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 Dallas Texas General Warranty Deed from an Individual to Five (5) Individuals is a legal document that transfers ownership of real property from one individual to multiple individuals. This type of deed provides a guarantee from the seller (granter) that they have clear title to the property and will defend the buyer (grantee) against any future claims or disputes. Keywords: Dallas Texas, General Warranty Deed, Individual, Five individuals, ownership, real property, guarantee, seller, granter, clear title, defend, buyer, grantee, claims, disputes. There are different types of Dallas Texas General Warranty Deed from Individual to Five (5) Individuals, including: 1. Dallas Texas General Warranty Deed with Survivorship Rights: This deed allows the five individuals to hold the property jointly with the right of survivorship. In the event of the death of one of the co-owners, their share automatically passes to the remaining four individuals without the need for probate. 2. Dallas Texas General Warranty Deed as Tenants in Common: This type of deed allows the five individuals to own equal or unequal shares of the property. Each co-owner has the right to sell or transfer their share without the consent of the others. In the event of death, their share will pass through their estate. 3. Dallas Texas General Warranty Deed with Percentage Interests: This deed specifies the percentage ownership of each individual. The total percentages should add up to 100%. It allows for flexibility in distributing shares and can be based on financial investment or other arrangements agreed upon by the parties involved. 4. Dallas Texas General Warranty Deed with Restrictive Covenants: This type of deed may include specific restrictions or conditions placed on the use of the property by the five individuals, such as limitations on building structures, conducting certain activities, or rights of access. 5. Dallas Texas General Warranty Deed with Right of First Refusal: This deed grants the five individuals the right to purchase the property if the seller decides to sell in the future. It ensures that the grantee has the first opportunity to buy the property before the seller can offer it to others. In conclusion, a Dallas Texas General Warranty Deed from Individual to Five (5) Individuals is a legal document transferring ownership of real property and providing a guarantee of clear title. Various types of deeds exist, such as those with survivorship rights, as tenants in common, with percentage interests, or with restrictive covenants and right of first refusal. These options allow for different forms of ownership and protection of the grantee's rights and interests.A Dallas Texas General Warranty Deed from an Individual to Five (5) Individuals is a legal document that transfers ownership of real property from one individual to multiple individuals. This type of deed provides a guarantee from the seller (granter) that they have clear title to the property and will defend the buyer (grantee) against any future claims or disputes. Keywords: Dallas Texas, General Warranty Deed, Individual, Five individuals, ownership, real property, guarantee, seller, granter, clear title, defend, buyer, grantee, claims, disputes. There are different types of Dallas Texas General Warranty Deed from Individual to Five (5) Individuals, including: 1. Dallas Texas General Warranty Deed with Survivorship Rights: This deed allows the five individuals to hold the property jointly with the right of survivorship. In the event of the death of one of the co-owners, their share automatically passes to the remaining four individuals without the need for probate. 2. Dallas Texas General Warranty Deed as Tenants in Common: This type of deed allows the five individuals to own equal or unequal shares of the property. Each co-owner has the right to sell or transfer their share without the consent of the others. In the event of death, their share will pass through their estate. 3. Dallas Texas General Warranty Deed with Percentage Interests: This deed specifies the percentage ownership of each individual. The total percentages should add up to 100%. It allows for flexibility in distributing shares and can be based on financial investment or other arrangements agreed upon by the parties involved. 4. Dallas Texas General Warranty Deed with Restrictive Covenants: This type of deed may include specific restrictions or conditions placed on the use of the property by the five individuals, such as limitations on building structures, conducting certain activities, or rights of access. 5. Dallas Texas General Warranty Deed with Right of First Refusal: This deed grants the five individuals the right to purchase the property if the seller decides to sell in the future. It ensures that the grantee has the first opportunity to buy the property before the seller can offer it to others. In conclusion, a Dallas Texas General Warranty Deed from Individual to Five (5) Individuals is a legal document transferring ownership of real property and providing a guarantee of clear title. Various types of deeds exist, such as those with survivorship rights, as tenants in common, with percentage interests, or with restrictive covenants and right of first refusal. These options allow for different forms of ownership and protection of the grantee's rights and interests.
