Important measures to take when signing over a deed include consulting a real estate attorney, establishing a legal description of the property, determining the type of deed transfer, and delivery and acceptance of the deed, reports realtor.com. A real estate attorney can prepare and file the real estate transfer deed and establish a legal description of the property.Continue Reading
The property owner must sign the new real estate deed, which is filed at the county recorder’s office. This process can take four to eight weeks, according to realtor.com. A new real estate deed is mailed to the rights holder.
Valid transfer of a deed is not effective until the deed has been delivered and accepted. Delivery and acceptance are legal terms that describe the rights holder's intent to immediately transfer a deed to another party, explains Mortgage News Daily.
There are four types of deeds that are common in deed transfer, according to the American Bar Association: general warranty, special warranty, grant deeds and quitclaim deeds.
The difference between each type of deed has to do with the number and scope of the warranties involved in the title, reports Mortgage New Daily. For example, quitclaim deeds are commonly used to transfer property between spouses, or to add a spouse to an existing deed.Learn more about Real Estate
Title is a legal term that means ownership while a deed is a legal document that serves to transfer the title of a piece of property from one party to another. The terms are used most often in the field of real estate, but deeds are also used in other circumstances.Full Answer >
The year a property was built can be found in the deed history of the house or building. Usually these documents are in the hands of the property owner, but if they have been lost or destroyed, a copy of the deed is usually retained by county recorder.Full Answer >
Use a free beneficiary deed form to pass on real estate by ensuring the deed conforms to the state laws where the property is located, naming the beneficiary and indicating how the beneficiary is to take title. A description of the property is also needed on the deed form.Full Answer >
Check the deed to your property or the property survey that came at closing. Both of these should have the dimensions of your property on it. If you don't have these anymore, the office in charge of storing records for your county should have the survey on file.Full Answer >