Texas special warranty deed 2025

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A special warranty deed is a type of real estate deed used to transfer property ownership from one person to another. By using this particular deed, the seller is guaranteeing to the buyer that there are no defects or problems with the property title during the time that they owned the property.
To summarize, a Special Warranty Deed states that there were no claims against the property title during the time when the seller or grantor owned it. On the other hand, a General Warranty Deed states that there were no title defects at any point in time.
When a buyer purchases property under a special warranty deed, there is the possibility that a prior creditor or owner could make a claim against the property. The best way to protect yourself as a buyer is to buy title insurance when you purchase the property.
In real estate transactions, the type of deed used to transfer ownership affects both buyers and sellers. In Texas, a Special Warranty Deed is a common option, especially in commercial and foreclosure sales.
The main difference between these deeds is that general warranty deeds apply to the entire history of a piece of land while special warranty deeds only cover the period of time that the previous owner (the grantor) has held the land. As such, special warranty deeds offer fewer protections to a grantee.
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Special Warranty Deeds are commonly used when property owners are divorcing or are divorced. Since the parties both own the property, it is acceptable to use a Special Warranty Deed when one owner transfers his or her interest in the property to the other owner.
A special warranty deed guarantees that the grantor owns and can sell the property.
The main disadvantages include limited protection for buyers, who may inherit claims or issues from before the sellers ownership. Buyers must investigate the propertys history, which could lead to unexpected costs or unresolved liens.

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