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General Warranty Deed Conveying a Life Estate from a Family Trust to an Individual Texas Form

General Warranty Deed Conveying a Life Estate from a Family Trust to an Individual Texas Form

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Hi Lee Phillips here. I want to talk for just a minute about a concept called warranty deeds. Basically you have two types of deeds you have quit claim deeds and you have warranty deeds and we've got another YouTube on quit claim deeds you quit claiming your interest in the property whatever that is you might not even have an interest but you can make out a quit claim deed. On the other hand a warranty deed says that you're gonna make certain promises or the seller is going to make certain promises to the buyer the seller is what we call the grantor the buyer is what we call the grantee. So you're gonna make--if you're the seller you're gonna make certain promises to the buyer. You're going to promise to the buyer or guarantee or warrant to the buyer that you have the actual title to the property it's seasoned in you you have both a equitable title and the legal title you promise or you warrant that you have the right to transfer

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