Financial

deed

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Deed.

A deed is a written document that transfers ownership of land or other real estate from the owner, also known as the grantor, to the buyer, or grantee.

The form a deed takes varies from place to place, but the overall structure and the provisions it contains are the same. The description of the property being transferred is always included.

When you use a mortgage to purchase the property that's being transferred by deed, you may receive the deed at the time of purchase, with the lender holding a lien on the property. Or the deed may belong to the lender until you have paid off the mortgage.

In either case, a deed's creation must be witnessed and should be recorded with the appropriate local authority to ensure its validity.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.

deed

A written document properly signed,acknowledged,and delivered,and bearing a description of specific property and words of conveyance for that property.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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References in periodicals archive
Stipes; Deed; Kathalynas Northern Meadows PT SE/4 18-7-3 Lot 1.
It is through a title deed that you can protect your land.
Specifically, had the Jeffords hired an attorney to handle this matter and had the attorney taken over contract of the deed by placing it in escrow until a specified time or occurrence, they likely would have avoided the consequences that followed the execution of their deed.
The officer raised unnecessary objections even over correct deeds to mint money and had appointed Shah to clear the deeds over which he raised objections.
On appeal, the Court of Appeals affirmed the RTC ruling that the deed of sale and the SPA were void.
Radley deposed that he received a copy of a set of two trust deeds from 'Quist Solicitors' London, one pertained to Neilson and Nescol (BVI Companies) owning Avenfield properties, whereas the other pertained to Coomber (BVI Company) comprising three pages each.
In contrast to this general rule, however, a section of the American Law Institute's Restatement of the Law Third, Property (Mortgage) reads that "the mortgagee [lender] who takes a deed in lieu with actual knowledge of a junior lien will lose the right to foreclose irrespective of whether there is merger intent.
Some of the New York counties have online tax deed sales also.
Creating a positive environment is essential for the good deed to flourish.
"In the past year, with their help we have been able to do so many good deeds. For example to raise funds for Myton Hospice, Zoe's place, Children in Need.
Susan Dinor, Managing Director, Dinor Real Estate Consultants said:"Buyers, particularly expats have an increased sense of security if their property has a title deed. Majority of the banks in UAE offer mortgages to only properties with title deeds.
The lawsuit that followed asked whether the pharmacy had a legal duty to warn Deed of the potentially dangerous effects of the prescriptions it filled for her.
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