Arlington Texas Enhanced Life Estate or Lady Bird Quitclaim Deed - Individual to Individual

State:
Texas
Control #:
TX-01-82
Format:
Word; 
Rich Text
Instant download

Description

This form is a Quitclaim Deed with a retained Enhanced Life Estate where the Grantor is an individual and the Grantee is an individual. It is also known as a "Lady Bird" Deed. Grantor conveys the property to Grantee subject to an enhanced retained life estate. The Grantor retains the right to sell, encumber, mortgage or otherwise impair the interest Grantee might receive in the future, without joinder or notice to Grantee, with the exception of the right to transfer the property by will. This deed complies with all state statutory laws.

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Arlington Texas Enhanced Life Estate or Lady Bird Quitclaim Deed - Individual to Individual