This form is a Special Warranty Deed where the grantor is an LLC and the grantee is an individual.
Abilene Texas Special Warranty Deed for LLC to Individual is a legal document that transfers ownership of a property from a limited liability company (LLC) to an individual in the city of Abilene, Texas. This type of deed provides the buyer (individual) with limited protection against any defects in the title that may have occurred during the time the property was owned by the LLC. The Abilene Texas Special Warranty Deed for LLC to Individual is specifically designed for transactions involving properties located in Abilene, Texas. This deed ensures that the LLC, as the seller, guarantees that it has not actively caused any title defects but only warranties against defects that have arisen during its ownership. Different types of Abilene Texas Special Warranty Deed for LLC to Individual can include variations based on specific provisions or requirements by the parties involved. Some possible variations are: 1. Abilene Texas Special Warranty Deed with Lien Release: This type of deed is used when the LLC transfers the property to an individual while simultaneously releasing any existing liens on the property. 2. Abilene Texas Special Warranty Deed with Leasehold Interest: If the property is subject to a lease agreement, this deed variation would transfer ownership of the LLC's leasehold interest to an individual. 3. Abilene Texas Special Warranty Deed for Residential Property: When the property being transferred is a residential property, this specific type of deed may include additional provisions related to residential use, such as easements, homeowner association obligations, or covenants. 4. Abilene Texas Special Warranty Deed for Commercial Property: In the case of transferring commercial properties, this type of deed may contain specific language and provisions related to the commercial use, such as zoning restrictions, permits, and/or licenses. It is important to consult with a qualified real estate attorney or professional who specializes in Texas real estate law to ensure that the Abilene Texas Special Warranty Deed for LLC to Individual accurately reflects the intentions and requirements of the parties involved in the transaction. This will help ensure a smooth transfer of ownership and protect all parties' interests.Abilene Texas Special Warranty Deed for LLC to Individual is a legal document that transfers ownership of a property from a limited liability company (LLC) to an individual in the city of Abilene, Texas. This type of deed provides the buyer (individual) with limited protection against any defects in the title that may have occurred during the time the property was owned by the LLC. The Abilene Texas Special Warranty Deed for LLC to Individual is specifically designed for transactions involving properties located in Abilene, Texas. This deed ensures that the LLC, as the seller, guarantees that it has not actively caused any title defects but only warranties against defects that have arisen during its ownership. Different types of Abilene Texas Special Warranty Deed for LLC to Individual can include variations based on specific provisions or requirements by the parties involved. Some possible variations are: 1. Abilene Texas Special Warranty Deed with Lien Release: This type of deed is used when the LLC transfers the property to an individual while simultaneously releasing any existing liens on the property. 2. Abilene Texas Special Warranty Deed with Leasehold Interest: If the property is subject to a lease agreement, this deed variation would transfer ownership of the LLC's leasehold interest to an individual. 3. Abilene Texas Special Warranty Deed for Residential Property: When the property being transferred is a residential property, this specific type of deed may include additional provisions related to residential use, such as easements, homeowner association obligations, or covenants. 4. Abilene Texas Special Warranty Deed for Commercial Property: In the case of transferring commercial properties, this type of deed may contain specific language and provisions related to the commercial use, such as zoning restrictions, permits, and/or licenses. It is important to consult with a qualified real estate attorney or professional who specializes in Texas real estate law to ensure that the Abilene Texas Special Warranty Deed for LLC to Individual accurately reflects the intentions and requirements of the parties involved in the transaction. This will help ensure a smooth transfer of ownership and protect all parties' interests.
