Deed

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A Deed:

 

A deed is a written instrument
It intentionally conveys rights, title, or interest in real estate
The owner is the grantor
The person who acquires title is the grantee

 

A legally valid deed has the following characteristics:

 

It must be in writing
It must contain a description of the parties (full name and sometimes martial status)
The grantor must be legally capable
The property must be adequately described
There must be a granting clause
The deed must be signed by the grantor(s)
The deed must be delivered and accepted

 

Those who have had courses in business law will recognize that the requirements of a legally valid deed are similar to the requirements of a legally valid contract.  A deed is, in fact, a contract.

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