"Grant Deed"

What is it, How it works, Purpose, Types, Requirements, Uses, Form, Documents & How to Get ?

What is a Grant Deed ?

A grant deed is a legal document used in real estate transactions to transfer ownership or title of a property from one party (the grantor) to another party (the grantee).

How Grant Deed Works ?

The grantor and grantee enter into an agreement for transfer of ownership. The terms of agreement, including the purchase price and any conditions, are usually outlined in a separate contract.

Uses of Grant Deed

Grant deed used to provides warranties to the grantee. These warranties include, guarantee that the grantor holds clear title to the property, meaning there are no undisclosed claims or liens against it.

What’s Included in a Grant Deed ?

The grant deed contains essential information about the property, such as the names of the grantor and grantee, a legal description of the property, signature and the date of the transfer.

Documents for Grant Deed

Documents for grant deed include a completed grant deed form. The grantor may provide a preliminary change of ownership report & any relevant supporting documents required by local jurisdiction.

Recording the Grant Deed

After the grant deed is signed, it must be properly notarized and recorded with the appropriate government office, such as the county recorder's office.

How to Get a Grant Deed ?

You can obtain a grant deed from your local county recorder's office or a title company that provides real estate services. They will assist you through the process.

click here to read more