Fill and Sign the Control Number Tx 03 82 Form

© 2016 - U.S. Legal Forms, Inc. TEXAS ENHANCED LIFE ESTATE QUITCLAIM DEED [A.K.A. Lady Bird Deed] [Two Individuals / Husband and Wife to Individual] Control Number: TX-03-82 I. TIPS ON COMPLETING THE FORMS The form(s) in this packet may contain “form fields” created using Microsoft Word or Adobe Acrobat (“.pdf” format). “Form fields” facilitate completion of the forms using your computer. They do not limit your ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the Forms toolbar. Look for the button on the Forms toolbar that resembles a shaded letter “a”. Click this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances, the form field and the line will disappear after information is entered. In other cases, it will not. The form was created to function in this manner. II. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Texas. All information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem, we suggest that you consult an attorney in your state. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED “AS IS” WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U.S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OR PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Enhanced Life Estate Quitclaim DeedPage 1 of 3 NOTICE OF CONFIDENTIALITY RIGHTS: IF YOU ARE A NATURAL PERSON, YOU MAY REMOVE OR STRIKE ANY OF THE FOLLOWING INFORMATION FROM THIS INSTRUMENT BEFORE IT IS FILED FOR RECORD IN THE PUBLIC RECORDS: YOUR SOCIAL SECURITY NUMBER OR YOUR DRIVER’S LICENSE NUMBER. ENHANCED LIFE ESTATE QUITCLAIM DEED [Two Individuals / Husband and Wife to an Individual] EFFECTIVE DATE: FIRST GRANTOR: SECOND GRANTOR: GRANTEE: GRANTEE'S ADDRESS: PROPERTY ADDRESS: LEGAL DESCRIPTION: See Exhibit A attached hereto and incorporated for all purposes. WITNESSETH: For TEN DOLLARS ($10.00) and other valuable consideration, the receipt and sufficiency of which is acknowledged, Grantors do QUITCLAIM AND CONVEY unto Grantee, the Property, as described above subject to a retained enhanced life estate in each Grantor described further in the Reservations From and Exceptions to Conveyance and Warranty set forth below . Enhanced Life Estate Quitclaim DeedPage 2 of 3 TO HAVE AND TO HOLD unto Grantee, its successors and assigns forever, so that neither Grantors nor Grantor's successors, assigns, or legal representatives nor any person or persons claiming under Grantors shall at any time hereafter have, claim, or demand any right or title to the Property or any part thereof, subject only to the following reservations and permitted exceptions ("Reservations and Permitted Exceptions"). RESERVATIONS FROM AND EXCEPTIONS TO CONVEYANCE AND WARRANTY: 1. All unpaid taxes and assessments for the year and all subsequent years. 2. All liens, encumbrances, easements, reservations, restrictions, covenants, easements, zoning ordinances, matters of survey and conditions of record in the County Clerk Official Records of County, Texas, affecting the Property. 3.GRANTORS reserve unto each of them, for and during their lifetime, the exclusive possession, use, enjoyment, and right of income of the property described herein. 4. GRANTORS further reserves unto each of them, for and during their lifetime, the right to sell, lease, encumber by mortgage, pledge, lien, or otherwise manage and dispose, in whole or in part, or grant any interest therein, of the property described herein premises, by gift, sale, or otherwise so as to terminate the interests of the GRANTEE, as GRANTORS in their sole discretion shall decide, except to dispose of said property, if any, by devise upon their death. 5. GRANTORS further reserve the right to cancel this deed by further conveyance, even to one or more GRANTORS, which may destroy any and all rights which the GRANTEE may possess under this deed. GRANTEE shall hold a remainder interest in the property described herein and upon the death of the GRANTORS, if the property described herein has not been previously disposed of prior to the surviving GRANTOR’S death, all right and title to the property remaining shall fully vest in GRANTEE as sole owner subject to such liens and encumbrances existing at that time. IN WITNESS WHEREOF, the GRANTORS have signed and sealed this deed on the ______ day of __________________, 20 ______. Enhanced Life Estate Quitclaim DeedPage 3 of 3 Signature of Grantor Type/Print Name Signature of Grantor Type/Print Name State of Texas, County of __________________ This instrument was acknowledged before me on __________________ (date) by ______________________________. Notary Public My commission expires: Type or Print Name State of Texas, County of __________________ This instrument was acknowledged before me on __________________ (date) by ______________________________. Notary Public My commission expires: Type or Print Name AFTER RECORDING, RETURN TO: Enhanced Life Estate Quitclaim DeedExhibit A EXHIBIT A First Grantor: Second Grantor: Grantee: Street Address of Property: Legal Description: