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.
A General Warranty Deed is a legally binding document that transfers ownership of a property from an individual to two individuals, serving as tenants in common. This type of deed provides a guarantee or warranty from the seller (granter) to the buyers (grantees) that the property is free from any encumbrances, including liens or claims, except those specifically mentioned in the deed. In McAllen, Texas, there are several variations of the General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common, each serving a specific purpose. Some of these variations include: 1. McAllen Texas General Warranty Deed with Full Coverage: This type of deed offers the broadest level of protection to the grantees. It promises that the granter will defend the title against any claims, even if the issue arose before the granter acquired the property. 2. McAllen Texas General Warranty Deed with Limited Coverage: This variation provides warranty coverage only for the period when the granter owned the property. It guarantees that the granter has not created any encumbrances during their ownership, but it does not protect against any claims prior to their ownership. 3. McAllen Texas General Warranty Deed with Covenant of Quiet Enjoyment: This type of deed ensures that the grantees will not be disturbed in their possession and enjoyment of the property by any third-party claims or interference from the granter. 4. McAllen Texas General Warranty Deed with Covenant of Further Assurance: This variation of the General Warranty Deed stipulates that the granter will take any necessary steps to rectify any defects in the title that may arise in the future. It assures the grantees that the granter will undertake any additional actions required to perfect the title. When executing a McAllen Texas General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common, it is crucial to consult with a qualified real estate attorney to ensure the deed accurately reflects the intentions of the parties involved and adheres to Texas state laws. It is also advisable for both the granter and grantees to carefully read and understand the terms and conditions of the deed before signing it, as it carries significant legal implications.A General Warranty Deed is a legally binding document that transfers ownership of a property from an individual to two individuals, serving as tenants in common. This type of deed provides a guarantee or warranty from the seller (granter) to the buyers (grantees) that the property is free from any encumbrances, including liens or claims, except those specifically mentioned in the deed. In McAllen, Texas, there are several variations of the General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common, each serving a specific purpose. Some of these variations include: 1. McAllen Texas General Warranty Deed with Full Coverage: This type of deed offers the broadest level of protection to the grantees. It promises that the granter will defend the title against any claims, even if the issue arose before the granter acquired the property. 2. McAllen Texas General Warranty Deed with Limited Coverage: This variation provides warranty coverage only for the period when the granter owned the property. It guarantees that the granter has not created any encumbrances during their ownership, but it does not protect against any claims prior to their ownership. 3. McAllen Texas General Warranty Deed with Covenant of Quiet Enjoyment: This type of deed ensures that the grantees will not be disturbed in their possession and enjoyment of the property by any third-party claims or interference from the granter. 4. McAllen Texas General Warranty Deed with Covenant of Further Assurance: This variation of the General Warranty Deed stipulates that the granter will take any necessary steps to rectify any defects in the title that may arise in the future. It assures the grantees that the granter will undertake any additional actions required to perfect the title. When executing a McAllen Texas General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common, it is crucial to consult with a qualified real estate attorney to ensure the deed accurately reflects the intentions of the parties involved and adheres to Texas state laws. It is also advisable for both the granter and grantees to carefully read and understand the terms and conditions of the deed before signing it, as it carries significant legal implications.
