Grantor Grantee Statement Fort Worth

State:
Multi-State
Control #:
US-00487BG
Format:
Word; 
Rich Text
Instant download

Description

The Grantor Grantee Statement Fort Worth is a legal document that serves to verify the identities of the grantor and grantee involved in a real property transaction. This affidavit is crucial for affirming the relationship between the parties named in a warranty deed, thereby ensuring legal clarity in property transfers. The form contains sections where the affiant, typically a knowledgeable party regarding the transaction, attests to their relationship with both the grantor and grantee, including specific details about the property involved. It explicitly details how the property was conveyed, including dates and recorder's office information. To complete the form, users should fill in all necessary blank fields accurately, ensuring that the notary public's signature is obtained to validate the statement. This form is particularly useful for attorneys, paralegals, and legal assistants who are involved in property transactions, as it clarifies the identity of parties involved and mitigates potential disputes over property ownership. The form can also assist owners and partners in confirming their rights during real estate dealings, aiding in smooth transaction processes. Overall, the Grantor Grantee Statement is essential for maintaining transparency and legality in the transfer of property ownership.
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  • Preview Affidavit Regarding the Identity of a Grantor and Grantee of Real Property
  • Preview Affidavit Regarding the Identity of a Grantor and Grantee of Real Property

How to fill out Affidavit Regarding The Identity Of A Grantor And Grantee Of Real Property?

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FAQ

A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.

You cannot use an oral agreement to transfer real estate. The grantor must sign the deed in front of a notary or two credible witnesses. A grantor can only transfer their own rights to property. That means if more than one person owns the property, each owner must sign.

In Texas, there is a presumption that all property acquired during the marriage is community property unless proven otherwise. This means that even if your name is not on a deed, the property may still be considered community property by default.

The County Clerk only requires an Affidavit of Death to make the transfer effective. You do not need additional proof of death to take ownership. However, you must give the title company a death certificate, obituary, or other acceptable document if you want to sell the property or use it as collateral.

In Texas, you record your deed with the County Clerk in the county where the property exists. If the property is in more than one county, record it in each. It is important to record your deed. In Texas, the property is legally transferred when the grantee accepts the signed deed.

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Grantor Grantee Statement Fort Worth