Does the title company prepare the deed?
The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company for you to sign at closing. The title company is commonly the trustee to the deed and holds legal title to the property until the loan gets fully repaid.
What do I need to prepare a grant deed?
How to Prepare a Grant Deed. To prepare a valid grant deed, each state will have its own requirements, but most states, including California, will require a written document that identifies the parties, provides the property’s legal description, and includes language granting title. In order to make the grant deed suitable for recording,…
What is the purpose of a grant deed?
A grant deed is a legal document that is used to transfer (convey) rights in real property from one entity or person (the grantor) to another (the grantee).
What makes a grant deed a special warranty deed?
A grant deed may also be known as a special warranty deed. The property owner who wants to transfer title, or the grantor, guarantees that the property has not been sold to anyone else and that the property is not under any liens or restrictions that have not been disclosed.
Where can I find a prior grant deed?
The best source of information is the legal description in a prior grant deed for the property. It can also be found on any title report obtained for the property as part of the sale. Double check the legal description.
How to Prepare a Grant Deed. To prepare a valid grant deed, each state will have its own requirements, but most states, including California, will require a written document that identifies the parties, provides the property’s legal description, and includes language granting title. In order to make the grant deed suitable for recording,…
A grant deed may also be known as a special warranty deed. The property owner who wants to transfer title, or the grantor, guarantees that the property has not been sold to anyone else and that the property is not under any liens or restrictions that have not been disclosed.
A grant deed is a legal document that is used to transfer (convey) rights in real property from one entity or person (the grantor) to another (the grantee).
The best source of information is the legal description in a prior grant deed for the property. It can also be found on any title report obtained for the property as part of the sale. Double check the legal description.