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 Pasadena Texas Correction Warranty Deed is a legally binding document used in real estate transactions in Pasadena, Texas. It provides a guarantee from the seller, known as the granter, to the buyer, known as the grantee, that the property being sold is free from any defects in title and that the granter will defend the grantee against any claims or challenges to the property's ownership. This type of deed is commonly used to transfer ownership of real estate properties in Pasadena while ensuring the buyer receives clear title to the property. By executing a Correction Warranty Deed, the granter confirms that they have the legal right to sell the property and that there are no hidden liens, encumbrances, or claims against the property. Pasadena Texas Correction Warranty Deeds can be categorized into different types based on specific situations or conditions. These include: 1. General Correction Warranty Deed: This is the most common type of Correction Warranty Deed used in Pasadena, Texas. It transfers ownership of a property from the granter to the grantee without any conditions other than the seller's warranty against defects in title. 2. Special Correction Warranty Deed: This type of Correction Warranty Deed typically includes specific conditions or restrictions agreed upon by the granter and grantee. These conditions may include restrictions on land use, easements, and similar provisions. 3. Correction Warranty Deed with Reservation: In some cases, the granter may wish to transfer the property to the grantee while reserving certain rights or interests. This may include the granter reserving the right to access a portion of the property, retain mineral rights, or other specific reservations. 4. Correction Warranty Deed in Lieu of Foreclosure: This type of Correction Warranty Deed is used when a property is being transferred to a lender or financial institution in exchange for the cancellation of a debt owed by the granter. It allows the lender to avoid the lengthy foreclosure process. 5. Correction Warranty Deed with Life Estate: In situations where the granter wishes to transfer the property to the grantee while retaining the right to live in or use the property for the remainder of their life, a Correction Warranty Deed with Life Estate can be used. Upon the granter's death, full ownership transfers to the grantee. Pasadena Texas Correction Warranty Deeds are essential documents that protect both the buyer and seller in real estate transactions. They ensure that the property being transferred has a clear title and provide legal recourse in case of any title disputes or defects. It is recommended to consult with a qualified real estate attorney or title company to draft and execute a Correction Warranty Deed correctly and legally in Pasadena, Texas.A Pasadena Texas Correction Warranty Deed is a legally binding document used in real estate transactions in Pasadena, Texas. It provides a guarantee from the seller, known as the granter, to the buyer, known as the grantee, that the property being sold is free from any defects in title and that the granter will defend the grantee against any claims or challenges to the property's ownership. This type of deed is commonly used to transfer ownership of real estate properties in Pasadena while ensuring the buyer receives clear title to the property. By executing a Correction Warranty Deed, the granter confirms that they have the legal right to sell the property and that there are no hidden liens, encumbrances, or claims against the property. Pasadena Texas Correction Warranty Deeds can be categorized into different types based on specific situations or conditions. These include: 1. General Correction Warranty Deed: This is the most common type of Correction Warranty Deed used in Pasadena, Texas. It transfers ownership of a property from the granter to the grantee without any conditions other than the seller's warranty against defects in title. 2. Special Correction Warranty Deed: This type of Correction Warranty Deed typically includes specific conditions or restrictions agreed upon by the granter and grantee. These conditions may include restrictions on land use, easements, and similar provisions. 3. Correction Warranty Deed with Reservation: In some cases, the granter may wish to transfer the property to the grantee while reserving certain rights or interests. This may include the granter reserving the right to access a portion of the property, retain mineral rights, or other specific reservations. 4. Correction Warranty Deed in Lieu of Foreclosure: This type of Correction Warranty Deed is used when a property is being transferred to a lender or financial institution in exchange for the cancellation of a debt owed by the granter. It allows the lender to avoid the lengthy foreclosure process. 5. Correction Warranty Deed with Life Estate: In situations where the granter wishes to transfer the property to the grantee while retaining the right to live in or use the property for the remainder of their life, a Correction Warranty Deed with Life Estate can be used. Upon the granter's death, full ownership transfers to the grantee. Pasadena Texas Correction Warranty Deeds are essential documents that protect both the buyer and seller in real estate transactions. They ensure that the property being transferred has a clear title and provide legal recourse in case of any title disputes or defects. It is recommended to consult with a qualified real estate attorney or title company to draft and execute a Correction Warranty Deed correctly and legally in Pasadena, Texas.
