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 Wichita Falls Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal document that transfers ownership of real estate property in Wichita Falls, Texas, from a trust to two individuals as joint tenants. This type of deed provides certain protections and rights to the individuals involved. The "trust" in this context refers to a legal arrangement where a trustee holds the property on behalf of beneficiaries. The special warranty deed ensures that the title of the property is transferred free from any encumbrances or defects that occurred during the time the trust held the property. This is different from a general warranty deed, which guarantees the owner's title against any and all claims. The special warranty deed grants ownership to two individuals as joint tenants. This means that both individuals have equal ownership rights, and if one person passes away, the other automatically becomes the sole owner of the property without the need for probate. This right of survivorship is a significant benefit of this type of deed, as it simplifies the transfer of ownership upon the death of one joint tenant. In Wichita Falls, Texas, there may be variations or subcategories of the Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship. These may include: 1. Wichita Falls Texas Special Warranty Deed — Trust to Two Individuals as Married Joint Tenants with Rights of Survivorship: This type of deed is similar to the standard special warranty deed to joint tenants, but it is specifically designed for married couples. In this case, the property is held by the trust for the benefit of the married individuals as joint tenants with a right of survivorship. 2. Wichita Falls Texas Special Warranty Deed — Trust to Two Individuals as Non-Married Joint Tenants with Rights of Survivorship: This particular deed variation is used when two individuals who are not married jointly own a property through a trust. The trust holds the property for the equal benefit of the two individuals with the right of survivorship. It's important to consult with a licensed attorney or a real estate professional in Wichita Falls, Texas, to ensure the accuracy and legality of the specific type of special warranty deed needed for a particular situation. The details and provisions of the trust agreement and deed should be thoroughly reviewed and understood by all parties involved before any transfer of property takes place.A Wichita Falls Texas Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship is a legal document that transfers ownership of real estate property in Wichita Falls, Texas, from a trust to two individuals as joint tenants. This type of deed provides certain protections and rights to the individuals involved. The "trust" in this context refers to a legal arrangement where a trustee holds the property on behalf of beneficiaries. The special warranty deed ensures that the title of the property is transferred free from any encumbrances or defects that occurred during the time the trust held the property. This is different from a general warranty deed, which guarantees the owner's title against any and all claims. The special warranty deed grants ownership to two individuals as joint tenants. This means that both individuals have equal ownership rights, and if one person passes away, the other automatically becomes the sole owner of the property without the need for probate. This right of survivorship is a significant benefit of this type of deed, as it simplifies the transfer of ownership upon the death of one joint tenant. In Wichita Falls, Texas, there may be variations or subcategories of the Special Warranty Deed — Trust to Two Individuals as Joint Tenants with Rights of Survivorship. These may include: 1. Wichita Falls Texas Special Warranty Deed — Trust to Two Individuals as Married Joint Tenants with Rights of Survivorship: This type of deed is similar to the standard special warranty deed to joint tenants, but it is specifically designed for married couples. In this case, the property is held by the trust for the benefit of the married individuals as joint tenants with a right of survivorship. 2. Wichita Falls Texas Special Warranty Deed — Trust to Two Individuals as Non-Married Joint Tenants with Rights of Survivorship: This particular deed variation is used when two individuals who are not married jointly own a property through a trust. The trust holds the property for the equal benefit of the two individuals with the right of survivorship. It's important to consult with a licensed attorney or a real estate professional in Wichita Falls, Texas, to ensure the accuracy and legality of the specific type of special warranty deed needed for a particular situation. The details and provisions of the trust agreement and deed should be thoroughly reviewed and understood by all parties involved before any transfer of property takes place.
