This form is a General Warranty Deed where the grantors are two individuals and the grantees are husband and wife.
Austin Texas General Warranty Deed for Two Individuals to Husband and Wife with Vendor's Lien
Category:
State:
Texas
City:
Austin
Control #:
TX-SDEED-8-24
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Texas General Warranty Deed For Two Individuals To Husband And Wife With Vendor's Lien?
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FAQ
In Texas when a vendor sells property and there is unpaid purchase price, a vendor's lien arises against the property to secure the payment of the unpaid purchase price. An express ven- dor's lien can be reserved in the deed and/or in the real estate lien note.
The statutes of limitation for collecting (or foreclosing) on both the vendor's lien and deed of trust is four years in Texas. If no legal action has been filed for collection on the liens for four years after the liens ma- ture, there is indication the liens have been paid.
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.
An unpaid seller's lien gives the supplier a charge against the goods he supplied. This means that the supplier has certain legal rights against the things he delivered to the site, be it a single box of bolts or a massive pressure vessel.
A Warranty Deed With Vendor's Lien contains the Seller's guarantees of a warranty deed but with a lien. This deed is part of a seller finance package of documents. It is a transfer of real estate property where a lien for the unpaid purchase price in favor of the Seller is retained.
A Warranty Deed With Vendor's Lien contains the Seller's guarantees of a warranty deed but with a lien. This deed is part of a seller finance package of documents. It is a transfer of real estate property where a lien for the unpaid purchase price in favor of the Seller is retained.
A vendor's lien deed is also called a warranty deed with a vendor's lien. It goes by a few different terms. Each term combines two functions: that of a warranty deed and that of a vendor's lien.
Your deed will be prepared by a Texas licensed attorney in about an hour. This fee does not include the county recording fee. The county recording fee is approximately $15 to $40, depending on the county the property is located in.
How do I add my spouse to the deed? In Texas, you can't add your spouse's name to an existing deed, but you can create a new deed by transferring the property from yourself to you and your spouse jointly. You can do this by using either a deed without warranty or a quit claim deed.
General Warranty Deed prepared for $195.
