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 Wichita Falls Texas General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common is a legal document that transfers ownership of real property from one individual to two co-owners, known as "tenants in common." This deed provides a warranty that the granter (the seller) holds clear title to the property and has the legal right to transfer it. In Wichita Falls, Texas, there are various types of General Warranty Deeds specifically designed for transferring ownership of property to two individuals as tenants in common. Some common variations include: 1. Traditional General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common: This type of deed is suitable for most straightforward property transfers. It guarantees that the granter has full ownership rights and will defend against any future claims. 2. Special Warranty Deed for Individual to Two (2) Individuals as Tenants in Common: Unlike the general warranty deed, this type of deed only warrants the title against claims arising during the granter's ownership, not prior to it. This deed is often used when the granter is uncertain about the full history of the property's title. 3. Quitclaim Deed for Individual to Two (2) Individuals as Tenants in Common: This deed makes no guarantees or warranties regarding the granter's ownership or the property's title. It simply transfers the granter's interest in the property to the two individuals as equal co-owners. This type of deed is often used in non-traditional or informal arrangements. When using the Wichita Falls Texas General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common, it is important to include specific details such as the legal description of the property, the names and addresses of the granter and grantees, the purchase price (if applicable), and any additional conditions or restrictions that may apply. By utilizing a General Warranty Deed, the individuals receiving the property as tenants in common can have peace of mind knowing that they are receiving a guarantee of clear title and protection against future claims. It is recommended to consult an experienced attorney or a real estate professional to ensure the legality and accuracy of the deed.A Wichita Falls Texas General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common is a legal document that transfers ownership of real property from one individual to two co-owners, known as "tenants in common." This deed provides a warranty that the granter (the seller) holds clear title to the property and has the legal right to transfer it. In Wichita Falls, Texas, there are various types of General Warranty Deeds specifically designed for transferring ownership of property to two individuals as tenants in common. Some common variations include: 1. Traditional General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common: This type of deed is suitable for most straightforward property transfers. It guarantees that the granter has full ownership rights and will defend against any future claims. 2. Special Warranty Deed for Individual to Two (2) Individuals as Tenants in Common: Unlike the general warranty deed, this type of deed only warrants the title against claims arising during the granter's ownership, not prior to it. This deed is often used when the granter is uncertain about the full history of the property's title. 3. Quitclaim Deed for Individual to Two (2) Individuals as Tenants in Common: This deed makes no guarantees or warranties regarding the granter's ownership or the property's title. It simply transfers the granter's interest in the property to the two individuals as equal co-owners. This type of deed is often used in non-traditional or informal arrangements. When using the Wichita Falls Texas General Warranty Deed for Individual to Two (2) Individuals as Tenants in Common, it is important to include specific details such as the legal description of the property, the names and addresses of the granter and grantees, the purchase price (if applicable), and any additional conditions or restrictions that may apply. By utilizing a General Warranty Deed, the individuals receiving the property as tenants in common can have peace of mind knowing that they are receiving a guarantee of clear title and protection against future claims. It is recommended to consult an experienced attorney or a real estate professional to ensure the legality and accuracy of the deed.