This form is a Warranty Deed where the grantor and/or grantee could be a limited partnership or LLC.
A Waco Texas Warranty Deed for Limited Partnership or LLC is a legal document that transfers real property rights from the Granter (the Limited Partnership or LLC) to the Grantee (another party). This type of warranty deed provides assurance from the Granter to the Grantee that the property being transferred is free from any encumbrances, except for those specifically mentioned in the deed. The Waco Texas Warranty Deed for Limited Partnership or LLC may have different variations depending on the specific circumstances and requirements. Some of these variations include: 1. General Warranty Deed for Limited Partnership or LLC: This type of warranty deed ensures that the Granter guarantees clear title to the property, meaning there are no outstanding liens or claims that could affect the Grantee's ownership. 2. Special Warranty Deed for Limited Partnership or LLC: Unlike a general warranty deed, a special warranty deed only provides a limited guarantee of clear title. The Granter guarantees that during their ownership, they did not cause or allow any liens or claims, but they do not cover any issues that may have existed before their ownership. 3. Quitclaim Deed for Limited Partnership or LLC: A quitclaim deed conveys the Granter's interest in the property, if any, without any warranties or guarantees. It simply transfers whatever rights the Granter has in the property to the Grantee, without assuming responsibility for any potential title issues. When using a Waco Texas Warranty Deed for Limited Partnership or LLC as the Granter, it is advisable to consult with a real estate attorney or legal professional to ensure the document is properly prepared and executed. This will help protect the interests of both the Granter and the Grantee and avoid any potential legal complications in the future.A Waco Texas Warranty Deed for Limited Partnership or LLC is a legal document that transfers real property rights from the Granter (the Limited Partnership or LLC) to the Grantee (another party). This type of warranty deed provides assurance from the Granter to the Grantee that the property being transferred is free from any encumbrances, except for those specifically mentioned in the deed. The Waco Texas Warranty Deed for Limited Partnership or LLC may have different variations depending on the specific circumstances and requirements. Some of these variations include: 1. General Warranty Deed for Limited Partnership or LLC: This type of warranty deed ensures that the Granter guarantees clear title to the property, meaning there are no outstanding liens or claims that could affect the Grantee's ownership. 2. Special Warranty Deed for Limited Partnership or LLC: Unlike a general warranty deed, a special warranty deed only provides a limited guarantee of clear title. The Granter guarantees that during their ownership, they did not cause or allow any liens or claims, but they do not cover any issues that may have existed before their ownership. 3. Quitclaim Deed for Limited Partnership or LLC: A quitclaim deed conveys the Granter's interest in the property, if any, without any warranties or guarantees. It simply transfers whatever rights the Granter has in the property to the Grantee, without assuming responsibility for any potential title issues. When using a Waco Texas Warranty Deed for Limited Partnership or LLC as the Granter, it is advisable to consult with a real estate attorney or legal professional to ensure the document is properly prepared and executed. This will help protect the interests of both the Granter and the Grantee and avoid any potential legal complications in the future.
