What is a deed of exchange?

A deed of exchange is a type of legal document used in Texas to transfer property ownership from one party to another. This document is used when one person is exchanging a property for something of equal or greater value, such as money, services, or another property. A deed of exchange must be signed by both parties involved in the exchange, and must include a description of the property being exchanged, including its address and legal boundaries. This document is then filed with the county clerk, who records the change of ownership and registers the deed. The deed of exchange is an important document in property law, as it serves as evidence of ownership and can be used in court should any disputes arise regarding the property in the future.

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