League City, Texas Special Warranty Deed is a legally-binding document used in real estate transactions to transfer ownership of a property from one party to another. This type of deed guarantees that the property seller (granter) will defend the title against any claims or defects that occurred during their ownership, but not against claims that arose before they acquired the property. It provides a degree of protection for the buyer (grantee) by limiting the seller's liability. League City, Texas offers several types of Special Warranty Deeds, including: 1. General Special Warranty Deed: This is the most common type of Special Warranty Deed used in League City, Texas. It grants the buyer limited protection by assuring that the seller will defend against any claims arising during their ownership. 2. Special Warranty Deed for Commercial Property: This type of Special Warranty Deed is specifically tailored for commercial properties in League City, Texas. It contains provisions that are unique to commercial real estate transactions, offering additional safeguards for both the buyer and the seller. 3. Special Warranty Deed with Expanded Warranty: This variation of the Special Warranty Deed provides an extended level of protection for the buyer. In addition to defending against claims arising during the seller's ownership, it also covers some pre-existing title defects, although specific limitations may apply. 4. Special Warranty Deed with Limited Liability: This type of Special Warranty Deed, sometimes referred to as a "Limited Warranty Deed," places further restrictions on the seller's liability. It typically excludes any claims or defects that occurred before the seller acquired the property. When executing a League City, Texas Special Warranty Deed, it is essential to consult with a qualified real estate attorney to ensure all necessary legal requirements are met. Additionally, title insurance is recommended to further protect the buyer's interests and provide coverage for any potential undisclosed claims or defects in the property's title.
League City Texas Special Warranty Deed
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