This form is a General Warranty Deed where the grantors could be an individual/individuals or husband and wife and the grantees could be an individual or multiple individuals.
A Fort Worth Texas General Warranty Deed for Individuals or Husband and Wife to an Individual or Individuals is a legal document used to transfer ownership of real property from one party to another in the city of Fort Worth, Texas. This type of deed provides the highest level of protection to the buyer, guaranteeing that the property is free from any undisclosed claims or encumbrances. The deed is specifically designed for individuals or a married couple (husband and wife) who wish to sell or transfer their property to another individual or individuals. It is important to note that this type of deed is typically used for residential properties and not for commercial properties or vacant land. The Fort Worth Texas General Warranty Deed includes several key components to ensure a secure transfer of ownership. These components may vary slightly depending on the specific circumstances, but generally include: 1. Granter(s): This section identifies the current property owner(s) who is/are transferring the property. 2. Grantee(s): This section identifies the individual(s) or individuals who will be receiving the property. 3. Property Description: A detailed and accurate description of the property being transferred, including its legal description, lot number, block number, and any other applicable identifying information. 4. Consideration: The amount of money or value exchanged for the property. This section may also include any specific terms or conditions of the agreement. 5. Warranties: The most critical aspect of the General Warranty Deed is the set of warranties and promises made by the seller (granter) to the buyer (grantee). These warranties typically include the following: a. Covenant of Basin: The seller guarantees that they are the rightful owner of the property and have the legal right to convey it. b. Covenant of Quiet Enjoyment: The seller guarantees that the buyer will have peaceful possession and use of the property without any interference or claims from third parties. c. Covenant Against Encumbrances: The seller guarantees that the property is free from any liens, claims, or encumbrances, other than those explicitly stated in the deed. d. Covenant of Warranty: The seller promises to defend the buyer against any future claims or legal actions related to the title of the property. 6. Execution and Notarization: The deed must be signed and acknowledged by the granter(s) before a notary public. This step adds an extra layer of authenticity and legality to the document. It is important to note that while the Fort Worth Texas General Warranty Deed is commonly used, there might be variations or additional types such as Special Warranty Deed, Lady Bird Deed, or Quitclaim Deed, depending on the specific requirements or circumstances of the buyer and seller. However, the General Warranty Deed is the most comprehensive and secure option for transferring property ownership in Fort Worth, Texas.
