San Angelo Texas Assumption Warranty Deed is a legal document that is commonly used in real estate transactions to transfer ownership of a property from one party to another while assuming certain warranties and liabilities associated with the property. This deed provides protection to the buyer by guaranteeing that the property is free from any defects in title and that the seller will defend against any claims made by third parties. In San Angelo, Texas, there are different types of Assumption Warranty Deeds that can be used depending on the specific circumstances of the transaction: 1. General Warranty Deed: This type of deed provides the highest level of protection to the buyer as it includes warranties against any defects in title, even if they occurred before the seller owned the property. It guarantees that the seller will defend the buyer's ownership rights if any claims arise in the future. 2. Special Warranty Deed: With this type of deed, the seller guarantees that they have not personally caused any defects in the property's title during their ownership. However, it does not protect the buyer against any claims that may arise from previous owners. 3. Quitclaim Deed: Unlike the previous two, a Quitclaim Deed does not offer any warranties or guarantees to the buyer. It simply transfers the seller's interest in the property to the buyer, without making any representations about the title's validity. In any San Angelo Texas Assumption Warranty Deed, the document generally includes vital information such as the names and contact details of the buyer and seller, a legal description of the property being transferred, the purchase price (if applicable), any liens or encumbrances on the property, and the warranties being assumed by the seller. When dealing with real estate transactions in San Angelo, it is essential to consult with a qualified real estate attorney or professional to ensure that the appropriate type of Assumption Warranty Deed is used and all legal requirements are met.