Collin Texas Granting Clause

• Category: Oil Gas and Minerals - Assignments
• State: Multi-State
• County: Collin
• Control #: US-OG-498
• Format: Word; Rich Text

Description

The Granting Clause form, the the receipt and sufficiency of which is acknowledged, assignor grants, assigns, and conveys, without warranty of title, either express, implied or statutory, to assignee. The Collin Texas Granting Clause is an important legal provision that appears in various types of legal documents, particularly in property transfers, deeds, and contracts in Collin County, Texas. This clause serves to convey or transfer rights, titles, and interests in a particular property from one party (the granter) to another party (the grantee). It is essential in defining and establishing ownership and possession rights. Keywords: Collin Texas, Granting Clause, property transfers, deeds, contracts, convey, transfer, rights, titles, interests, ownership, possession rights. Types of Collin Texas Granting Clauses: 1. Warranty Granting Clause: This type of granting clause assures the grantee that the granter has full ownership rights over the property being transferred. It guarantees that the granter has the power to transfer the mentioned rights to the grantee and that the property is free from any undisclosed claims or encumbrances. 2. Quitclaim Granting Clause: The quitclaim granting clause is used when the granter does not provide any warranty or guarantee of ownership. In this case, the granter transfers whatever rights or interests they may have in the property, without guaranteeing the validity of those rights. 3. Special Warranty Granting Clause: Unlike the warranty granting clause, the special warranty granting clause offers a limited warranty to the grantee. It guarantees that the granter has not done anything to jeopardize the grantee's possession or ownership of the property during the time the granter owned it. 4. General Granting Clause: The general granting clause is a broad and comprehensive provision that conveys all rights, titles, and interests of the property from the granter to the grantee. It encompasses any potential interests held by the granter, ensuring a complete transfer of ownership. 5. Reservation Granting Clause: This type of granting clause is used when the granter wishes to retain certain rights or interests in the property being transferred. It delineates specific aspects, such as mineral rights, easements, or restrictive covenants, which the granter intends to reserve for themselves. Overall, the Collin Texas Granting Clause is a crucial element in property transactions, providing legal certainty, defining ownership rights, and facilitating the smooth transfer of properties.

The Collin Texas Granting Clause is an important legal provision that appears in various types of legal documents, particularly in property transfers, deeds, and contracts in Collin County, Texas. This clause serves to convey or transfer rights, titles, and interests in a particular property from one party (the granter) to another party (the grantee). It is essential in defining and establishing ownership and possession rights. Keywords: Collin Texas, Granting Clause, property transfers, deeds, contracts, convey, transfer, rights, titles, interests, ownership, possession rights. Types of Collin Texas Granting Clauses: 1. Warranty Granting Clause: This type of granting clause assures the grantee that the granter has full ownership rights over the property being transferred. It guarantees that the granter has the power to transfer the mentioned rights to the grantee and that the property is free from any undisclosed claims or encumbrances. 2. Quitclaim Granting Clause: The quitclaim granting clause is used when the granter does not provide any warranty or guarantee of ownership. In this case, the granter transfers whatever rights or interests they may have in the property, without guaranteeing the validity of those rights. 3. Special Warranty Granting Clause: Unlike the warranty granting clause, the special warranty granting clause offers a limited warranty to the grantee. It guarantees that the granter has not done anything to jeopardize the grantee's possession or ownership of the property during the time the granter owned it. 4. General Granting Clause: The general granting clause is a broad and comprehensive provision that conveys all rights, titles, and interests of the property from the granter to the grantee. It encompasses any potential interests held by the granter, ensuring a complete transfer of ownership. 5. Reservation Granting Clause: This type of granting clause is used when the granter wishes to retain certain rights or interests in the property being transferred. It delineates specific aspects, such as mineral rights, easements, or restrictive covenants, which the granter intends to reserve for themselves. Overall, the Collin Texas Granting Clause is a crucial element in property transactions, providing legal certainty, defining ownership rights, and facilitating the smooth transfer of properties.