Deed validity requirements Flashcards
(13 cards)
Who are the two parties to a deed?
grantor & grantee
Who is the grantor?
the owner giving title
- the owner must be mentally competent
- the “or” gives; the “ee” receives (“ee” rhymes with receeeve)
Who is the grantee?
the person receiving title
What are the 8 parts of a deed?
- premises
- consideration
- granting clause
- legal description
- appurtenances
- habendum clause
- covenant of seisin
- signature lines
Does a valid deed have to be in writing?
yes
Does a valid deed need to have the names of the grantor & grantee?
yes
Does the grantor need to be competent and of legal age?
yes
Does the consideration need to be described?
yes
Does there need to be a legal description?
yes
Who needs to sign a deed for it to be valid?
the grantor & two witnesses
Do deeds need to be acknowledged, notarized, or recorded to be valid?
no
What has to happen first if the grantee wants to give constructive notice (publicly recorded) of ownership?
The deed has to be notarized
___ delivery and ___ acceptance of the deed are required
voluntary delivery and voluntary acceptance