This form is a General Warranty Deed where the Grantors are three individuals and the Grantee is a limited liability company. Grantors convey and generally warrant the described property to the Grantee. This deed complies with all state statutory laws.
A Round Rock Texas General Warranty Deed is a legal document used to transfer ownership of real property from three individuals to a Limited Liability Company (LLC) in Round Rock, Texas. This type of deed provides a guarantee that the property is being conveyed without any liens or encumbrances, and the granters assure that they have legal right to sell the property. In Round Rock, there may be several variations of General Warranty Deeds involving three individuals selling property to an LLC. Some specific types include: 1. Round Rock Texas General Warranty Deed — Joint Tenancy to LLC: This deed is used when three individuals hold the property under joint tenancy and collectively sell it to an LLC. The LLC becomes the new owner of the property and assumes all rights and obligations. 2. Round Rock Texas General Warranty Deed — Tenants in Common to LLC: When three individuals own the property as tenants in common, they can transfer their respective interests in the property to an LLC using this type of deed. The LLC becomes a co-owner of the property alongside the remaining tenants in common. 3. Round Rock Texas General Warranty Deed — Partitioned Property to LLC: If the property is owned jointly by the three individuals but has been partitioned, meaning each individual owns a specific portion, they can transfer their respective portions to an LLC using this deed. The LLC becomes the new owner of the entire property, including the portion belonging to each individual. In any of these variants, the Round Rock Texas General Warranty Deed protects the buyer (LLC) by guaranteeing that the sellers (three individuals) will defend against any claims on the property, guaranteeing the property's title. It is crucial to consult with a licensed attorney or seek professional advice to ensure the legality and accuracy of the deed drafting and execution process.A Round Rock Texas General Warranty Deed is a legal document used to transfer ownership of real property from three individuals to a Limited Liability Company (LLC) in Round Rock, Texas. This type of deed provides a guarantee that the property is being conveyed without any liens or encumbrances, and the granters assure that they have legal right to sell the property. In Round Rock, there may be several variations of General Warranty Deeds involving three individuals selling property to an LLC. Some specific types include: 1. Round Rock Texas General Warranty Deed — Joint Tenancy to LLC: This deed is used when three individuals hold the property under joint tenancy and collectively sell it to an LLC. The LLC becomes the new owner of the property and assumes all rights and obligations. 2. Round Rock Texas General Warranty Deed — Tenants in Common to LLC: When three individuals own the property as tenants in common, they can transfer their respective interests in the property to an LLC using this type of deed. The LLC becomes a co-owner of the property alongside the remaining tenants in common. 3. Round Rock Texas General Warranty Deed — Partitioned Property to LLC: If the property is owned jointly by the three individuals but has been partitioned, meaning each individual owns a specific portion, they can transfer their respective portions to an LLC using this deed. The LLC becomes the new owner of the entire property, including the portion belonging to each individual. In any of these variants, the Round Rock Texas General Warranty Deed protects the buyer (LLC) by guaranteeing that the sellers (three individuals) will defend against any claims on the property, guaranteeing the property's title. It is crucial to consult with a licensed attorney or seek professional advice to ensure the legality and accuracy of the deed drafting and execution process.
