Texas Deed Document Without Warranty

State:
Texas
Control #:
TX-020-77
Format:
Word; 
Rich Text
Instant download

Description

The Texas deed document without warranty is a legal instrument that facilitates the transfer of real property from one individual (the Grantor) to another (the Grantee) without providing any guarantees or warranties regarding the title. This form is particularly useful for transferring property as a gift, often reflecting a personal relationship between the parties involved. Users should fill out specific sections that require the names and addresses of both Grantor and Grantee, a description of the property, and details of previous ownership records. It's essential to ensure that the document includes a formal acknowledgment by a notary public to validate the transfer. This form is especially relevant for attorneys, paralegals, and legal assistants when drafting legal documents for clients who wish to transfer property to family members or friends without financial consideration. Partners and owners may also find it beneficial for estate planning purposes or to simplify property transfers in familial situations. Proper understanding and completion of the form can help avoid disputes concerning property rights in the future.
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  • Preview Texas Gift Deed for Individual to Individual

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FAQ

Texas deeds without warranty It conveys title to the buyer, but there's no warranty against any defects in the title. Thus, a buyer can't sue a seller who used a deed without warranty for any defect in title that appears later on.

Quitclaim deeds do not contain any implied warranties or covenants. Under a quitclaim deed, the grantor simply transfers its whole interest in the described real estate, but makes no covenant or representation that the grantor in fact has any interest in the subject property.

As a property owner and grantor, you can obtain a warranty deed for the transfer of real estate through a local realtor's office, or with an online search for a template. To make the form legally binding, you must sign it in front of a notary public.

The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property?if any. No warranties or promises regarding the quality of the title are made.

In order for a deed to be effective it must be signed and acknowledged before a notary by the seller. The buyer is not required to sign, but if the deed includes language about specific agreements between the buyer and seller, then it is advisable to include the buyer's signature.

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Texas Deed Document Without Warranty