This form is a Special Warranty Deed where the grantor is an individual and the grantee is a city.
A special warranty deed is a type of legal document used in Lewisville, Texas, to transfer ownership of a property from an individual to the city. This particular type of deed provides limited protections to the buyer, as it guarantees that the seller (individual) has not incurred any legal troubles or encumbrances during their ownership of the property. However, it does not provide a guarantee against any issues that may have arisen prior to the seller's ownership. In Lewisville, Texas, there are various types of special warranty deeds that can be used to transfer property ownership to the city, including: 1. General Special Warranty Deed: This is the most common type of special warranty deed used in Lewisville, Texas. It specifies that the seller (individual) has owned the property and will defend against any claims arising during their ownership. However, it does not provide any guarantees against issues that may have existed prior to their ownership. 2. Special Warranty Deed with Covenants: This type of deed includes additional covenants, or promises, made by the seller related to the property. These covenants may include guarantees that the property is free from liens or encumbrances, or that the seller has not taken any actions that would harm the buyer's future ownership rights. 3. Special Warranty Deed for Land: This type of special warranty deed is specifically used for the transfer of land ownership from an individual to the city. It may include specific clauses regarding mineral rights, easements, or other attributes unique to land. 4. Special Warranty Deed for Residential Properties: In cases where an individual sells a residential property to the city, a specialized special warranty deed may be used. This type of deed may include clauses related to homeowner's associations, common amenities, or other residential-specific considerations. It is important to consult with a qualified real estate attorney or a title company to determine the most appropriate type of special warranty deed for an individual to transfer property ownership to the city in Lewisville, Texas. The specific circumstances of the property and the transaction will play a significant role in determining the type of deed that should be used.A special warranty deed is a type of legal document used in Lewisville, Texas, to transfer ownership of a property from an individual to the city. This particular type of deed provides limited protections to the buyer, as it guarantees that the seller (individual) has not incurred any legal troubles or encumbrances during their ownership of the property. However, it does not provide a guarantee against any issues that may have arisen prior to the seller's ownership. In Lewisville, Texas, there are various types of special warranty deeds that can be used to transfer property ownership to the city, including: 1. General Special Warranty Deed: This is the most common type of special warranty deed used in Lewisville, Texas. It specifies that the seller (individual) has owned the property and will defend against any claims arising during their ownership. However, it does not provide any guarantees against issues that may have existed prior to their ownership. 2. Special Warranty Deed with Covenants: This type of deed includes additional covenants, or promises, made by the seller related to the property. These covenants may include guarantees that the property is free from liens or encumbrances, or that the seller has not taken any actions that would harm the buyer's future ownership rights. 3. Special Warranty Deed for Land: This type of special warranty deed is specifically used for the transfer of land ownership from an individual to the city. It may include specific clauses regarding mineral rights, easements, or other attributes unique to land. 4. Special Warranty Deed for Residential Properties: In cases where an individual sells a residential property to the city, a specialized special warranty deed may be used. This type of deed may include clauses related to homeowner's associations, common amenities, or other residential-specific considerations. It is important to consult with a qualified real estate attorney or a title company to determine the most appropriate type of special warranty deed for an individual to transfer property ownership to the city in Lewisville, Texas. The specific circumstances of the property and the transaction will play a significant role in determining the type of deed that should be used.
