A deed is an instrument by which an owner (the grantor) transfers an interest in land to a new owner (the grantee). No consideration is required to make the deed effective. The deed is necessary to transfer title to land even if it is a gift. It has no effect, and title does not pass until the deed has been delivered. The recording of the deed is not required to make the deed effective to pass title between the buyer and the seller. However, recording is necessary so that the public will know that the buyer is the present owner. Recording constitutes "notice to the world" of the transfer in title.
The grantor is the person selling the property. The grantee is the person buying the property. A grant deed is a deed containing an implied warranty that there are no encumbrances on the property not described in the deed and that the person transferring the property actually owns the title. It must describe the property by legal description of boundaries and/or parcel numbers, be signed by all people transferring the property, and be acknowledged before a notary public. It is in contrast to a quit claim deed, which only conveys the interest that the transferor actually owns, if any, without a warranty of ownership.
A Kentucky Grant Deed is a legal document used to transfer ownership of real property from one party to another in the state of Kentucky. This type of deed guarantees that the property is free and clear of any liens or encumbrances, and that the granter (current owner) has the legal right to sell or transfer the property to the grantee (new owner). A typical Kentucky Grant Deed includes essential information such as the names and addresses of both the granter and grantee, a legal description of the property being conveyed, and the consideration (payment) for the transfer. It must also be signed and notarized by the granter for it to be valid and enforceable. In Kentucky, there are two primary types of Grant Deeds that can be used: 1. General Warranty Deed: This is the most common type of Grant Deed. It provides the broadest level of protection to the grantee by warranting that the granter has clear title to the property and will defend against any future claims made by others. 2. Special Warranty Deed: This type of Grant Deed offers a more limited level of protection compared to the General Warranty Deed. It only guarantees that the granter has not incurred any title issues or encumbrances during their ownership of the property. Any claims arising from before the granter's ownership are not covered. Both types of Grant Deeds may be used in Kentucky, depending on the preferences and needs of the parties involved in the property transfer. It is advisable to seek professional legal advice to determine the most suitable deed for a particular situation. When completing a Kentucky Grant Deed, it is crucial to ensure the accuracy of the legal description of the property, as any errors or omissions may affect the validity of the deed. Additionally, the deed should be properly recorded with the county clerk's office in the county where the property is located to provide public notice of the change in ownership. In summary, a Kentucky Grant Deed is a legally binding document used to transfer ownership of real property in Kentucky. It provides assurance to the grantee that the property being conveyed is free from any encumbrances. The two primary types of Grant Deeds in Kentucky are the General Warranty Deed and the Special Warranty Deed, each providing different levels of protection to the grantee.A Kentucky Grant Deed is a legal document used to transfer ownership of real property from one party to another in the state of Kentucky. This type of deed guarantees that the property is free and clear of any liens or encumbrances, and that the granter (current owner) has the legal right to sell or transfer the property to the grantee (new owner). A typical Kentucky Grant Deed includes essential information such as the names and addresses of both the granter and grantee, a legal description of the property being conveyed, and the consideration (payment) for the transfer. It must also be signed and notarized by the granter for it to be valid and enforceable. In Kentucky, there are two primary types of Grant Deeds that can be used: 1. General Warranty Deed: This is the most common type of Grant Deed. It provides the broadest level of protection to the grantee by warranting that the granter has clear title to the property and will defend against any future claims made by others. 2. Special Warranty Deed: This type of Grant Deed offers a more limited level of protection compared to the General Warranty Deed. It only guarantees that the granter has not incurred any title issues or encumbrances during their ownership of the property. Any claims arising from before the granter's ownership are not covered. Both types of Grant Deeds may be used in Kentucky, depending on the preferences and needs of the parties involved in the property transfer. It is advisable to seek professional legal advice to determine the most suitable deed for a particular situation. When completing a Kentucky Grant Deed, it is crucial to ensure the accuracy of the legal description of the property, as any errors or omissions may affect the validity of the deed. Additionally, the deed should be properly recorded with the county clerk's office in the county where the property is located to provide public notice of the change in ownership. In summary, a Kentucky Grant Deed is a legally binding document used to transfer ownership of real property in Kentucky. It provides assurance to the grantee that the property being conveyed is free from any encumbrances. The two primary types of Grant Deeds in Kentucky are the General Warranty Deed and the Special Warranty Deed, each providing different levels of protection to the grantee.
