A written document that shows ownership of property. A deed includes the signatures of current owners and a legal description of the property. In most cases, the home buyers receive the deed at the closing of the sale, subject to recording in the public record, when they become the true owners of the home. Also known as the Title.
Certificate of Ownership is the final document prepared by your solicitor, to be signed by the vendor transferring ownership of dwelling to the purchaser. Document is then registered against the title to the property as evidence of ownership.
A written instrument that, when executed, delivered and recorded, authorizes the conveyance of title of real property (as opposed to personal property) from one person to another. Personal property is transferred with a bill of sale.
A formal written instrument by which the title of the property is transferred from one owner to another. The deed should contain an accurate description of the property, and it should be signed and witnessed according to the state laws. There are two parties to a deed: the grantor and the grantee.
This is a formal document that is the title to the property when the seller transfers from the seller to the buyer. The deed will include the property description and is given to the buyer on the closing day.
Document by which title to real property is transferred from one owner to another. The deed includes an accurate description of the property being conveyed, is signed and witnessed in accordance with laws of the State in which the property is located, and is delivered to the buyer at closing.
A legal document that describes the property (based on past surveys, official maps, surveyor's landmarks, measured distances, or other references), and states who owns the property. Deeds are public documents, filed with the County Clerk.
A legal document providing title to your timeshare property; gives you your ownership rights. See also: fee simple. (The escritura system in Spain is a deeded system, but deeded timeshare ownership is not legal in the UK and some other countries. See also: club/trust membership.)
Formal written document transferring title to real estate; a new deed is used for each transfer. The deed should contain an accurate description of the property being conveyed, should be signed and witnessed according to the laws of the State where the property is located, and should be delivered to the purchaser at closing day. (See also deed of trust, general warranty deed, quitclaim deed, and special warranty deed.)
A written conveyance of realty whereby title is transferred from one entity to another and in which the grantor obligates himself, his heirs, etc. to forever defend the grantee, his heirs, etc, against all lawful claims against the title. (Back to Terms list)
A legal document which in England and Wales makes it clear that it is intended to be a deed and which, in the case of an individual, is signed in the presence of an attesting witness or, in the case of a corporation, is executed in accordance with company law (s1, Law of Property (Miscellaneous Provisions) Act 1989). In Scotland, deed has no technical legal meaning, although it is used in practice to describe some documents. These would normally then be executed in accordance with the Requirements of Writing (Scotland) Act 1995.
A written legal document that describes a piece of property and outlines its boundaries. The seller of a property transfers ownership by delivering the deed to the buyer in exchange for an agreed upon sum of money.
The formal written document by which a seller transfers ownership rights in real property to the buyer. It requires an accurate, specific legal description of the property, proper execution by the seller, with witnesses and a notary public, and is delivered at closing.
The document signed by the seller transferring ownership of the home to the purchaser. This document is then registered against the title to the property as evidence of the purchaser's ownership of the property.
a legal written document that has been delivered, sealed, and properly executed.A deed involves a grantor and grantee.In a deed, the grantor or person with ownership of a property conveys to the grantee an interest in the property, the title, or some rights to the property in question.
This is the legal document that gives you title to you vacation property. See also: fee simple. (This system in Spain is a deeded system, but deeded timeshare ownership is not legal in the UK and some other countries like Mexico etc... See also: club/trust membership.)
A written instrument under seal by which an estate in real property is conveyed by the grantor to a grantee. The deed may be a full covenant and warranty deed, a bargain and sale deed, or a quit-claim deed.
A document which shows the current legal owner of an interest in real estate and who the owner acquired title from.. The person who transfers the interest is called the "grantor" and the person who acquires the interest is called the "grantee."
in the most usual Scottish sense, a formal written document in a set form which gives the terms of an agreement, contract or obligation; for practical purposes, any document which isn't a sasine or concerned with the transfer of heritable property
A document by which a person conveys (transfers) real property. Quitclaim Deed - A deed intended to pass any title, interest, or claim which the grantor may have in the real property, but not professing that such title is valid or containing any warranty for title. Warranty Deed - A deed in which the grantor warrants or guarantees good clear title to the real property.
A deed is the document that conveys title to real property. Before you receive the deed, the title insurance company must receive the mortgage company's payment and your payments for the down payment and closing costs. The title insurance company must also show that the seller holds clear and legal title to the property for which title is being conveyed.
A formal written instrument by which title to real property is transferred from one owner to another. The deed should contain an accurate description of the property being conveyed, should be signed and witnessed according to the laws of the State where the property is located, and should be delivered to the purchaser at closing day. There are two parties to a deed: the grantor and the grantee.
A written document that is properly signed and delivered as an instrument of bond, contract or conveyance, especially relating to property. This document transfers property ownership from the seller to the buyer. The seller signs the deed at closing and the buyer receives a copy. The closing sales professional records the deed with the buyer listed as the new property owner. The buyer's name appears on the deed and it is sent to the buyer after it is recorded.
a document that transfers title from one owner to another. the title is transferred to the new home owner as soon as the the escrow holder receives the payoff for the old loan, the new mortgage financing and payments and closing costs.
Public document that is signed and ratified by a solicitor. It is later added to the Property Register. The most important deeds are the contract of sale, the mortgage certificate and the declaration of new work.
An instrument in writing and under seal used for transferring land from one owner to another, an essential requirement of which is that the land be fully described in order that it may be properly identified.
The formal contract by which title to real property is transferred from one owner to another. A deed contains an accurate description of the property. It should be signed and witnessed according to the laws of the State where the property is located and should be delivered to the purchaser at closing day. There are two parties to a deed: the grantor and the grantee. (See also deed of trust, general warranty deed, quitclaim deed, and special warranty deed.)
