Asked by Stephen Douglas on September 11, 2021
Categories: Real estate Real estate renting and leasing
Rating: 4.6/5 (66 votes)
An acknowledgment technically is not required for a deed to be valid; however, in most states, a deed without anacknowledgment cannot be recorded in the official public records. It is usually not necessary to record a deed for the transfer of title to be valid.
Does a grantee have to sign a deed? Although most states require the deed to be delivered to the grantee, there is usually no requirement that the grantee sign the deed. As long as the deed is signed, notarized, and recorded, the grantee will be presumed to have accepted thedeed.
What is an example of involuntary alienation? Involuntary alienation refers to alienation as would result from attachment, levy, and sale for taxes or other debts due from the owner, or from proceedings in bankruptcy, insolvency, or otherwise, whereby the owner would be deprived of his interest in the property for the benefit of a creditor orcreditors.
What is the difference between a grant deed and a warranty deed? A grant deed offers more protection to a buyer than a quitclaim deed, but less protection than a warranty deed. The main difference between a warranty deed and a grant deed is that in awarranty deed, the grantor will warrant and defend the title against the claims of all persons.
Who prepares the deed for closing? The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company foryou to sign at closing. The title company is commonly the trustee to the deed and holds legal title to the property until the loan gets fully repaid.
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