This form is a General Warranty Deed where the Grantor is an individual and the Grantees are five (5) individuals. Grantor conveys and generally warrants the described property to the grantees. This deed complies with all state statutory laws.
A Bexar Texas General Warranty Deed from Individual to Five (5) Individuals is a legal document used to transfer ownership of real property from a single person (granter) to five individuals (grantees) in Bexar County, Texas. This type of deed provides a guarantee to the grantees that the granter has full legal ownership of the property and the right to sell it. It also ensures that the property is free from any encumbrances, liens, or legal issues that could affect the new owners' rights. Key elements of a Bexar Texas General Warranty Deed from Individual to Five (5) Individuals include: 1. Granter details: The deed clearly identifies the individual transferring the property (granter), providing their full legal name, address, and any other necessary identification. 2. Grantee details: The names and addresses of the five individuals (grantees) who will be the new owners are also listed. This section explicitly states the multiple individuals involved in the transfer. 3. Property description: The deed provides an accurate and detailed description of the property being transferred. This includes the legal description, such as metes and bounds, lot numbers, and any other relevant identifying information. It helps to avoid any confusion or ambiguity about the nature and location of the property. 4. Covenants and warranties: The Bexar Texas General Warranty Deed includes various covenants and warranties provided by the granter to the grantees. These covenants typically guarantee that the granter legally owns the property, has the right to sell it, and will defend the title against any claims or challenges. 5. Consideration: The deed specifies the consideration or value exchanged for the property transfer, usually in the form of money. It establishes that the transfer is not a gift but a transaction with legal and financial implications. 6. Execution and notarization: The deed must be signed by the granter and notarized to ensure its legality and authenticity. Both the granter and the notary public will sign the document, and a seal or stamp will be affixed to verify its execution. Other types of Bexar Texas General Warranty Deeds from Individual to Five (5) Individuals may include: 1. Bexar Texas Special Warranty Deed: This type of deed guarantees that the granter has not caused any title defects during their ownership. It offers protection against claims arising only during the time the granter owned the property, unlike the general warranty deed, which covers the entire history of the property. 2. Bexar Texas Quitclaim Deed: This type of deed transfers whatever ownership interest the granter currently possesses in the property, without providing any warranties or guarantees. It is often used in situations where the granter's ownership is unclear or when transferring property between family members or trusted parties. 3. Bexar Texas Lady Bird Deed: Sometimes referred to as an enhanced life estate deed, this deed provides a way to transfer property while retaining the rights to live on or use the property during the granter's lifetime. Upon the granter's death, the property automatically transfers to the grantees, avoiding probate and allowing the granter to retain control and ownership until their passing. In conclusion, a Bexar Texas General Warranty Deed from Individual to Five (5) Individuals is a legal instrument used to transfer property ownership, guaranteeing the granter's right to sell and providing assurance to the grantees regarding the property's ownership and freedom from any encumbrances. Additional types of deeds, including special warranty deeds, quitclaim deeds, and Lady Bird deeds, offer alternative options for property transfers in Bexar County, Texas.A Bexar Texas General Warranty Deed from Individual to Five (5) Individuals is a legal document used to transfer ownership of real property from a single person (granter) to five individuals (grantees) in Bexar County, Texas. This type of deed provides a guarantee to the grantees that the granter has full legal ownership of the property and the right to sell it. It also ensures that the property is free from any encumbrances, liens, or legal issues that could affect the new owners' rights. Key elements of a Bexar Texas General Warranty Deed from Individual to Five (5) Individuals include: 1. Granter details: The deed clearly identifies the individual transferring the property (granter), providing their full legal name, address, and any other necessary identification. 2. Grantee details: The names and addresses of the five individuals (grantees) who will be the new owners are also listed. This section explicitly states the multiple individuals involved in the transfer. 3. Property description: The deed provides an accurate and detailed description of the property being transferred. This includes the legal description, such as metes and bounds, lot numbers, and any other relevant identifying information. It helps to avoid any confusion or ambiguity about the nature and location of the property. 4. Covenants and warranties: The Bexar Texas General Warranty Deed includes various covenants and warranties provided by the granter to the grantees. These covenants typically guarantee that the granter legally owns the property, has the right to sell it, and will defend the title against any claims or challenges. 5. Consideration: The deed specifies the consideration or value exchanged for the property transfer, usually in the form of money. It establishes that the transfer is not a gift but a transaction with legal and financial implications. 6. Execution and notarization: The deed must be signed by the granter and notarized to ensure its legality and authenticity. Both the granter and the notary public will sign the document, and a seal or stamp will be affixed to verify its execution. Other types of Bexar Texas General Warranty Deeds from Individual to Five (5) Individuals may include: 1. Bexar Texas Special Warranty Deed: This type of deed guarantees that the granter has not caused any title defects during their ownership. It offers protection against claims arising only during the time the granter owned the property, unlike the general warranty deed, which covers the entire history of the property. 2. Bexar Texas Quitclaim Deed: This type of deed transfers whatever ownership interest the granter currently possesses in the property, without providing any warranties or guarantees. It is often used in situations where the granter's ownership is unclear or when transferring property between family members or trusted parties. 3. Bexar Texas Lady Bird Deed: Sometimes referred to as an enhanced life estate deed, this deed provides a way to transfer property while retaining the rights to live on or use the property during the granter's lifetime. Upon the granter's death, the property automatically transfers to the grantees, avoiding probate and allowing the granter to retain control and ownership until their passing. In conclusion, a Bexar Texas General Warranty Deed from Individual to Five (5) Individuals is a legal instrument used to transfer property ownership, guaranteeing the granter's right to sell and providing assurance to the grantees regarding the property's ownership and freedom from any encumbrances. Additional types of deeds, including special warranty deeds, quitclaim deeds, and Lady Bird deeds, offer alternative options for property transfers in Bexar County, Texas.
