Plano Texas Deed of Distribution Without a Warranty is a legal document that transfers ownership of a property located in Plano, Texas from one party to another, without any guarantee or warranty of title. This type of deed is commonly used when the granter (the current owner) wants to transfer their interest in the property to the grantee (the new owner), but does not want to be held responsible for any potential defects in the title. Keywords: Plano Texas, Deed of Distribution, Without a Warranty, property ownership, legal document, transfer of ownership, guarantee, warranty of title, granter, grantee, defects in title. Types of Plano Texas Deed of Distribution Without a Warranty: 1. General Warranty Deed: This type of deed guarantees that the granter holds clear and marketable title to the property, and will defend the grantee against any claims arising from the title. However, a Deed of Distribution Without a Warranty does not provide such guarantees. 2. Special Warranty Deed: Similar to a general warranty deed, a special warranty deed offers limited guarantees on the title but still has some protections for the grantee. However, a Deed of Distribution Without a Warranty completely waives any guarantees or warranties. 3. Quitclaim Deed: A quitclaim deed transfers the granter's interest in the property to the grantee, but it does not guarantee the ownership rights. It simply releases any claim the granter may have on the property. This type of deed is often used in divorces or between family members. Although there can be a quitclaim Deed of Distribution Without a Warranty, it is generally referred to as a Deed of Distribution without a Warranty. By using a Plano Texas Deed of Distribution Without a Warranty, the granter is essentially saying that they are not making any guarantees about the validity or marketability of the title, and that the grantee takes full responsibility for any potential defects. It is crucial for both parties to seek legal advice and conduct thorough due diligence on the property before entering into this type of deed.
Plano Texas Deed of Distribution Without a Warranty
Category:
State:
Texas
City:
Plano
Control #:
TX-JW-0131
Format:
PDF
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Description
Deed of Distribution Without a Warranty
Plano Texas Deed of Distribution Without a Warranty is a legal document that transfers ownership of a property located in Plano, Texas from one party to another, without any guarantee or warranty of title. This type of deed is commonly used when the granter (the current owner) wants to transfer their interest in the property to the grantee (the new owner), but does not want to be held responsible for any potential defects in the title. Keywords: Plano Texas, Deed of Distribution, Without a Warranty, property ownership, legal document, transfer of ownership, guarantee, warranty of title, granter, grantee, defects in title. Types of Plano Texas Deed of Distribution Without a Warranty: 1. General Warranty Deed: This type of deed guarantees that the granter holds clear and marketable title to the property, and will defend the grantee against any claims arising from the title. However, a Deed of Distribution Without a Warranty does not provide such guarantees. 2. Special Warranty Deed: Similar to a general warranty deed, a special warranty deed offers limited guarantees on the title but still has some protections for the grantee. However, a Deed of Distribution Without a Warranty completely waives any guarantees or warranties. 3. Quitclaim Deed: A quitclaim deed transfers the granter's interest in the property to the grantee, but it does not guarantee the ownership rights. It simply releases any claim the granter may have on the property. This type of deed is often used in divorces or between family members. Although there can be a quitclaim Deed of Distribution Without a Warranty, it is generally referred to as a Deed of Distribution without a Warranty. By using a Plano Texas Deed of Distribution Without a Warranty, the granter is essentially saying that they are not making any guarantees about the validity or marketability of the title, and that the grantee takes full responsibility for any potential defects. It is crucial for both parties to seek legal advice and conduct thorough due diligence on the property before entering into this type of deed.
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