Deeds Lawyer

What is a Real Estate Deed?

They are written documents transferring the legal ownership of the property from one person to another. The deed gives specific information including the parties of the transaction, a full description of the property and important dates or locations pertaining to the transaction. The deed must be accepted and delivered to each party to be valid.

There are many types of real estate deeds. The first is a warranty deed, which guarantees a clear title. A quit claim deed doesn’t make guarantees that the property is not otherwise encumbered or allowed to be used or accessible to other people, including the general public. This usually occurs between two parties that trust each other such as family members. This is commonly used for property that is transferred to an heir when the property owner dies.