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Deed

Deed

A written instrument which when properly executed and delivered conveys title to real property from one person (grantor) to another (grantee).


A legal document that serves as proof of ownership or title transfer of a property. This document includes important information such as the names of the current owner and the new owner, the legal description of the property, and any relevant restrictions or encumbrances. There are several types of deeds, including warranty deeds, quitclaim deeds, and grant deeds. A warranty deed provides the highest level of protection for the buyer, as it guarantees that the seller has the legal authority to sell the property and that there are no outstanding liens or claims against it. On the other hand, a quitclaim deed transfers whatever interest the seller may have in the property, without making any guarantees as to its legality or title. It must be signed by both parties involved in the transaction and must be notarized to be considered valid. Additionally, the transfer of ownership must be recorded with the appropriate government agency, usually the county clerk's office, in order to make the transfer official and to avoid future disputes over ownership. A crucial document in real estate transactions that serves as evidence of property ownership or title transfer. It's important for both buyers and sellers to understand the different types of deeds and their implications before entering into any agreements.

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