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CONTRACT for PURCHASE of a WARRANTY DEED THIS Form

CONTRACT for PURCHASE of a WARRANTY DEED THIS Form

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Phil Silverman with the Silverman law firm and today we are discussing General warranty deeds versus special warranty deeds in Texas a general warranty deed guarantees a clear chain of title all the way back to the Sovereign in Texas that could go all the way back to Mexico or the Republic of Texas this broad warranty makes the grantor responsible for any title issues throughout the entire chain of title a special warranty deed limits the grantor's liability in a big way covering only title defects during the grantor's ownership period this means the grantor is not liable for issues before the time they own the property the most popular residential sales contract in Texas the Trek one to four family calls for a general warranty deed if you're a grantor consider negotiating this contract for use of a special warranty deed if you're the grantee on the other hand be sure the lawyer drafting the deed uses a general warranty as always if you have questions ta

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