A deed is a document which contains the signatures of both parties transacting a transfer of ownership and a property’s legal rights. Real estate is one of the sectors wherein a deed is necessary. Numerous documents under this category is available on our site, such as a Quit Claim Deed Template, which you may use for transferring real property interests.
In contrast from a Quit Claim Deed, we also have a Warranty Deed document template which will be issued only if the seller guarantees to the buyer that he is a titleholder of the property that he is currently selling.
Free Real Estate Deed
Real Estate Warranty Deed
Transfer Deed Form for Real Estate
Real Estate Gift Deed
What Is a Real Estate Deed?
A Real Estate Deed is a written agreement between the involved parties and the witnesses of a property title, interest, and rights transfer. This will be provided in the event of selling a real estate property. The type of document needed to accomplish and indicate the terms of the agreement is a Real Estate Deed Form.
A grantor and a grantee are the two main parties in a real estate deed. Some States and countries require sets of signatures from witnesses, document preparer, and a notary public for legalizing the document.
How to Transfer a Real Estate Deed?
When transferring a deed, the owner of the property should prepare the needed paperwork for the transfer. Hiring an attorney will be the best strategy to ease up the transaction since a professional lawyer is the one who shall construct the transfer deed. The attorney will then decide what sort of transfer the transaction will be: either a transfer to a trust, a business, or to a family member.
Most of the common transfers are due to the death of the property owner, which usually happens between relatives. In this case, a Quit Claim Deed Form will be completed by the living co-owner of the household. After which, it will be signed and stamped by a notary public. Lastly, the deed shall then be submitted to the land records office and filed for legality.
Real Estate Trust Deed
Real Estate Grant Deed
Real Estate Beneficiary Deed
Real Estate Deed Guidelines
- A Real Estate Deed must be in a written document.
- Both parties, the grantor and the grantee, must be in a fair level of capacity in conveying and receiving the property interests.
- All parties involved in the signatories must be identified and stated on the deed.
- The deed should meet the requirements of the local authority and government.
- The county recorder must record the transaction of the deed.
- The attorney should determine what type of Real Estate Deed Transfer Form document will be used by the parties.
- Warranty Deed Forms should only be used if the grantor has a definite title of the property being transferred.
- A deed is required to have adequate description about the property being transferred.
- Executing the deed must be in the presence of the needed number of witnesses required by the state’s laws and regulations.
- The deed should be well-delivered and fully accepted by the grantee.
- A section of the deed which is the consideration clause should state what the grantor received in exchange for the property title and rights of the grantee.
- A habendum clause will have the specified rights that the grantor will transfer to the grantee of the deed.
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