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Texas Special Warranty Deed for Individuals to a City

Warranty Deed Form

Name: Texas Special Warranty Deed for Individuals to a City
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.57 (215 reviews)

Category:

Texas Real Estate - Deeds - Special Warranty

State:

Texas

Control #:

TX-SDEED-8-7

Format:

Instant download

Description Special Warranty Deed

This form is a Special Warranty Deed where the grantor is an individual and the grantee is a city.

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How to fill out Special Warranty Form?

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Special Warranty Deed Texas Other Form Names

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Tx Deed Form FAQ

A special warranty deed is a deed in which the seller of a piece of property only warrants against problems or encumbrances in the property title that occurred during his ownership.A special warranty deed is more limited than the more common general warranty deed, which covers the entire history of the property.

A warranty deed can be revoked. In most situations, the person signing the deed needs the cooperation of the person who received the deed to revoke it. If the deed was prepared to transfer property between family members or close friends, this might not be a problem.

It will not protect against title issues that arose prior to the time the seller took occupancy. Consequently, it offers less protection to buyers, and more protection to sellers, than a general warranty deed, which is the most common option for selling or buying a property.

This can give you full confidence to buy because you know that should any claims against the property or liens arise, it can hold the seller legally liable.A special warranty deed only serves as a guarantee that there are no problems with the title outstanding from when the current seller owned the property.

A special warranty deed to real estate offers protection to the buyer through the seller's guarantee that the title has been free and clear of encumbrances during their ownership of the property. It does not guarantee clear title beyond their ownership.

Special warranty deeds do not protect against any mistakes in a free-and-clear title that may exist before the seller's ownership. Thus, the grantor of a special warranty deed is only liable for debts, problems, or other encumbrances to the title that they caused or that happened during their ownership of the property.

Special Warranty Deed TX A Special Warranty Deed is a document that transfers title with both express and implied warranties. However, unlike in a General Warranty Deed, the Grantor only warrants the title from the time the Grantor has owned the property.

A special warranty deed is common when a house has been foreclosed on by a bank because the previous owner did not pay their mortgage.The special warranty deed that the bank provides to the new buyer provides no protection for the period of time before the bank took ownership of the property.

Warranty Deed Form

Description Special Warranty Deed

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How to fill out Special Warranty Form?

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Special Deed Form Texas Form Rating

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Special Warranty Deed Texas Other Form Names

Tx Deed Form FAQ

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What may be a reason that a special warranty deed is being issued for this transaction?

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