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 Waco Texas correction warranty deed is a legal document used in Waco, Texas, to transfer property ownership from one party to another. It provides a guarantee that the property being conveyed is free from any defects in title. The correction warranty deed is commonly used when there are errors or omissions in a previously recorded deed, and it aims to rectify those mistakes. Keywords: Waco Texas, correction warranty deed, property ownership, defects in title, legal document, errors and omissions. Different types of Waco Texas correction warranty deeds include: 1. General Warranty Deed: This type of deed provides the highest level of protection for the buyer as it guarantees that the seller holds clear and marketable title to the property, and the seller will defend it against any future claims. 2. Special Warranty Deed: In this type of deed, the seller assures the buyer that they have not done anything during their ownership of the property that would impact its title, except for disclosed exceptions. This type of deed offers less protection compared to a general warranty deed. 3. Correction Deed: Also known as a corrective deed, it is used to correct errors or omissions in a previously recorded deed. This deed states the corrections made and references the previously recorded incorrect deed. 4. Quitclaim Deed: While not specifically a correction warranty deed, it can be used to correct title issues. A quitclaim deed transfers the interest or claim the seller has in the property to the buyer, but it does not guarantee that the seller has clear title. In conclusion, a Waco Texas correction warranty deed is a legal document used to transfer property ownership with a guarantee of clear title, correcting any errors or omissions. Different types of Waco Texas correction warranty deeds include general warranty deed, special warranty deed, correction deed, and quitclaim deed.
