This form is a Warranty Deed where the grantor and/or grantee could be a limited partnership or LLC.
A San Antonio Texas Warranty Deed for Limited Partnership or LLC is a legal document used to transfer property ownership between a Limited Partnership or Limited Liability Company (LLC) acting as either the granter or grantee. The warranty deed ensures that the property being conveyed is free from any encumbrances or title defects, except for those specifically stated in the deed. In the context of this document, the granter refers to the entity that currently owns the property and intends to transfer ownership, while the grantee refers to the entity that will receive ownership of the property. Both the granter and grantee can be either a Limited Partnership or an LLC, depending on the circumstances. The San Antonio Texas Warranty Deed for Limited Partnership or LLC outlines important details such as the legal description of the property, the names of the granter and grantee, the consideration (usually the purchase price), and any conditions or restrictions associated with the transfer. There can be different types of San Antonio Texas Warranty Deeds for Limited Partnership or LLC, depending on the specific intent of the transaction. One such type is the General Warranty Deed, which guarantees that the granter has clear title to the property and will defend it against any claims. Another type is the Special Warranty Deed, which only warranties against title defects or encumbrances that may have arisen during the period of the granter's ownership. These warranty deeds are commonly used when transferring real estate between Limited Partnerships or LCS in San Antonio, Texas. They provide legal protection to both the granter and grantee, ensuring a clear and undisputed transfer of property rights.
