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The document is a Warranty Deed prepared by U.S. Legal Forms, Inc. for the State of Texas, facilitating the transfer of property from three individuals to one individual while reserving life estates for the grantors. It includes instructions for completing the form, a disclaimer regarding legal advice, and sections for property description and acknowledgment by notaries.

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How much does a warranty deed cost?

A warranty deed costs around $500, which involves expenses associated with a document that transfers property ownership from a seller to a buyer in the US. This cost involves costs for preparing, drafting, notarizing, and recording the warranty deed as well as other related legal and administrative fees.

How do I make 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 difference between a statutory warranty deed and a special warranty deed?

The key distinctions include: Interest transferred A quitclaim deed conveys only the grantors current ownership share, which may be incomplete. A warranty deed transfers the property in its entirety. Warranties and protection Quitclaim deeds provide zero warranties or protection for the grantee.

What are the different types of warranty deeds?

Its also important to point out that there are three types of warranty deeds that offer different levels of protection to the buyer and risk to the seller. These types of deeds are general warranty deeds, statutory warranty deeds and special warranty deeds.

What are the two types of warranty deeds?

There are two main types of Warranty Deeds General Warranty Deeds and Special Warranty Deeds.

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Do warranty deeds need to be notarized?

Regardless of the type of deed, such as a warranty deed or bargain and sale deed, you want to use with the property transfer, you will need to have the deed notarized by an active and commissioned notary public.

What is the main difference between a general warranty deed and a quitclaim deed?

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.

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How much does a warranty deed cost?

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What is the difference between a statutory warranty deed and a special warranty deed?

What are the different types of warranty deeds?

What are the two types of warranty deeds?

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Do warranty deeds need to be notarized?

What is the main difference between a general warranty deed and a quitclaim deed?

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