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Old 05-25-2010, 03:41 PM
 
24 posts, read 152,777 times
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Hi,
When I read warranty deeds in Texas, I noticed that the seeminly standard terms in the "Reservations from and Exceptions to Conveyances and Warranty" section can be different on warranty deeds.

Some warranty deeds say,
"This conveyance is given and accepted subject to any and all restrictions, reservations, covenants, conditions, rights of way, easements, municipal and other governmental zoning laws, regulations and ordinances, if any, of record in said county, affecting the herein described property."

Some other warranty deeds say,
"THIS CONVEYANCE IS EXECUTED, DELIVERED AND ACCEPTED SUBJECT TO AD VALOREM TAXES FOR THE CURRENT YEAR, ROLLBACK TAXES DUE TO THIS CONVEYANCE OR GRANTEE''S USE OF THE SUBJECT PROPERTY, MAINTENANCE FUND LIENS, ZONING ORDINANCES, UTILITY DISTRICT ASSESSMENTS AND STANDBY FEES, IF ANY, ANY AND ALL VALID UTILITY EASEMENTS CREATED BY THE DEDICATION DEED OR PLAT OF THE SUBDIVISION IN WHICH SAID REAL PROPERTY IS LOCATED, RECORDED EASEMENTS, RESERVATIONS, MINERAL RESERVATIONS AND LEASES, RESTRICTIONS, CONVENANTS, CONDITIONS, RIGHTS OF WAY EASEMENTS, IF ANY, AFFECTING THE HEREIN DESCRIBED PROPERTY."

I am puzzeled. So do they mean different things or esentially the same?
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Old 05-25-2010, 03:44 PM
 
37,313 posts, read 60,070,764 times
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without being a RE person or attorney
I would say that one property maybe has past taxes due--so that there could be additional charges owing and if you don't pay them you don't own the property...
like a short sale house...

what does your realtor say???
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