Grant deed free downloadable form

In Texas, property owners can use a grant deed to transfer real estate with implied covenants of title. A lawful grant deed includes the grantor's full name and marital status, the consideration given for the transfer, and the grantee's full name, marital status, vesting, and mailing address.

Vesting describes how the grantee holds title to the property. Generally, real property is owned in either sole ownership or in co-ownership. For Texas residential property, the primary methods for holding title in co-ownership are tenancy in common, joint tenancy, and community property TEX.

As with any conveyance of realty, a grant deed requires a complete legal description of the parcel. Recite the source of title in order to confirm a clear chain of title, and detail any restrictions associated with the property. Contact the same office to verify accepted forms of payment. In Texas, an unrecorded deed or instrument "is binding on a party to the instrument, on the party's heirs, and on a subsequent purchaser who does not pay a valuable consideration or who has notice of the instrument" TEX.

This means that, even if a grant deed is unrecorded, it is still a binding document that applies to parties who have signed or acknowledged it. This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact a Texas lawyer with any questions about grant deeds or other issues related to the transfer of real property.

Five Star Customer service. Reply from Staff: We appreciate your business and value your feedback. Thank you. Making a Grant Deed. What is a Grant Deed? This Grant Deed document can be used if: You're buying property and want assurance that the property will not be sold to someone else. You are buying property and want a guarantee that the property does not have any liens or restrictions tied to it.

You are selling property and want to provide assurances to the buyer. You need to transfer property to a separate business or trust. You want to give a gift of property to another person or entity. You'll want to have the following information on hand in order to create your Grant Deed: Property details — You will need the parcel number and legal description of the property that is being sold.

Attaching an image or a map is optional. Contact information for the recipient of the original recorded deed — Often this is an attorney, trustee, grantor, or grantee. Contact information for who is granting the property — This might be an individual person, more than one person, a trust, or a business.

The amount of money exchanged — If the property is a gift, you'll want to specify zero dollars. If the property is granted pursuant to a sale, list the purchase price. Oil, mineral, or other similar rights — These aren't necessarily granted with the property.

Some sellers may opt to retain these rights for future purposes. Rights to the property — In some cases, sellers retain rights to live on property, even after the ownership has been transferred. For example, in the event of a life estate, the grantor may live on the property for the rest of his or her life, and then the property passes to the grantee. In other cases, owners may retain rights to access items that they will keep stored on the property, such as equipment.

You may also see Quit Claim Deed Forms. If you are dealing with a couple of clients who are renting properties to buy, then you must have a joined tenancy grant deed at the time of official sale. Use the following sample form. Real estate grant deeds are specifically for real estate business.

But property owners can use them, too. They are the right files to use when selling a property because you must transfer the ownership of rights also. Unless you are willing to transfer the ownership rights of a property to a willing buyer, they may not be willing to trust you nearly as much.

As such, consider having a grant deed in ace if you want to make a good deal. You may find examples of such forms below for free perusal and download. Grant Deeds are mostly used in the sale of a real estate property.