This form is a General Warranty Deed where the Grantor is an LLC and the Grantee is also a municipal corporation. Grantor conveys and warrants the described property to the Grantee. This deed complies with all state statutory laws.
A Tarrant Texas General Warranty Deed from a Limited Liability Company (LLC) to a Municipal Corporation is a legal document that transfers ownership of real property from an LLC to a local government entity or municipality in Tarrant County, Texas. This type of deed provides a comprehensive guarantee to the municipal corporation that the LLC is the lawful owner of the property and has the full authority to transfer ownership. The Tarrant Texas General Warranty Deed ensures that the municipal corporation receives the title to the property free and clear of any liens, encumbrances, or competing claims. It also protects the municipal corporation from any future legal disputes related to the property's ownership, boundaries, or undisclosed defects. When it comes to different types of Tarrant Texas General Warranty Deeds from an LLC to a Municipal Corporation, there can be variations depending on the specific circumstances of the transaction. These variations may include: 1. Tarrant Texas General Warranty Deed with Special Covenants: In addition to the usual covenants of a general warranty deed, this type of deed may include specific covenants related to the property's condition or specific assurances made by the LLC to the municipal corporation. 2. Tarrant Texas General Warranty Deed with Limited Liability Company's Resolution: This type of deed includes an attached resolution from the LLC's managing members or board of directors, indicating their unanimous approval and authorization to transfer the property to the municipal corporation. This document ensures the transaction is legally valid and binding. 3. Tarrant Texas General Warranty Deed with Ratification of LLC's Operating Agreement: In some cases, an LLC may have an operating agreement that outlines the members' authority to transfer property on the LLC's behalf. This type of deed includes a ratification of the operating agreement by the appropriate LLC members, confirming their consent to the property transfer. 4. Tarrant Texas General Warranty Deed with Statement of Consideration: When there is a financial consideration involved in the transfer, such as the payment of a purchase price, this type of deed includes a statement detailing the amount paid by the municipal corporation to the LLC for the property. In conclusion, a Tarrant Texas General Warranty Deed from a Limited Liability Company to a Municipal Corporation is a legal instrument used to transfer real property ownership from an LLC to a local government entity. It provides the municipal corporation with assurances that the LLC has clear title to the property and protects the municipality from future legal disputes. Various types of deeds may be used in these transactions, depending on the specific circumstances and additional requirements necessary to make the transfer valid and legally binding.A Tarrant Texas General Warranty Deed from a Limited Liability Company (LLC) to a Municipal Corporation is a legal document that transfers ownership of real property from an LLC to a local government entity or municipality in Tarrant County, Texas. This type of deed provides a comprehensive guarantee to the municipal corporation that the LLC is the lawful owner of the property and has the full authority to transfer ownership. The Tarrant Texas General Warranty Deed ensures that the municipal corporation receives the title to the property free and clear of any liens, encumbrances, or competing claims. It also protects the municipal corporation from any future legal disputes related to the property's ownership, boundaries, or undisclosed defects. When it comes to different types of Tarrant Texas General Warranty Deeds from an LLC to a Municipal Corporation, there can be variations depending on the specific circumstances of the transaction. These variations may include: 1. Tarrant Texas General Warranty Deed with Special Covenants: In addition to the usual covenants of a general warranty deed, this type of deed may include specific covenants related to the property's condition or specific assurances made by the LLC to the municipal corporation. 2. Tarrant Texas General Warranty Deed with Limited Liability Company's Resolution: This type of deed includes an attached resolution from the LLC's managing members or board of directors, indicating their unanimous approval and authorization to transfer the property to the municipal corporation. This document ensures the transaction is legally valid and binding. 3. Tarrant Texas General Warranty Deed with Ratification of LLC's Operating Agreement: In some cases, an LLC may have an operating agreement that outlines the members' authority to transfer property on the LLC's behalf. This type of deed includes a ratification of the operating agreement by the appropriate LLC members, confirming their consent to the property transfer. 4. Tarrant Texas General Warranty Deed with Statement of Consideration: When there is a financial consideration involved in the transfer, such as the payment of a purchase price, this type of deed includes a statement detailing the amount paid by the municipal corporation to the LLC for the property. In conclusion, a Tarrant Texas General Warranty Deed from a Limited Liability Company to a Municipal Corporation is a legal instrument used to transfer real property ownership from an LLC to a local government entity. It provides the municipal corporation with assurances that the LLC has clear title to the property and protects the municipality from future legal disputes. Various types of deeds may be used in these transactions, depending on the specific circumstances and additional requirements necessary to make the transfer valid and legally binding.