This form is a Special Warranty Deed where the grantor is an LLC and the grantee is an individual.
A Harris Texas Special Warranty Deed for LLC to Individual is a legal document used in Harris County, Texas, to transfer ownership of real estate from a limited liability company (LLC) to an individual. This type of deed offers a limited warranty of title, assuring the grantee that the property has not been encumbered or adversely affected by the LLC during its ownership. The Harris Texas Special Warranty Deed for LLC to Individual includes specific information such as the names and addresses of the transferor (LLC) and the transferee (individual), the legal description of the property being transferred, and the consideration (payment or value) exchanged for the transfer. When it comes to different types of Harris Texas Special Warranty Deed for LLC to Individual, there are generally three variations: 1. General Harris Texas Special Warranty Deed for LLC to Individual: This type of deed provides a limited warranty of title, indicating that the granter (LLC) is guaranteeing that they have not encumbered or adversely affected the property during their ownership. However, it does not cover any defects or claims that may exist prior to the LLC's ownership. 2. Limited Harris Texas Special Warranty Deed for LLC to Individual: This type of deed is similar to the general special warranty deed but further limits the warranty to only cover claims and encumbrances that may have occurred during the ownership of the LLC. It does not provide protection against any defects or claims that existed prior to the LLC's ownership. 3. Special Harris Texas Special Warranty Deed for LLC to Individual: This type of deed is the most restrictive and typically used in situations where the LLC wants to release all liability or guarantees of the property's title. The granter (LLC) provides a "special" warranty, only guaranteeing that they have not encumbered or adversely affected the property during their specific period of ownership. In conclusion, a Harris Texas Special Warranty Deed for LLC to Individual is a legal document used for transferring real estate ownership from an LLC to an individual in Harris County, Texas. It provides a limited warranty of title, with variations such as general, limited, and special, depending on the extent of protection offered by the granter (LLC) regarding the property's ownership history.A Harris Texas Special Warranty Deed for LLC to Individual is a legal document used in Harris County, Texas, to transfer ownership of real estate from a limited liability company (LLC) to an individual. This type of deed offers a limited warranty of title, assuring the grantee that the property has not been encumbered or adversely affected by the LLC during its ownership. The Harris Texas Special Warranty Deed for LLC to Individual includes specific information such as the names and addresses of the transferor (LLC) and the transferee (individual), the legal description of the property being transferred, and the consideration (payment or value) exchanged for the transfer. When it comes to different types of Harris Texas Special Warranty Deed for LLC to Individual, there are generally three variations: 1. General Harris Texas Special Warranty Deed for LLC to Individual: This type of deed provides a limited warranty of title, indicating that the granter (LLC) is guaranteeing that they have not encumbered or adversely affected the property during their ownership. However, it does not cover any defects or claims that may exist prior to the LLC's ownership. 2. Limited Harris Texas Special Warranty Deed for LLC to Individual: This type of deed is similar to the general special warranty deed but further limits the warranty to only cover claims and encumbrances that may have occurred during the ownership of the LLC. It does not provide protection against any defects or claims that existed prior to the LLC's ownership. 3. Special Harris Texas Special Warranty Deed for LLC to Individual: This type of deed is the most restrictive and typically used in situations where the LLC wants to release all liability or guarantees of the property's title. The granter (LLC) provides a "special" warranty, only guaranteeing that they have not encumbered or adversely affected the property during their specific period of ownership. In conclusion, a Harris Texas Special Warranty Deed for LLC to Individual is a legal document used for transferring real estate ownership from an LLC to an individual in Harris County, Texas. It provides a limited warranty of title, with variations such as general, limited, and special, depending on the extent of protection offered by the granter (LLC) regarding the property's ownership history.