This form is a Special Warranty Deed where the grantor is an LLC and the grantee is an individual.
A Tarrant 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 with certain limitations on the warranty of title. This type of deed is commonly used during the sale or transfer of real estate in Tarrant County, Texas. The purpose of a special warranty deed is to protect the buyer by providing a limited warranty of title. Unlike a general warranty deed that guarantees the title against any and all claims, a special warranty deed only guarantees the title against claims that arose during the time the LLC owned the property. This means that the individual buyer may be responsible for any claims that arose prior to the LLC acquiring the property. Some essential keywords related to a Tarrant Texas Special Warranty Deed for LLC to Individual include: 1. Tarrant County, Texas: This refers to the specific county where the property is located. Tarrant County is the third-most populous county in Texas and includes cities like Fort Worth and Arlington. 2. Special Warranty Deed: This highlights the type of deed being used for the transfer, which provides limited protection to the buyer regarding title claims. 3. LLC: An abbreviation for a limited liability company, which is a legal entity that often owns the property being transferred. 4. Individual: Refers to the person who is acquiring ownership of the property from the LLC. Different variations or types of Tarrant Texas Special Warranty Deed for LLC to Individual may include: 1. Residential Special Warranty Deed: This type of special warranty deed is specifically used for the transfer of residential properties, such as single-family homes or condominiums. 2. Commercial Special Warranty Deed: Used when transferring ownership of commercial properties, such as office buildings, malls, or industrial complexes. 3. Agricultural Special Warranty Deed: Designed for the transfer of agricultural properties, including farmland or ranches. 4. Vacant Land Special Warranty Deed: Used when transferring ownership of undeveloped or vacant land. 5. Mineral Rights Special Warranty Deed: This type of special warranty deed is utilized when transferring ownership of mineral rights associated with the property. In conclusion, a Tarrant Texas Special Warranty Deed for LLC to Individual is a legal document that facilitates the transfer of property ownership from an LLC to an individual with limited warranty of title. It is important to consider the specific variations of this deed, such as residential, commercial, agricultural, vacant land, or mineral rights special warranty deeds, depending on the type of property being transferred.A Tarrant 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 with certain limitations on the warranty of title. This type of deed is commonly used during the sale or transfer of real estate in Tarrant County, Texas. The purpose of a special warranty deed is to protect the buyer by providing a limited warranty of title. Unlike a general warranty deed that guarantees the title against any and all claims, a special warranty deed only guarantees the title against claims that arose during the time the LLC owned the property. This means that the individual buyer may be responsible for any claims that arose prior to the LLC acquiring the property. Some essential keywords related to a Tarrant Texas Special Warranty Deed for LLC to Individual include: 1. Tarrant County, Texas: This refers to the specific county where the property is located. Tarrant County is the third-most populous county in Texas and includes cities like Fort Worth and Arlington. 2. Special Warranty Deed: This highlights the type of deed being used for the transfer, which provides limited protection to the buyer regarding title claims. 3. LLC: An abbreviation for a limited liability company, which is a legal entity that often owns the property being transferred. 4. Individual: Refers to the person who is acquiring ownership of the property from the LLC. Different variations or types of Tarrant Texas Special Warranty Deed for LLC to Individual may include: 1. Residential Special Warranty Deed: This type of special warranty deed is specifically used for the transfer of residential properties, such as single-family homes or condominiums. 2. Commercial Special Warranty Deed: Used when transferring ownership of commercial properties, such as office buildings, malls, or industrial complexes. 3. Agricultural Special Warranty Deed: Designed for the transfer of agricultural properties, including farmland or ranches. 4. Vacant Land Special Warranty Deed: Used when transferring ownership of undeveloped or vacant land. 5. Mineral Rights Special Warranty Deed: This type of special warranty deed is utilized when transferring ownership of mineral rights associated with the property. In conclusion, a Tarrant Texas Special Warranty Deed for LLC to Individual is a legal document that facilitates the transfer of property ownership from an LLC to an individual with limited warranty of title. It is important to consider the specific variations of this deed, such as residential, commercial, agricultural, vacant land, or mineral rights special warranty deeds, depending on the type of property being transferred.