This form is a Special Warranty Deed where the grantor is an individual and the grantee is an individual.
A Special Warranty Deed in Austin, Texas, for an individual to individual transfer is a legally binding document that serves as evidence of the transfer of ownership of real estate from one individual to another in the city of Austin, Texas. This type of deed provides certain warranties and protections to the grantee (buyer) against any defects in title only during the seller's ownership period. The Special Warranty Deed guarantees that the granter (seller) has the legal right to sell the property and that the property is free from any liens or encumbrances incurred by the granter during their ownership period. However, it does not provide protection against any defects that may have existed before the granter acquired the property. There are different variations of the Special Warranty Deed in the city of Austin, Texas, depending on specific circumstances and requirements. Some of these variations include: 1. Special Warranty Deed with General Covenants: This type of special warranty deed includes additional general covenants of title in addition to the special warranty. These covenants may provide further protection to the grantee, ensuring that the granter will defend the title against all lawful claims. 2. Special Warranty Deed with Specific Covenants: This type of special warranty deed includes specific covenants that address specific issues or concerns raised by the grantee or required by law. These covenants may relate to the condition of the property, restrictions on its use, or compliance with applicable laws or regulations. 3. Special Warranty Deed with Quitclaim: In some cases, a special warranty deed may also include a quitclaim provision. A quitclaim allows the granter to transfer any interest they may have in the property, without guaranteeing or warranting anything about the title. This type of deed is typically used when there is uncertainty or a cloud on the title. When executing a Special Warranty Deed in Austin, Texas, it is crucial to ensure that all necessary legal requirements are met. This includes having the deed properly prepared, signed by both parties, and notarized. It is also advisable to have the deed recorded with the appropriate county office to provide notice to the public and protect the grantee's interest in the property. Overall, a Special Warranty Deed for an individual to individual transfer in Austin, Texas, provides limited but significant warranties and protections to the grantee, ensuring that they are receiving a clear and marketable title to the property.
