This form is a Special Warranty Deed where the grantor is an individual and the grantee is a city.
A Wichita Falls Texas Special Warranty Deed for Individuals to a City is a legal document used in real estate transactions to transfer ownership of a property from an individual or individuals to a city. It guarantees that the individual(s) transferring the property have the legal right to do so and protects the city from any claims or issues that may arise from past ownership. This type of deed is commonly used when individuals wish to donate or sell property to the city for public use, such as for the development of parks, schools, or government buildings. It provides assurance to the city that the property being transferred is free from any encumbrances or defects, except for any specifically mentioned in the deed. There are different variations of the Wichita Falls Texas Special Warranty Deed for Individuals to a City, depending on the specific circumstances of the transaction. Some common types include: 1. Cash Sale Deed: This type of special warranty deed is used when the individual(s) transferring the property receive cash payment from the city in exchange for the property. 2. Donation Deed: When individuals wish to donate their property to the city without any monetary compensation, a donation deed is utilized. This deed signifies a voluntary transfer of ownership to the city. 3. Public Purpose Deed: This type of special warranty deed is specifically used when the property is being transferred to the city for a public purpose, such as the construction of a public school or hospital. 4. Easement Deed: In certain cases, an individual may transfer only a limited interest in the property, such as granting an easement to the city for the construction of utility lines or public access roads. An easement deed outlines the specific terms and conditions of the easement granted. It is essential to consult with a real estate attorney or an experienced title company when preparing and executing a Wichita Falls Texas Special Warranty Deed for Individuals to a City. They can ensure that all legal requirements and obligations are met, protecting the interests of both the individual(s) transferring the property and the city receiving it.A Wichita Falls Texas Special Warranty Deed for Individuals to a City is a legal document used in real estate transactions to transfer ownership of a property from an individual or individuals to a city. It guarantees that the individual(s) transferring the property have the legal right to do so and protects the city from any claims or issues that may arise from past ownership. This type of deed is commonly used when individuals wish to donate or sell property to the city for public use, such as for the development of parks, schools, or government buildings. It provides assurance to the city that the property being transferred is free from any encumbrances or defects, except for any specifically mentioned in the deed. There are different variations of the Wichita Falls Texas Special Warranty Deed for Individuals to a City, depending on the specific circumstances of the transaction. Some common types include: 1. Cash Sale Deed: This type of special warranty deed is used when the individual(s) transferring the property receive cash payment from the city in exchange for the property. 2. Donation Deed: When individuals wish to donate their property to the city without any monetary compensation, a donation deed is utilized. This deed signifies a voluntary transfer of ownership to the city. 3. Public Purpose Deed: This type of special warranty deed is specifically used when the property is being transferred to the city for a public purpose, such as the construction of a public school or hospital. 4. Easement Deed: In certain cases, an individual may transfer only a limited interest in the property, such as granting an easement to the city for the construction of utility lines or public access roads. An easement deed outlines the specific terms and conditions of the easement granted. It is essential to consult with a real estate attorney or an experienced title company when preparing and executing a Wichita Falls Texas Special Warranty Deed for Individuals to a City. They can ensure that all legal requirements and obligations are met, protecting the interests of both the individual(s) transferring the property and the city receiving it.
