of ownership in case one partner passes away. 3. Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship — Parent and Child: This type of deed is commonly used when a parent wants to transfer property to their adult child. It ensures that both parties hold the property as joint tenants, simplifying the transfer of ownership upon the parent's death. In conclusion, the Travis Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is an essential legal document in real estate transactions. It allows for the transfer of property from a trust to two individuals, who hold the property as joint tenants with rights of survivorship. This deed variation is commonly used by married couples, business partners, and parents transferring property to their children.
