This form is a General Warranty Deed where the grantors are three individuals and the grantee is a limited partnership.
A Harris Texas General Warranty Deed for Three Individuals to Limited Partnership is a legal document that facilitates the transfer of property ownership from three individuals to a limited partnership in Harris County, Texas. This type of deed ensures that the property is conveyed with a guarantee of clear title and protects the limited partnership and its successors from any potential claims or encumbrances on the property. In this deed, the three individuals, referred to as granters, transfer their rights, interest, and ownership of the property to the limited partnership, known as the grantee. The limited partnership, typically consisting of multiple partners, assumes all responsibilities and liabilities associated with the property. The Harris Texas General Warranty Deed for Three Individuals to Limited Partnership is a vital legal document that provides complete protection and assurance to the limited partnership regarding the property's title. It guarantees that the granters have the legal right to transfer the property and that it is free from any potential claims or defects, except those expressly stated in the deed. Key terms and keywords relevant to this deed include: 1. General Warranty Deed: This type of deed offers the most comprehensive protection to the grantee, as it guarantees clear title, ensures the granters have the right to transfer the property, and defends against any claims arising from before or during their ownership. 2. Harris Texas: This signifies that the deed pertains to properties located within Harris County, Texas. 3. Three Individuals: Refers to a group of people participating as granters in the deed transfer. 4. Limited Partnership: Refers to a legal business entity formed by two or more partners, consisting of general partners who manage the partnership and limited partners who invest capital but have limited liability. 5. Property Transfer: The conveyance of property ownership from the granters to the grantee. Additional types of Harris Texas General Warranty Deeds for Three Individuals to Limited Partnership may include variations based on specific circumstances, such as: a. Harris Texas General Warranty Deed for Three Individuals to Limited Partnership with Specific Covenants: This type of deed may include specific covenants or promises made by the granters regarding the property's condition, liens, or encumbrances. b. Harris Texas General Warranty Deed for Three Individuals to Limited Partnership with Reservation: This type of deed may include a reservation of a specific interest in the property retained by the granters as specified in the deed. c. Harris Texas Special Warranty Deed for Three Individuals to Limited Partnership: This type of deed offers a limited warranty, protecting the grantee only against claims arising during the granters' ownership period, rather than from before the granters' ownership. In conclusion, the Harris Texas General Warranty Deed for Three Individuals to Limited Partnership is an essential legal document that facilitates the transfer of property ownership from three individuals to a limited partnership located within Harris County, Texas. This deed ensures that the grantee receives clear title and is protected against any potential claims or defects on the property. Different types of this deed may include variations based on specific covenants or reservations outlined in the document.
