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The document is a General Warranty Deed prepared by U.S. Legal Forms, Inc. for the State of Texas, facilitating the transfer of property from an individual (Grantor) to three individuals (Grantees) as joint tenants with the right of survivorship. It includes instructions for completing the form, a disclaimer regarding legal advice, and details about the property being conveyed. The deed outlines the rights and responsibilities of both parties and includes provisions for notarization.

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What does a general home warranty cover?

Home insurance covers damage to a houses structure, protects your belongings in case of theft or loss and can cover the expense if someone gets injured on your property. A home warranty covers the replacement or repair of indoor appliances and systems due to normal wear and tear or manufacturing defects.

How to complete a general warranty deed?

A general warranty deed must include the following to be valid: The name and address of the seller (called the grantor) The name and address of the buyer (called the grantee) A legal description of the property (found on the previous deed) A statement that the grantor is transferring the property to the grantee.

What is the warranty clause in a deed?

The Warranty of Title clause ensures that the seller guarantees they have the legal right to transfer ownership of the goods being sold and that the title is free from any encumbrances, liens, or other claims. This clause protects the buyer from any third-party claims on the title that may arise after the purchase.

What are the promises of the general warranty deed?

The seller promises that he/she owns the property and has the legal right to sell it. He/she also warrants that the title is free of any liens and encumbrances, except those that may be specifically noted in the deed, and guarantees that the title is superior to any other title that may exist on the property.

What is the most common type of warranty deed?

A general warranty deed is the most common type of deed used for transferring real estate. It basically promises that: not only does the seller have good and proper title to sell the property, but all the prior owners also had good title, thus making a complete chain of ownership; and.

What are the six warranties in a general warranty deed?

A general warranty deed and its six covenants listed aboveCovenant of Seisin, Covenant of Right to Convey, Covenant Against Encumbrances, Covenant of Quiet Enjoyment, Covenant of Warranty, Covenant of Further Assurancesis the strongest type of warranty and offers buyers the greatest assurance that no title defects

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