A Lewisville Texas Correction Warranty Deed is a legal document that transfers the ownership of a property from a seller (granter) to a buyer (grantee) in Lewisville, Texas. This type of deed provides the buyer with a guarantee or warranty that the title to the property is clear and free from any liens or encumbrances, except those specifically mentioned in the deed. The Lewisville Texas Correction Warranty Deed ensures that the granter has the legal right to sell the property and that there are no undisclosed claims on the title. It also provides protection to the grantee against any future claims that may arise against the property. It is an important legal document in real estate transactions, commonly used to transfer ownership when buying or selling a home, land, or commercial property in Lewisville, Texas. Different types of Lewisville Texas Correction Warranty Deeds may include: 1. General Warranty Deed: This type of deed provides the broadest level of protection to the grantee by guaranteeing against any defects in the title, not only during the ownership of the granter but also extending back to previous owners. 2. Special Warranty Deed: This type of deed guarantees that the granter has not caused any defects in the title, but it does not protect against any defects that may have existed before the granter acquired the property. 3. Correction Deed: This type of deed is used to correct any errors or omissions in a previously recorded deed. It may be necessary if there were mistakes in the legal description, misspelled names, or other incorrect information in the original deed. 4. Quitclaim Deed: Although not a warranty deed, it is worth mentioning that a quitclaim deed is another type of deed often used in Lewisville, Texas real estate transactions. This type of deed transfers the granter's interest in the property to the grantee without any warranties or guarantees. It is essential to consult with a qualified attorney or a real estate professional when dealing with Lewisville Texas Correction Warranty Deeds to ensure that the transfer of ownership is legally binding and to understand the specific details of the property and any potential risks associated with the transaction.