When real property titles or real property interests are transferred from one party to the other, a special legal document is used for the purpose of transferring. This document is known as the Grant Deed. The party that makes the transfer of the title is called the grantor and the other party to whom the title is transferred is called the grantee. When the deed is created, it should contain a legal description of the property that should describe its boundaries and parcel numbers in detail. Moreover, all the people who are involved in the transfer of the property should provide their consent on it by signing on the deed along with a legal acknowledgment from the notary public. Unless and until, the deed is recorded with the County Recorder or Recorder of Deeds, it would not finalize the property transfer. Below are answers to few of the more common legal questions about this deed: All my property got transferred to another person as a title company recorded a grant deed on my name by mistake. When I enquired about it, they said since the parcel number was not correct, this error happened. Now in a situation like this, how do I come to know if they have rectified the error? In a case like this, rather than sitting and waiting for the title company to correct its mistake, you should perform your own title search. This would be the surest and the best way to know if the mistake has been rectified or not. In order to do it, what you would need to do is go to your county recording office and ask them to show your property deeds to you so that you can go through them. This would instantly allow you to know if the mistake has been corrected or not. This is because if there has been any change or modification on the deeds, the county officials would immediately point that to you. If I have a deed to use my neighbor’s driveway in order to enter and exit my property, can she legally block that access to me? She is not allowing me to use the driveway for the last six months. Moreover, she has put a chain to prevent my access to the driveway and that has caused a lot of problem. You neighbor do not have any right at all to stop you from using the driveway. You have purchased a deed to use that. It has provided you with all the rights to enter and leave your property using that driveway and no one can either interfere with your rights or cause problem to you and prevent you from using that. You have full and unrestricted access to it. However, if your neighbor does not stop causing inconvenience like this to you, you do have the right of dragging her to the court and pursue this issue legally as you have solid grounds for filing a lawsuit and damages. What kind of grant deed do I need to create if I want to include my wife’s name on my home property? In order to include your wife’s name on your property, you may use a quitclaim deed. This deed should help you in transferring a complete fifty percent interest in the house on the name of your spouse. All you would need to do is sign, witness, notarize and then record this deed in the real property records of that particular city or county, where your house is situated. Usually, a grant deed can be of various types. However, their types would depend upon the kind of parties a property transfer involves. It means the deed would vary according to who transfers the property to whom. For instance, there is a deed that is called as the interspousal transfer deed. As the name suggests, this kind of a transfer would involve the transfer of real property ownership from one spouse to the other. This mainly happens when there is a divorce. In this kind of a transfer, you do not need to reassess the value of your property for property taxes. Moreover, the grantee would need to pay a small fee to the county government in order to finalize the deed by recording it. If you need any clarification about your particular situation on the subject, you may wish to ask a real estate lawyer for legal insight based on an expert evaluation of your circumstances.
Related Articles -
grant deed, what is a grant deed, deed of grant, interspousal transfer grant deed, interspousal grant deed, grant deed definition, copy of grant deed,
|