This form is a Warranty Deed where the grantor is a limited partnership and the grantee is a limited partnership.
A San Antonio Texas Warranty Deed for Limited Partnership to Limited Partnership is a legal document used to transfer ownership of a property from one limited partnership entity to another limited partnership entity. This type of deed provides a guarantee or warranty from the transferring partnership that the property being conveyed is free from any encumbrances or defects, and that the transferring partnership has full authority and right to transfer the property. Keywords: 1. San Antonio: Refers to the city of San Antonio located in the state of Texas, where this specific type of warranty deed is used for limited partnership transfers. 2. Texas: Refers to the state of Texas, where the legal requirements and regulations for the creation and transfer of property interests are governed by state law. 3. Warranty Deed: A legal document that guarantees the granter (transferring party) has good and marketable title to the property, and promises to defend the title against any claims. 4. Limited Partnership: A form of business organization where two or more partners collaborate in a venture, where at least one partner has unlimited liability (general partner) and others have limited liability (limited partners). 5. Limited Partnership to Limited Partnership: Refers to the specific scenario where one limited partnership is transferring property ownership to another limited partnership. 6. Ownership Transfer: The act of conveying the legal ownership of a property from one entity (limited partnership) to another entity (limited partnership). 7. Encumbrances: Any claims, liens, mortgages, or restrictions that may affect the property's title and ownership rights. 8. Authority and Right: Denotes that the transferring limited partnership has the legal power and capability to transfer the property, ensuring that the transfer is legitimate and enforceable. Different types or variations of San Antonio Texas Warranty Deed for Limited Partnership to Limited Partnership may include variations in specific clauses or terms based on the circumstances or preferences of the parties involved in the transaction. It is advisable to consult with a qualified real estate attorney or professional to ensure the specific requirements are met and to draft the appropriate warranty deed tailored to the particular limited partnership transfer.
