This form is a General Warranty Deed where the grantor is a trust and the grantees are husband and wife.
A Frisco Texas General Warranty Deed for Trust to Husband and Wife is a legal document that transfers the ownership of a property from the granter to the trust, with the beneficiaries being the husband and wife. This type of deed guarantees that the granter is the rightful owner of the property and has the authority to transfer ownership. The General Warranty Deed provides certain covenants or promises from the granter to the trust and the husband and wife. These covenants typically include the following: 1. Covenant of basin: The granter guarantees that they own the property and have the right to transfer ownership. 2. Covenant of right to convey: The granter assures that they have the legal authority to transfer the property. 3. Covenant against encumbrances: The granter guarantees that there are no undisclosed encumbrances on the property, such as liens, mortgages, or easements. 4. Covenant of quiet enjoyment: The granter promises that the husband and wife will have undisturbed possession of the property and will not be evicted by any third party claiming an interest in the property. 5. Covenant of warranty forever: The granter assures that they will defend the title against any claims made by third parties. It is important to note that there may be variations or different types of Frisco Texas General Warranty Deed for Trust to Husband and Wife. Some of these variations include: 1. Frisco Texas Special Warranty Deed for Trust to Husband and Wife: This type of deed limits the warranty to the period of time when the granter owned the property and does not cover any defects or claims that existed before their ownership. 2. Frisco Texas Quitclaim Deed for Trust to Husband and Wife: Unlike a General Warranty Deed, a Quitclaim Deed offers no warranties or guarantees of any kind. It simply transfers whatever interest the granter has in the property to the trust, without any promises regarding ownership or title. In conclusion, a Frisco Texas General Warranty Deed for Trust to Husband and Wife is a legally binding document that transfers property ownership to a trust with spouses as beneficiaries, while providing various warranties and assurances. It ensures that the granter has the legal authority to convey the property and defends the title against any potential claims.A Frisco Texas General Warranty Deed for Trust to Husband and Wife is a legal document that transfers the ownership of a property from the granter to the trust, with the beneficiaries being the husband and wife. This type of deed guarantees that the granter is the rightful owner of the property and has the authority to transfer ownership. The General Warranty Deed provides certain covenants or promises from the granter to the trust and the husband and wife. These covenants typically include the following: 1. Covenant of basin: The granter guarantees that they own the property and have the right to transfer ownership. 2. Covenant of right to convey: The granter assures that they have the legal authority to transfer the property. 3. Covenant against encumbrances: The granter guarantees that there are no undisclosed encumbrances on the property, such as liens, mortgages, or easements. 4. Covenant of quiet enjoyment: The granter promises that the husband and wife will have undisturbed possession of the property and will not be evicted by any third party claiming an interest in the property. 5. Covenant of warranty forever: The granter assures that they will defend the title against any claims made by third parties. It is important to note that there may be variations or different types of Frisco Texas General Warranty Deed for Trust to Husband and Wife. Some of these variations include: 1. Frisco Texas Special Warranty Deed for Trust to Husband and Wife: This type of deed limits the warranty to the period of time when the granter owned the property and does not cover any defects or claims that existed before their ownership. 2. Frisco Texas Quitclaim Deed for Trust to Husband and Wife: Unlike a General Warranty Deed, a Quitclaim Deed offers no warranties or guarantees of any kind. It simply transfers whatever interest the granter has in the property to the trust, without any promises regarding ownership or title. In conclusion, a Frisco Texas General Warranty Deed for Trust to Husband and Wife is a legally binding document that transfers property ownership to a trust with spouses as beneficiaries, while providing various warranties and assurances. It ensures that the granter has the legal authority to convey the property and defends the title against any potential claims.