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.

deed

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

References in periodicals archive ?
Cost of procuring a title deed to an investor varies between 1 per cent and 2 per cent of the cost of the property purchased, depending on what is stated in their sales and purchase contract (SPA).
The court in the Deed case decided on the pharmacist's legal duty to warn the patient.
Deeds stole the names of Ros Carter, Robert Hunt, David Heard, Gary Jacobs, Mark Davies, Patrick Coolican, Patricia Coolican, Jason Royal, Adam Brookes, Gary Knowles and Alan Brookes.
Note, too, that under a Race-Notice statute like Alaska's, if B is on the land at issue at the time, B will become "a trespasser" (15) when C records C's deed, something B will almost certainly not be aware of, because if B were a frequent visitor at the office of the recorder of deeds B would have recorded B's own prior deed from A and would have won the race.
For example, a deed executed by an attorney-in-fact is missing a witness.
Deeds of variation could make a comeback, according to Midlands accountants Dains.
Naweed performed the deed without any help from other students, she added.
This concerted 'whitewash' campaign implies that Robert Radley, the forensic expert who analysed the trust deeds, accepted in cross-examination that while the font came into commercial use in 2007 it was possible for it to be used in 2005.
Homa Bay County land registrar Violet Lamu, the registry received 82,000 title deeds in 2016.
Dr Swazuri said the school would be among those issued with a title deed.
When Forest Glen failed to redeem the tax lien by paying the unpaid taxes, T11 Funding applied for and was issued a Tax Deed for the property.
The court ruling was in response to an injunction requested by Alpha Bank against a Limassol flat-owner who made use of the 2015 law to apply for his title deed even though the developer who built it had not been servicing his mortgage.