This form is a General Warranty Deed where the grantors are two individuals and the grantees are husband and wife.
A Plano Texas General Warranty Deed for Two Individuals to Husband and Wife with Vendor's Lien is a legal document used to transfer ownership of real estate property in Plano, Texas, from two individuals to a married couple, while also granting the seller (vendor) a lien on the property. This type of deed provides a guarantee (general warranty) that the sellers have the legal right to sell the property and that there are no encumbrances or title defects, except those specifically mentioned in the deed. The inclusion of a vendor's lien means that the sellers retain a security interest in the property until the agreed-upon purchase price is fully paid by the buyers. There are no different types of Plano Texas General Warranty Deed for Two Individuals to Husband and Wife with Vendor's Lien. However, variations may include: 1. Plano Texas General Warranty Deed with Vendor's Lien — This deed transfers ownership from one or more individuals to a married couple, but without the specific inclusion of "Two Individuals to Husband and Wife" in the deed's title. 2. Plano Texas Special Warranty Deed for Two Individuals to Husband and Wife with Vendor's Lien — A special warranty deed provides a lesser guarantee compared to a general warranty deed. It promises that the sellers will defend against title claims only arising during their ownership period. In Plano, Texas, a General Warranty Deed for Two Individuals to Husband and Wife with a Vendor's Lien is a commonly used legal instrument to ensure a secure property transfer and protect all parties involved. Buyers should review the deed thoroughly and consult with a qualified attorney for any advice or clarification needed based on their unique circumstances.A Plano Texas General Warranty Deed for Two Individuals to Husband and Wife with Vendor's Lien is a legal document used to transfer ownership of real estate property in Plano, Texas, from two individuals to a married couple, while also granting the seller (vendor) a lien on the property. This type of deed provides a guarantee (general warranty) that the sellers have the legal right to sell the property and that there are no encumbrances or title defects, except those specifically mentioned in the deed. The inclusion of a vendor's lien means that the sellers retain a security interest in the property until the agreed-upon purchase price is fully paid by the buyers. There are no different types of Plano Texas General Warranty Deed for Two Individuals to Husband and Wife with Vendor's Lien. However, variations may include: 1. Plano Texas General Warranty Deed with Vendor's Lien — This deed transfers ownership from one or more individuals to a married couple, but without the specific inclusion of "Two Individuals to Husband and Wife" in the deed's title. 2. Plano Texas Special Warranty Deed for Two Individuals to Husband and Wife with Vendor's Lien — A special warranty deed provides a lesser guarantee compared to a general warranty deed. It promises that the sellers will defend against title claims only arising during their ownership period. In Plano, Texas, a General Warranty Deed for Two Individuals to Husband and Wife with a Vendor's Lien is a commonly used legal instrument to ensure a secure property transfer and protect all parties involved. Buyers should review the deed thoroughly and consult with a qualified attorney for any advice or clarification needed based on their unique circumstances.
