A Gift Deed in Texas is a legal document that allows an individual, known as the Grantor, to transfer property to another person or persons, referred to as Grantees, without any exchange of money. This form emphasizes the emotional bond between the parties, as it is often executed out of love and affection. Understanding the details and implications of a Gift Deed is essential for ensuring that both the Grantor and Grantees are protected and informed throughout the process.
When it comes to transferring property in Texas, a Gift Deed is a vital document that facilitates the process of giving real estate as a gift. This form not only outlines the essential details of the transaction but also protects the interests of both the giver, known as the Grantor, and the recipients, referred to as Grantees. The Gift Deed Texas form includes sections for naming the parties involved, describing the property being transferred, and detailing the nature of the ownership. It is designed to convey the property to the Grantees as joint tenants, which means that if one of them passes away, the other automatically inherits the entire interest in the property. Additionally, the form contains important legal notices, such as confidentiality rights that allow individuals to protect sensitive information like Social Security numbers. By including acknowledgments from a notary public, the Gift Deed also ensures that the transaction is legally recognized and enforceable. Understanding these key aspects can help make the process smoother for anyone looking to gift property in Texas.
Prepared By and After Recording Return to:
Send Tax Statements to Grantee (Name and
Address):
--------Above This Line Reserved For Official Use Only--------
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.
GIFT DEED
KNOW ALL MEN BY THESE PRESENTS THAT:
FOR CONSIDERATION of the love and affection which
______________________________, an Individual, hereinafter referred to as “Grantor”, bears
unto ______________________________ and ______________________________, hereinafter
referred to as Grantees, and also for the better maintenance, support, protection and livelihood of Grantees, Grantor does hereby GRANT AND CONVEY unto Grantees, as joint tenants and not as tenants in common, all that certain tract or parcel of land lying and being situated in the County of __________________, City of __________________, State of Texas, and more particularly
described as follows, to-wit:
[INSERT DESCRIPTION OR ATTACH AS EXHIBIT]
Prior instrument reference: ____________ Book ______, Page ______, Document No.
______, of the Recorder of ______________________ County, Texas.
Gift Deed
Page 1 of 3
TO HAVE AND TO HOLD the above described premises together with all and singular the rights and appurtenances thereto in anywise belonging unto the above named Grantees, their successors and assigns forever; and Grantor herein hereby binds itself, its successors, assigns, and administrators to WARRANT AND FOREVER DEFEND all and singular the said premises unto the above named Grantee, their successors and assigns, against every person whomsoever lawfully claiming or to claim the same or any part thereof.
Grantees, TO HAVE AND TO HOLD as joint tenants, with right of survivorship and not as tenants in common, their heirs, personal representatives, executors and assigns forever: it being the intention of the parties to this conveyance, that (unless the joint tenancy hereby created is severed or terminated during the joint lives of the grantees herein) in the event one Grantee herein survives the other, the entire interest in fee simple shall pass to the surviving Grantee, and if one does not survive the other, then the heirs and assigns of the Grantees herein shall take as tenants in common.
This conveyance is made and accepted subject to the following matters, to the extent same are in effect at this time: Any and all restrictions, covenants, conditions and easements, if any, relating to the hereinabove described property, but only to the extent they are still in effect, shown of record in the hereinabove mentioned County and State; and to all zoning laws, regulations and ordinances of municipal and/or other governmental authorities, if any, but only to the extent that they are still in effect, relating to the hereinabove described property.
The property herein conveyed is not a part of the homestead of Grantor, or is part of the homestead of Grantor and the conveyance is joined by both Husband and Wife.
WITNESS Grantor’s hand this the ______ day of __________________, 20______.
Grantor
Type or Print Name
Page 2 of 3
STATE OF TEXAS
COUNTY OF __________________
This instrument was acknowledged before me on __________________ (date) by
____________________________________ (name of representative) as
____________________________________ (title of representative) of
________________________________________________ (name of entity or person
represented).
Notary Public
My commission expires:
Mailing Address of Grantee:
Name
Address
Page 3 of 3
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