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.
McKinney Texas General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common is a legal document that transfers ownership of a property in McKinney, Texas, from a single individual to two individuals as tenants in common. This type of deed provides a guarantee by the granter (seller) that they have legal ownership of the property and that there are no undisclosed encumbrances or claims on the property, except those explicitly mentioned in the deed. Keywords: McKinney Texas, General Warranty Deed, Individual, Two Individuals, Tenants in Common, legal document, ownership, property, guarantee, granter, seller, encumbrances, claims. In addition to the standard McKinney Texas General Warranty Deed for Individual to Two Individuals as Tenants in Common, there may be variations or additional types of deeds that serve specific purposes or accommodate different scenarios. Some of these variations include: 1. McKinney Texas Special Warranty Deed for Individual to Two Individuals as Tenants in Common: This type of deed provides a limited guarantee by the granter, specifying that they have not encumbered the property during their ownership, but it does not guarantee against any prior claims or encumbrances. 2. McKinney Texas Quitclaim Deed for Individual to Two Individuals as Tenants in Common: A quitclaim deed is used when the granter wants to transfer their interest in the property without providing any warranty or guarantee of ownership. It simply transfers whatever interest the granter holds at the time of the deed's execution. 3. McKinney Texas Life Estate Deed for Individual to Two Individuals as Tenants in Common: This type of deed is commonly used when the granter wants to transfer the property to two individuals as tenants in common, but retain a life estate for themselves. This means the granter has the right to use and occupy the property until their death, after which the property would fully transfer to the other two individuals. 4. McKinney Texas Lady Bird Deed for Individual to Two Individuals as Tenants in Common: Also known as an enhanced life estate deed, this type of deed allows the granter to transfer the property to two individuals as tenants in common while retaining certain rights, such as the ability to revoke or change the beneficiaries during their lifetime. These variations of deeds cater to different circumstances and allow for flexibility in property transfers while ensuring the legal clarity and protection for all parties involved. Keywords: McKinney Texas, Special Warranty Deed, Quitclaim Deed, Life Estate Deed, Lady Bird Deed, variations, legal clarity, flexibility, property transfers, granter, guarantee, encumbrances, claims, tenants in common.McKinney Texas General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common is a legal document that transfers ownership of a property in McKinney, Texas, from a single individual to two individuals as tenants in common. This type of deed provides a guarantee by the granter (seller) that they have legal ownership of the property and that there are no undisclosed encumbrances or claims on the property, except those explicitly mentioned in the deed. Keywords: McKinney Texas, General Warranty Deed, Individual, Two Individuals, Tenants in Common, legal document, ownership, property, guarantee, granter, seller, encumbrances, claims. In addition to the standard McKinney Texas General Warranty Deed for Individual to Two Individuals as Tenants in Common, there may be variations or additional types of deeds that serve specific purposes or accommodate different scenarios. Some of these variations include: 1. McKinney Texas Special Warranty Deed for Individual to Two Individuals as Tenants in Common: This type of deed provides a limited guarantee by the granter, specifying that they have not encumbered the property during their ownership, but it does not guarantee against any prior claims or encumbrances. 2. McKinney Texas Quitclaim Deed for Individual to Two Individuals as Tenants in Common: A quitclaim deed is used when the granter wants to transfer their interest in the property without providing any warranty or guarantee of ownership. It simply transfers whatever interest the granter holds at the time of the deed's execution. 3. McKinney Texas Life Estate Deed for Individual to Two Individuals as Tenants in Common: This type of deed is commonly used when the granter wants to transfer the property to two individuals as tenants in common, but retain a life estate for themselves. This means the granter has the right to use and occupy the property until their death, after which the property would fully transfer to the other two individuals. 4. McKinney Texas Lady Bird Deed for Individual to Two Individuals as Tenants in Common: Also known as an enhanced life estate deed, this type of deed allows the granter to transfer the property to two individuals as tenants in common while retaining certain rights, such as the ability to revoke or change the beneficiaries during their lifetime. These variations of deeds cater to different circumstances and allow for flexibility in property transfers while ensuring the legal clarity and protection for all parties involved. Keywords: McKinney Texas, Special Warranty Deed, Quitclaim Deed, Life Estate Deed, Lady Bird Deed, variations, legal clarity, flexibility, property transfers, granter, guarantee, encumbrances, claims, tenants in common.
