This form is a Special Warranty Deed where the grantor is an individual and the grantee is an individual.
A Houston Texas Special Warranty Deed for Individual to Individual is a legal document used in real estate transactions that facilitates the transfer of property ownership from one individual to another. This type of deed provides a limited warranty of title, meaning the seller guarantees the property title against any defects or claims that may have arisen during their ownership. The Special Warranty Deed is specific to Houston, Texas, and ensures that the seller will defend the buyer's title against any claims that arise from the seller's actions or inaction during their period of ownership. This deed assures the buyer that the property was not encumbered or subjected to any undisclosed claims that may affect its ownership. There are various types of Special Warranty Deeds for Individual to Individual transactions in Houston, Texas. Some common ones include: 1. Special Warranty Deed with Covenants. This type of deed includes additional specific promises or covenants made by the seller regarding the property. These covenants may include guarantees against encumbrances, such as liens or easements, or assurances that the property is free from environmental issues or zoning violations. 2. Special Warranty Deed with General Warranty Provision. This type of deed combines both the limited warranty of title and a general warranty provision. In addition to the limited warranty, the seller also guarantees the buyer against any claims that arose prior to the seller's period of ownership. 3. Special Warranty Deed for Transfer of Partial Interest. This type of deed is used when an individual wishes to transfer only a portion of their ownership interest in a property to another individual. It contains provisions outlining the specific percentage or fraction of the property being transferred and any rights or obligations associated with that partial interest. 4. Special Warranty Deed for Transfer of Mineral Rights. In cases where only the mineral rights are being transferred, this specialized form of deed is used. It specifies the transfer of mineral rights from the seller to the buyer while maintaining ownership of the surface rights. In all cases, a Houston Texas Special Warranty Deed for Individual to Individual should include the legal description of the property, the names of the buyer and seller, the consideration or purchase price, and signatures of both parties. It is highly recommended consulting with a qualified real estate attorney or title company to ensure the deed is properly prepared and executed according to Texas state laws and regulations.
