This form is a General Warranty Deed where the grantors are husband and wife and the grantees are husband and wife.
A Wichita Falls Texas General Warranty Deed for Husband and Wife to Husband and Wife with Vendor's Lien is a legally binding document that transfers the ownership of real estate property from a married couple as sellers (granters) to a married couple as buyers (grantees). This type of deed includes a vendor's lien, which is a security interest held by the seller over the property until the purchase price is paid in full. Key Elements of a Wichita Falls General Warranty Deed for Husband and Wife to Husband and Wife with Vendor's Lien: 1. Granter's Information: The deed starts with the full legal names and addresses of the selling or granting husband and wife. 2. Grantee's Information: The full legal names and addresses of the buying or receiving husband and wife are provided next. 3. Property Description: A detailed and accurate legal description of the property being conveyed is included. This may include lot numbers, block numbers, metes and bounds, and any other relevant details needed for identification. 4. Consideration: The purchase price or consideration for the transfer of the property is clearly stated in the deed. 5. Vendor's Lien: The vendor's lien section specifies that the seller retains a security interest or lien on the property until the buyers fully satisfy the purchase price. 6. Encumbrances and Title Covenants: General warranty language is included to guarantee clear title and protect the buyers against any prior claims or encumbrances on the property. 7. Signatures: All granters must sign the deed in the presence of a notary public, and the document is typically recorded with the county clerk's office. Different types of Wichita Falls Texas General Warranty Deeds for Husband and Wife to Husband and Wife with Vendor's Lien may include variations in terms of property types or specific contingencies. Some common variations include: 1. Residential General Warranty Deed for Husband and Wife to Husband and Wife with Vendor's Lien: When the property being transferred is a residential dwelling, such as a single-family home or condominium, this specific type of deed is used. 2. Commercial General Warranty Deed for Husband and Wife to Husband and Wife with Vendor's Lien: This variation is utilized when the property being transferred is a commercial building or any other non-residential property. 3. Agricultural General Warranty Deed for Husband and Wife to Husband and Wife with Vendor's Lien: If the property being transferred is primarily used for agricultural purposes, such as farmland or ranches, this specific type of deed is used. 4. Vacant Land General Warranty Deed for Husband and Wife to Husband and Wife with Vendor's Lien: When the property being transferred does not have any structures or improvements, but rather is undeveloped or vacant, this variation is appropriate. It is important to consult with a qualified real estate attorney or professional to ensure that the specific type of Wichita Falls Texas General Warranty Deed for Husband and Wife to Husband and Wife with Vendor's Lien chosen suits the unique circumstances of the property being transferred and the parties involved.
