This form is a General Warranty Deed where the grantor is an individual and the grantee is a non-profit corporation.
Harris Texas General Warranty Deed for Individual to Nonprofit Corporation is a legal document used to transfer real property ownership from an individual to a nonprofit corporation in Harris County, Texas. This deed provides a guarantee from the individual (granter) that they have full legal right to transfer the property and that there are no liens or claims against it. In Harris County, Texas, there are two main types of General Warranty Deeds for Individual to Nonprofit Corporation: 1. General Warranty Deed with Consideration: This type of deed is used when the nonprofit corporation pays a specific sum of money or provides other valuable consideration to the individual for the property transfer. This consideration is usually mentioned in the deed and signifies a mutually agreed-upon price for the transfer. 2. General Warranty Deed without Consideration: This deed is employed when the property is gifted or donated by the individual to the nonprofit corporation without any financial transaction taking place. In this case, the consideration section of the deed will be marked as zero or left blank. The Harris Texas General Warranty Deed for Individual to Nonprofit Corporation includes several essential elements and provisions: 1. Granter and Grantee Information: The deed identifies the individual (granter) and the nonprofit corporation (grantee) involved in the property transfer. It includes their full legal names, addresses, and contact details. 2. Legal Property Description: The deed provides a detailed description of the property being transferred. It includes the property's official legal description, boundaries, lot number, acreage, and any other specific identifying details. 3. Consideration Clause: In the case of a General Warranty Deed with Consideration, this section states the amount of money or other valuable consideration exchanged between the individual and the nonprofit corporation. 4. Covenants and Warranties: The granter guarantees certain warranties to the grantee, which include the following: — Covenanbasinin: Assures that thgranteror owns the property and has the legal right to transfer it. — Covenant of Right to Convey: Assures that the granter has the authority and legal capacity to transfer the property. — Covenant Against Encumbrances: Assures that the property is free from any liens, claims, or encumbrances, unless mentioned in the deed. — Covenant of Quiet Enjoyment: Assures that the grantee will not face any disturbances or claims to the property's ownership. 5. Execution and Notarization: The deed requires the granter's signature, witnessed by at least two witnesses. It also necessitates notarization by a licensed notary public to authenticate the granter's identity and the voluntaries of the transfer. It is crucial to consult a qualified real estate attorney or legal professional to ensure the proper completion and recording of the Harris Texas General Warranty Deed for Individual to Nonprofit Corporation. Legal advice and assistance can help avoid any potential issues or complications during the property transfer process.Harris Texas General Warranty Deed for Individual to Nonprofit Corporation is a legal document used to transfer real property ownership from an individual to a nonprofit corporation in Harris County, Texas. This deed provides a guarantee from the individual (granter) that they have full legal right to transfer the property and that there are no liens or claims against it. In Harris County, Texas, there are two main types of General Warranty Deeds for Individual to Nonprofit Corporation: 1. General Warranty Deed with Consideration: This type of deed is used when the nonprofit corporation pays a specific sum of money or provides other valuable consideration to the individual for the property transfer. This consideration is usually mentioned in the deed and signifies a mutually agreed-upon price for the transfer. 2. General Warranty Deed without Consideration: This deed is employed when the property is gifted or donated by the individual to the nonprofit corporation without any financial transaction taking place. In this case, the consideration section of the deed will be marked as zero or left blank. The Harris Texas General Warranty Deed for Individual to Nonprofit Corporation includes several essential elements and provisions: 1. Granter and Grantee Information: The deed identifies the individual (granter) and the nonprofit corporation (grantee) involved in the property transfer. It includes their full legal names, addresses, and contact details. 2. Legal Property Description: The deed provides a detailed description of the property being transferred. It includes the property's official legal description, boundaries, lot number, acreage, and any other specific identifying details. 3. Consideration Clause: In the case of a General Warranty Deed with Consideration, this section states the amount of money or other valuable consideration exchanged between the individual and the nonprofit corporation. 4. Covenants and Warranties: The granter guarantees certain warranties to the grantee, which include the following: — Covenanbasinin: Assures that thgranteror owns the property and has the legal right to transfer it. — Covenant of Right to Convey: Assures that the granter has the authority and legal capacity to transfer the property. — Covenant Against Encumbrances: Assures that the property is free from any liens, claims, or encumbrances, unless mentioned in the deed. — Covenant of Quiet Enjoyment: Assures that the grantee will not face any disturbances or claims to the property's ownership. 5. Execution and Notarization: The deed requires the granter's signature, witnessed by at least two witnesses. It also necessitates notarization by a licensed notary public to authenticate the granter's identity and the voluntaries of the transfer. It is crucial to consult a qualified real estate attorney or legal professional to ensure the proper completion and recording of the Harris Texas General Warranty Deed for Individual to Nonprofit Corporation. Legal advice and assistance can help avoid any potential issues or complications during the property transfer process.
