Conveying Real Property Without Damaging a Title Policy

01/01/2010

A client asks for your help in transferring title to real property in Texas between affiliated entities. Naturally, the client wants to minimize costs and certainly does not want to purchase a new title insurance policy. It already has an Owner's Tttle Insurance Policy naming the existing owner (Parent) as the insured. You prepare a standard special warranty deed form to limit the Parent's warranty liability. The deed is signed and recorded and fee simple title is conveyed to the Parent's affiliate.

You may have made a mistake. To read the full article, click on the PDF linked below.

Reproduced with permission from Headnotes, a publication of the Dallas Bar Association, January 2010, Vol. 34, No. 1.

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