This form is a Correction Warranty Deed where the Grantor is an individual and the Grantee is an individual. This deed is used to correct a mutual mistake: misspelled name of a party. This deed complies with all state statutory laws.
A McKinney Texas Correction Warranty Deed is a legal document that transfers ownership of real property in McKinney, Texas, from one party to another while providing certain warranty protections to the buyer. The warranty deed ensures that the seller has the legal right to sell the property and guarantees that the property is free from any encumbrances or title defects to the best of the seller's knowledge. Keywords: McKinney Texas, Correction, Warranty Deed, real property, ownership, legal document, warranty protections, buyer, seller, encumbrances, title defects. There are two main types of McKinney Texas Correction Warranty Deeds: 1. General Warranty Deed: This type of deed provides the broadest level of protection for the buyer. The seller guarantees that they have the lawful right to sell the property and will defend the buyer's ownership against any claims made by third parties. Additionally, the seller promises that the property is free from any encumbrances or defects, both past and present. 2. Special Warranty Deed: Unlike the general warranty deed, a special warranty deed offers limited protection to the buyer. The seller only guarantees that they have not done anything to impair the title during their ownership of the property. This means that any title defects or encumbrances that existed before the seller acquired the property would not be covered under a special warranty deed. In both types of McKinney Texas Correction Warranty Deeds, the document includes pertinent information such as the names and addresses of the buyer and seller, a detailed property description, the consideration paid for the property, and the legally binding signatures of both parties. The deed is then recorded in the applicable county's public records to ensure its validity and enforceability. Overall, a McKinney Texas Correction Warranty Deed is a crucial legal instrument in real estate transactions that offers buyers protection and peace of mind regarding the property's title and ownership rights.A McKinney Texas Correction Warranty Deed is a legal document that transfers ownership of real property in McKinney, Texas, from one party to another while providing certain warranty protections to the buyer. The warranty deed ensures that the seller has the legal right to sell the property and guarantees that the property is free from any encumbrances or title defects to the best of the seller's knowledge. Keywords: McKinney Texas, Correction, Warranty Deed, real property, ownership, legal document, warranty protections, buyer, seller, encumbrances, title defects. There are two main types of McKinney Texas Correction Warranty Deeds: 1. General Warranty Deed: This type of deed provides the broadest level of protection for the buyer. The seller guarantees that they have the lawful right to sell the property and will defend the buyer's ownership against any claims made by third parties. Additionally, the seller promises that the property is free from any encumbrances or defects, both past and present. 2. Special Warranty Deed: Unlike the general warranty deed, a special warranty deed offers limited protection to the buyer. The seller only guarantees that they have not done anything to impair the title during their ownership of the property. This means that any title defects or encumbrances that existed before the seller acquired the property would not be covered under a special warranty deed. In both types of McKinney Texas Correction Warranty Deeds, the document includes pertinent information such as the names and addresses of the buyer and seller, a detailed property description, the consideration paid for the property, and the legally binding signatures of both parties. The deed is then recorded in the applicable county's public records to ensure its validity and enforceability. Overall, a McKinney Texas Correction Warranty Deed is a crucial legal instrument in real estate transactions that offers buyers protection and peace of mind regarding the property's title and ownership rights.