This form is a Special Warranty Deed where the grantor is an individual and the grantee is an individual.
Dallas Texas Special Warranty Deed for Individual to Individual is a legal document used in the state of Texas to transfer real property ownership from one individual to another. It provides a limited warranty of title, guaranteeing that the granter (seller) held legal title to the property during their ownership, and will defend against any claims made during their ownership. This type of deed is typically used in private transactions between individuals, such as when a homeowner sells their property to another individual directly without involving a real estate agent. Unlike a general warranty deed, which provides a broader guarantee of title, a special warranty deed only protects against claims made during the granter's ownership. The Dallas County government offers various versions of the Special Warranty Deed for Individual to Individual, tailored to specific circumstances. Some common types include: 1. Special Warranty Deed with Full Covenants — This version provides the most substantial protection to the buyer, as it includes specific covenants or warranties. These warranties typically include assurances that the granter has good and marketable title to the property, that it is free from any encumbrances or liens, and that they will defend the buyer against any claims arising from prior ownership. 2. Special Warranty Deed without Covenants — This version offers a more limited warranty. The granter only guarantees that they haven't personally done anything to encumber the property during their ownership, but they do not provide any assurances about previous ownership or potential liens. 3. Special Warranty Deed in Lieu of Foreclosure — In cases where a property is being transferred due to a foreclosure, this version of the deed is used. It allows the granter (usually a mortgage lender) to transfer the property to an individual without going through a foreclosure sale. It is important to consult with a qualified real estate attorney to determine the most appropriate type of Special Warranty Deed for Individual to Individual in the context of a specific transaction. This ensures that the parties involved understand their rights and obligations before completing the transfer of property ownership.Dallas Texas Special Warranty Deed for Individual to Individual is a legal document used in the state of Texas to transfer real property ownership from one individual to another. It provides a limited warranty of title, guaranteeing that the granter (seller) held legal title to the property during their ownership, and will defend against any claims made during their ownership. This type of deed is typically used in private transactions between individuals, such as when a homeowner sells their property to another individual directly without involving a real estate agent. Unlike a general warranty deed, which provides a broader guarantee of title, a special warranty deed only protects against claims made during the granter's ownership. The Dallas County government offers various versions of the Special Warranty Deed for Individual to Individual, tailored to specific circumstances. Some common types include: 1. Special Warranty Deed with Full Covenants — This version provides the most substantial protection to the buyer, as it includes specific covenants or warranties. These warranties typically include assurances that the granter has good and marketable title to the property, that it is free from any encumbrances or liens, and that they will defend the buyer against any claims arising from prior ownership. 2. Special Warranty Deed without Covenants — This version offers a more limited warranty. The granter only guarantees that they haven't personally done anything to encumber the property during their ownership, but they do not provide any assurances about previous ownership or potential liens. 3. Special Warranty Deed in Lieu of Foreclosure — In cases where a property is being transferred due to a foreclosure, this version of the deed is used. It allows the granter (usually a mortgage lender) to transfer the property to an individual without going through a foreclosure sale. It is important to consult with a qualified real estate attorney to determine the most appropriate type of Special Warranty Deed for Individual to Individual in the context of a specific transaction. This ensures that the parties involved understand their rights and obligations before completing the transfer of property ownership.
