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 Houston Texas General Warranty Deed from Individual to Five Individuals is a legally binding document that transfers ownership of a property from an individual seller to five different individuals, referred to as grantees or buyers. This type of deed is typically used when multiple individuals are purchasing a property together, such as family members or business partners. A general warranty deed provides a comprehensive guarantee that the seller holds clear title to the property and has the right to sell it. It assures the buyers that they will not be confronted with any undisclosed claims or liens against the property, and that they will have full ownership and possession of the property. This type of deed also guarantees that the property has not been sold to anyone else. The Houston Texas General Warranty Deed from Individual to Five Individuals must contain certain essential elements to be legally valid. These include the names and addresses of the granter (seller) and the grantees (buyers), a description of the property being transferred, the consideration (purchase price), and the signatures of all parties involved. It should also reference the previous deed of the property and include any relevant legal descriptions or plat references. It is important to note that while this description outlines the general concept and requirements of a Houston Texas General Warranty Deed from Individual to Five Individuals, there may be different variations or subtypes of this deed depending on the specific circumstances or agreements between the buyers and the seller. These variations could include specific provisions or conditions tailored to the needs of the parties involved, such as restrictions or covenants related to land use or property rights. Ultimately, it is advisable to consult with a qualified real estate attorney or professional to ensure that the Houston Texas General Warranty Deed from Individual to Five Individuals is drafted accurately and meets all legal requirements, providing a secure and valid transfer of property ownership.A Houston Texas General Warranty Deed from Individual to Five Individuals is a legally binding document that transfers ownership of a property from an individual seller to five different individuals, referred to as grantees or buyers. This type of deed is typically used when multiple individuals are purchasing a property together, such as family members or business partners. A general warranty deed provides a comprehensive guarantee that the seller holds clear title to the property and has the right to sell it. It assures the buyers that they will not be confronted with any undisclosed claims or liens against the property, and that they will have full ownership and possession of the property. This type of deed also guarantees that the property has not been sold to anyone else. The Houston Texas General Warranty Deed from Individual to Five Individuals must contain certain essential elements to be legally valid. These include the names and addresses of the granter (seller) and the grantees (buyers), a description of the property being transferred, the consideration (purchase price), and the signatures of all parties involved. It should also reference the previous deed of the property and include any relevant legal descriptions or plat references. It is important to note that while this description outlines the general concept and requirements of a Houston Texas General Warranty Deed from Individual to Five Individuals, there may be different variations or subtypes of this deed depending on the specific circumstances or agreements between the buyers and the seller. These variations could include specific provisions or conditions tailored to the needs of the parties involved, such as restrictions or covenants related to land use or property rights. Ultimately, it is advisable to consult with a qualified real estate attorney or professional to ensure that the Houston Texas General Warranty Deed from Individual to Five Individuals is drafted accurately and meets all legal requirements, providing a secure and valid transfer of property ownership.
