This form is a Special Warranty Deed where the grantor is an individual and the grantee is an individual.
Lewisville, Texas Special Warranty Deed for Individual to Individual is a legal document used for the transfer of real estate property from one individual to another within the city of Lewisville, Texas. This type of deed provides the grantee (buyer) with limited protection against any defects or encumbrances on the property title that occurred during the ownership of the granter (seller), but not prior to their ownership. It is important for both parties to understand the terms and implications of this deed before proceeding with the transaction. The Lewisville, Texas Special Warranty Deed for Individual to Individual ensures that the granter guarantees to the grantee that they have legal title to the property and have the right to sell it. However, unlike a general warranty deed, a special warranty deed only protects the grantee against any issues that may have arisen during the granter's ownership of the property. It does not provide protection for any potential issues that existed prior to the granter's ownership. There may be different types of Lewisville, Texas Special Warranty Deed for Individual to Individual, including: 1. Residential Special Warranty Deed: This type of special warranty deed specifically pertains to the transfer of residential real estate properties from one individual to another. 2. Commercial Special Warranty Deed: This variation focuses on the transfer of commercial properties, such as office buildings, retail spaces, or industrial properties, between individuals in Lewisville, Texas. 3. Agricultural Special Warranty Deed: In cases where the property being transferred is primarily used for agricultural purposes, such as farmland or ranches, this type of special warranty deed may be utilized. 4. Vacant Land Special Warranty Deed: If the property being transferred is vacant land without any existing structures, this type of special warranty deed can be employed. It is crucial to consult with a qualified real estate attorney or a licensed title company in Lewisville, Texas, before executing a Special Warranty Deed for Individual to Individual. They can provide detailed guidance and assistance throughout the process to ensure both parties are adequately protected and all legal requirements are met.Lewisville, Texas Special Warranty Deed for Individual to Individual is a legal document used for the transfer of real estate property from one individual to another within the city of Lewisville, Texas. This type of deed provides the grantee (buyer) with limited protection against any defects or encumbrances on the property title that occurred during the ownership of the granter (seller), but not prior to their ownership. It is important for both parties to understand the terms and implications of this deed before proceeding with the transaction. The Lewisville, Texas Special Warranty Deed for Individual to Individual ensures that the granter guarantees to the grantee that they have legal title to the property and have the right to sell it. However, unlike a general warranty deed, a special warranty deed only protects the grantee against any issues that may have arisen during the granter's ownership of the property. It does not provide protection for any potential issues that existed prior to the granter's ownership. There may be different types of Lewisville, Texas Special Warranty Deed for Individual to Individual, including: 1. Residential Special Warranty Deed: This type of special warranty deed specifically pertains to the transfer of residential real estate properties from one individual to another. 2. Commercial Special Warranty Deed: This variation focuses on the transfer of commercial properties, such as office buildings, retail spaces, or industrial properties, between individuals in Lewisville, Texas. 3. Agricultural Special Warranty Deed: In cases where the property being transferred is primarily used for agricultural purposes, such as farmland or ranches, this type of special warranty deed may be utilized. 4. Vacant Land Special Warranty Deed: If the property being transferred is vacant land without any existing structures, this type of special warranty deed can be employed. It is crucial to consult with a qualified real estate attorney or a licensed title company in Lewisville, Texas, before executing a Special Warranty Deed for Individual to Individual. They can provide detailed guidance and assistance throughout the process to ensure both parties are adequately protected and all legal requirements are met.