What Is A Special Warranty Deed

State:
Texas
City:
Pearland
Control #:
TX-SDEED-8-7
Format:
Word; 
Rich Text
Instant download

Description

This form is a Special Warranty Deed where the grantor is an individual and the grantee is a city.

Title: Understanding the Pearland Texas Special Warranty Deed for Individuals to a City Introduction: In Pearland, Texas, a special warranty deed holds significance when transferring property ownership from individuals to the city. This legal document ensures a smooth and documented process, safeguarding the interests of both parties involved. In this article, we will provide a detailed description of what a special warranty deed entails, its purpose, and any relevant variations within Pearland, Texas. Pearland Texas Special Warranty Deed for Individuals to a City: The Pearland Texas Special Warranty Deed for Individuals to a City is a legal instrument used to transfer ownership of real estate or property from an individual or group of individuals to the city. This deed ensures that the transferring party, known as the granter(s), will defend the title against any defects, encumbrances, or claims made during their period of ownership. Key Features and Contents: 1. The Granter(s): The individual(s) relinquishing their property rights in favor of the city are referred to as the granter(s). 2. The Grantee: The city of Pearland is recognized as the grantee, with legal authority to acquire the property. 3. Property Description: The special warranty deed must explicitly describe the property being transferred. The description should be accurate, including boundary details, plot number, or any other information that precisely identifies the property in question. 4. Exceptions and Reservations: The granter(s) may include specific exceptions to the warranty, such as existing rights, easements, or encumbrances, which will not be protected by the warranty. 5. Consideration: Special warranty deeds often require a consideration, which represents the value exchanged between parties involved. It may be in the form of money, services, or other agreed-upon assets. Types of Pearland Texas Special Warranty Deed for Individuals to a City: 1. General Special Warranty Deed: This is the standard form of special warranty deed used in Pearland, Texas, which protects against defects arising only during the tenure of the granter(s), ensuring no issues originated prior to their ownership. 2. Statutory Special Warranty Deed: This type of special warranty deed adheres to the statutory requirements established by the state of Texas. It ensures the granter(s) will defend the title against any claims or encumbrances arising during their ownership, except those explicitly mentioned within the deed. 3. Limited Special Warranty Deed: A limited special warranty deed restricts the granter(s) from guaranteeing the title against defects arising from any previous ownership other than the granter(s) themselves. It shields against claims and encumbrances that occurred before the current granter(s) acquired the property. Conclusion: The Pearland Texas Special Warranty Deed for Individuals to a City facilitates the legal transfer of property ownership from individuals to the city, protecting against defects and encumbrances. Understanding the specific details within this deed is crucial for both granter(s) and the city of Pearland. By employing a special warranty deed, individuals can ensure a secure and well-documented transfer of property rights.

Title: Understanding the Pearland Texas Special Warranty Deed for Individuals to a City Introduction: In Pearland, Texas, a special warranty deed holds significance when transferring property ownership from individuals to the city. This legal document ensures a smooth and documented process, safeguarding the interests of both parties involved. In this article, we will provide a detailed description of what a special warranty deed entails, its purpose, and any relevant variations within Pearland, Texas. Pearland Texas Special Warranty Deed for Individuals to a City: The Pearland Texas Special Warranty Deed for Individuals to a City is a legal instrument used to transfer ownership of real estate or property from an individual or group of individuals to the city. This deed ensures that the transferring party, known as the granter(s), will defend the title against any defects, encumbrances, or claims made during their period of ownership. Key Features and Contents: 1. The Granter(s): The individual(s) relinquishing their property rights in favor of the city are referred to as the granter(s). 2. The Grantee: The city of Pearland is recognized as the grantee, with legal authority to acquire the property. 3. Property Description: The special warranty deed must explicitly describe the property being transferred. The description should be accurate, including boundary details, plot number, or any other information that precisely identifies the property in question. 4. Exceptions and Reservations: The granter(s) may include specific exceptions to the warranty, such as existing rights, easements, or encumbrances, which will not be protected by the warranty. 5. Consideration: Special warranty deeds often require a consideration, which represents the value exchanged between parties involved. It may be in the form of money, services, or other agreed-upon assets. Types of Pearland Texas Special Warranty Deed for Individuals to a City: 1. General Special Warranty Deed: This is the standard form of special warranty deed used in Pearland, Texas, which protects against defects arising only during the tenure of the granter(s), ensuring no issues originated prior to their ownership. 2. Statutory Special Warranty Deed: This type of special warranty deed adheres to the statutory requirements established by the state of Texas. It ensures the granter(s) will defend the title against any claims or encumbrances arising during their ownership, except those explicitly mentioned within the deed. 3. Limited Special Warranty Deed: A limited special warranty deed restricts the granter(s) from guaranteeing the title against defects arising from any previous ownership other than the granter(s) themselves. It shields against claims and encumbrances that occurred before the current granter(s) acquired the property. Conclusion: The Pearland Texas Special Warranty Deed for Individuals to a City facilitates the legal transfer of property ownership from individuals to the city, protecting against defects and encumbrances. Understanding the specific details within this deed is crucial for both granter(s) and the city of Pearland. By employing a special warranty deed, individuals can ensure a secure and well-documented transfer of property rights.

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What Is A Special Warranty Deed