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This will be split evenly between the seller and buyer. It usually tends to run $250 per person. The title company will take care of ordering the deed for you but you will need to pay an attorney to prepare the deed for you. This can range anywhere from $100-$300 depending on the attorney.

A new deed has to be recorded to add or delete anyone from the official record of ownership. We recommend that you seek legal assistance from an attorney or title company specializing in property transactions. If you are listed as a Joint Tenant, no change is required but is recommended.

In New Jersey, the deed must be in English, identify the seller/buyer (grantor/grantee), name the person that prepared the deed, state the consideration (amount paid) for the transfer, contain a legal description of the property (a survey), include the signature of the grantor and be signed before a notary.

A New Jersey deed must be in writing and must include the transferring owner's signature. An owner that is an entity signs through an officer, fiduciary, or other agent with legal authority to act on the entity's behalf.

As the closing date nears, seller's attorney will prepare the new deed, seller's affidavit of title and other closing related documents. Shortly before closing, the lender will prepare the mortgage documents and a list of costs associated with the mortgage.

(The actual signature of the preparer was a requirement up until recently, but is no longer required.) Note that the Grantor may legally prepare his or her own deed, but only an attorney licensed in the State of New Jersey can prepare a deed for someone else.