Written document by which an estate or interest in real property is transferred from one person to another. The person who transfers the interest is called the "grantor." The one who acquires the interest is called the "grantee." Examples of deeds are grant deeds, administrators' deeds, executors' deeds, quitclaim deeds, etc. The deed to use depends on the language of the deed, the legal capacity of the grantor and other circumstances.
a document that is formally signed, sealed and delivered. Contract under seal and specialty contracts are other names for deeds. Unlike normal contracts they are enforceable even though they are one sided ie the person making the deed does not get any consideration in return. A promise or gift that is not given under a deed and not for any return consideration is not enforceable in law.
A written and signed document setting out the actions that must be carried out or recognitions of the parties towards a certain object. Under older common law, a deed had to be sealed; that is, accompanied not only by a signature but with an impression on wax onto the document. The word deed is also most commonly used in the context of real estate because these transactions must usually be signed and in writing.
the document that transfers the legal title of a real estate parcel from the seller (the grantor) to the buyer (the grantee). Normally, the deed is recorded in the Office of the Recorder of Deeds in the courthouse of the county where the property is located.
A written conveyance of land signed by the grantor transferring title to the grantee. Assumption Warranty Deed A warranty deed that references an existing mortgage(s) that grantee agrees to become liable thereon. By taking the deed, the grantee agrees to assume the mortgage(s) and become liable on it. Quitclaim Deed A deed to real property conveying whatever title the grantor has to the grantee, but without making any warranties regarding the validity of the title. Special Warranty Deed A deed in which the grantor warrants or covenants only against the claims of persons claiming by, through, or under the grantor. Warranty Deed A warranty deed (often called a general warranty deed) contains certain guarantees or covenants of title by the grantor that the deed conveys a good and unencumbered title and further that the grantor and his heirs will defend the title against all others.
The document prepared by a lawyer or notary containing a detailed description of the property which transfers ownership from the vendor to the purchaser. This document is then registered against the title to the property as evidence of ownership.
is the formal written document which transfers the rights of ownership and possession (i.e. the title) from the Seller to the Buyer. Sometimes the deed is called a title document. It contains a specific, legal description of the property.
A written instrument used to record or transfer property ownership. Recording the deed in the land records is notice to the world of who owns the property. The title may be held in several different ways, each of which have substantial legal meaning.
A legal document providing title to a timeshare property that gives you your ownership rights. See also: fee simple. This will vary from country to country. In the US this is recorded in the government's offices.
This legal document demonstrates ownership rights with title to a timeshare property. Once a timeshare property is deeded the owner can bequeath, rent, or sell the timeshare just as an owner can do with traditional real estate properties.
The formal written document that transfers real property ownership rights from the seller to the buyer. It contains an accurate, specific legal description of the property and is delivered at the closing.
Legal document by which title to the property is transferred from one owner to another. It is signed, witnessed, and delivered to the buyer at transfer. If the property has a mortgage bond, the deed will be delivered to the lender and only given to the purchaser when his/her mortgage bond commitments are completed.
Legal document by which title to real property is transferred from one owner to another. The deed contains a description of the property, and is signed, witnessed, and delivered to the buyer at closing.
a formal written instrument which transfers the right, title or interest of one owner to another without providing a warranty or guarantee of title. If the former owner owns clear title to the property, all the interest is transferred; if the former owner owns no interest in the property, no interest is transferred.
A legal document that transfers ownership (title) of a property. Whoever holds the deed on a home is the legal owner (or holds title). Before the closing date, however, the lender requires a title search to prove that the seller really owns the property you're about to buy. You receive the original deed in the mail after it's recorded at the county courthouse. You need to make sure this happens since it's proof that you own the home. A grant deed is the most common type of deed used to transfer title.
A written document, of various forms, by which title to real estate is transferred from one party to another. (Grantor = Seller, Grantee = Buyer) Examples are Warranty Deed, Quit Claim Deed, Personal Representativeâ€™s Deed, Trustee Deed, Condominium Deed, etc.
An instrument used in conveying title to real property. The most common forms are Warranty and Quit Claim deeds. A warranty deed is where an owner warrants that he/she holds good title to the property, in contrast to a quit claim deed where the owner conveys whatever title he/she has to the new owner without any warranting of title. Generally, a Warranty Deed is given to a purchaser in an arm's length real estate transaction in Connecticut. Easement An encumbrance on a piece of property which provides a third party the right to use a part of the property for a particular purpose, for example, a right of way for a driveway. Encumbrance Any restriction on a piece of property which affects the owner's absolute title to the property. An example of an encumbrance is a mortgage or a lien. An encumbrance may not affect the marketability of title in that an encumbrance may be acceptable, such as an easement for driveway purposes.
A written instrument signed and witnessed by two persons by which one person conveys title of land to another. While more commonly used to convey title to real property, it may also by used to convey title to personal property. (See also Warranty Deed)
Only in relatively rare circumstances is a deed required to complete a transaction. In a commercial situation the most common use is where a variation or concession is made without the other party giving anything in return. A deed is enforceable regardless of the legal requirements for contracts such as the need for consideration. Where a deed is necessary, there are special requirements for a company wishing to enter into such an arrangement which may either involve use of the company or the signature of two directors or a director and a company secretary.
A written document that transfers ownership of property from one owner to another. A deed contains an accurate description of the property and is signed and witnessed according to the laws of the state in which the property is located.
A deed is a legal instrument used to grant a right. The deed is best known as the method of transferring title to real estate from one person to another, often using a description of its "metes and bounds." However, by the general definition, powers of attorney, commissions, patents, and even diplomas conferring academic degrees are also deeds.