This form is a General Warranty Deed where the grantor is an individual and the grantees are two individuals holding title as tenants in common.
In Austin, Texas, a General Warranty Deed is a legal document used to transfer ownership of real property from an individual to two individuals as tenants in common. The deed provides a guarantee that the property is being transferred free and clear of any encumbrances, and the granter (the individual transferring the property) promises to defend the title against any claims that may arise in the future. The General Warranty Deed specifically states that the property is being transferred to two individuals, who will hold the property as tenants in common. This means that each individual will have an undivided interest in the property, and their rights and responsibilities will be governed by the tenancy in common agreement. The tenants in common have the right to use and enjoy the entire property, but they each have a separate and distinct share of ownership. Different types or variations of the Austin Texas General Warranty Deed for Individual to Two Individuals as Tenants in Common may include variations in the percentage of ownership allocated to each tenant in common. For example, the deed could specify that one tenant in common holds a 75% interest in the property, while the other tenant in common holds a 25% interest. Other variations may include the inclusion of specific provisions regarding the management, maintenance, and division of the property among the tenants in common. Keywords that may be relevant to this type of deed include "Austin Texas," "general warranty deed," "individual to two individuals," "tenants in common," "undivided interest," "property transfer," "title guarantee," "encumbrances," "ownership rights," "tenancy in common agreement," "percentage of ownership," "management provisions," "maintenance provisions," and "property division provisions."In Austin, Texas, a General Warranty Deed is a legal document used to transfer ownership of real property from an individual to two individuals as tenants in common. The deed provides a guarantee that the property is being transferred free and clear of any encumbrances, and the granter (the individual transferring the property) promises to defend the title against any claims that may arise in the future. The General Warranty Deed specifically states that the property is being transferred to two individuals, who will hold the property as tenants in common. This means that each individual will have an undivided interest in the property, and their rights and responsibilities will be governed by the tenancy in common agreement. The tenants in common have the right to use and enjoy the entire property, but they each have a separate and distinct share of ownership. Different types or variations of the Austin Texas General Warranty Deed for Individual to Two Individuals as Tenants in Common may include variations in the percentage of ownership allocated to each tenant in common. For example, the deed could specify that one tenant in common holds a 75% interest in the property, while the other tenant in common holds a 25% interest. Other variations may include the inclusion of specific provisions regarding the management, maintenance, and division of the property among the tenants in common. Keywords that may be relevant to this type of deed include "Austin Texas," "general warranty deed," "individual to two individuals," "tenants in common," "undivided interest," "property transfer," "title guarantee," "encumbrances," "ownership rights," "tenancy in common agreement," "percentage of ownership," "management provisions," "maintenance provisions," and "property division provisions."
