What is a Grant Deed?

The most common type of deed used in the selling of property is a grant deed. The grant deed is recorded in the county courthouse after a real estate sale and the buyer gets the original.

  1. Grantor and Grantee

    • A grantor is the seller of the property. A grantee is the buyer of the property.

    Notary

    • Grants do not have to be notarized nor recorded to be valid. Most grantors though do utilize a notary.

    Grant Deeds

    • Grant deeds contain a written document that transfers a title, the written names of the grantor and grantee plus a description of the property covered by the grant deed. It also has an execution, delivery and acceptance along with a signature from both the grantee and the grantor.

    Declarations of a Grant Deed

    • The things a grant deed declares is that the property has not been sold to anyone else and the property is not laden with obstructions other than those items already disclosed to the grantee. It also makes the promise that the grantor has the legal right to sell the property listed in the grant deed.

    Tyoes of Deeds

    • There are other types of deeds: warranty deed, quick claim deed, title deed, deed of trust, special warranty deed, bargain and sale deed and court order deed. Out of all of these, the most common type is a grant deed.

Related Searches:

Comments

You May Also Like

Related Ads

Featured