Collin Texas Warranty Deed for Surface and Mineral Interests is a legal document commonly used in real estate transactions in Collin County, Texas. This deed serves as a guarantee by the seller, known as the granter, that they have full ownership rights to both the surface and mineral interests of the property being conveyed to the buyer, known as the grantee. This type of warranty deed is crucial in assuring the grantee that they are receiving a clear and marketable title to both the surface and mineral rights associated with the property. This means that the granter promises to defend the grantee against any claims or disputes over the ownership or validity of these interests. In Collin County, Texas, there are primarily two types of Collin Texas Warranty Deeds for Surface and Mineral Interests: 1. General Warranty Deed: This type of deed provides the highest level of protection to the grantee. The granter guarantees not only that they have full ownership of the surface and mineral interests but also that there are no other undisclosed claims or encumbrances on the property. 2. Special Warranty Deed: With a special warranty deed, the granter assures the grantee that they have not personally done anything to harm the title to the property during their ownership. This means that the granter only guarantees against title defects or encumbrances that occurred during their ownership, and not those prior to it. When executing a Collin Texas Warranty Deed for Surface and Mineral Interests, certain requirements must be met. These include the inclusion of the granter's name and address, the grantee's name and address, a legal description of the property, and the specific wording indicating the type of warranty being provided. It is crucial for both the granter and grantee to carefully review and fully understand the terms and provisions of the Collin Texas Warranty Deed for Surface and Mineral Interests before signing. Seeking legal advice from a qualified attorney specializing in real estate law is always recommended ensuring a smooth and legally enforceable transaction. In conclusion, a Collin Texas Warranty Deed for Surface and Mineral Interests is a legally binding document used in real estate transactions to convey both the surface and mineral interests of a property. Understanding the different types of warranty deeds available and seeking legal guidance are essential steps in protecting the rights and interests of both parties involved in the transfer of property.
Collin Texas Warranty Deed for Surface and Mineral Interests
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