The Round Rock Texas Special Assumption Warranty Deed is a legal document used in real estate transactions specifically in the Round Rock area of Texas. This deed is designed to transfer the ownership of a property from one party to another, while also providing a warranty that the property is free from any encumbrances or defects, except for those specifically mentioned in the deed. In essence, the Special Assumption Warranty Deed guarantees that the seller has the legal right to sell the property and that they will defend the buyer against any claims made by third parties. The deed also assures that the property is being conveyed without any undisclosed debts, liens, or judgments. There are a few different types of Round Rock Texas Special Assumption Warranty Deeds that can be employed in different situations. Some of these include: 1. General Warranty Deed: This is the most comprehensive type of warranty deed, offering the highest level of protection for the buyer. It guarantees the title against any defects arising from the past history of the property. The seller assumes the responsibility to defend the buyer against any claims. 2. Limited Warranty Deed: This type of warranty deed provides fewer warranties compared to the general warranty deed. It only guarantees that the seller has not caused any defects or claims and does not protect against claims arising from previous owners. 3. Special Warranty Deed: This deed limits the warranty provided by the seller to defects and claims that occurred during the time they owned the property. It does not cover any issues that may have existed before the seller acquired the property. 4. Quitclaim Deed: While not technically a warranty deed, the quitclaim deed is commonly used in Round Rock and offers the least amount of protection for the buyer. It transfers the seller's interest in the property without making any warranties or guarantees about the title. In conclusion, the Round Rock Texas Special Assumption Warranty Deed is a crucial legal document used in real estate transactions to ensure a smooth transfer of property ownership. It provides the buyer with protection against any claims or defects in the property's title. Different variations of the warranty deed offer varying levels of protection, such as the general warranty deed, limited warranty deed, special warranty deed, and quitclaim deed.