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 Louisiana Grant Deed is a legal document used to transfer ownership of real property from one party (known as the "granter") to another (known as the "grantee"). This type of deed is commonly used in the state of Louisiana for real estate transactions. A Grant Deed contains specific information about the property, including a detailed legal description, the names of the granter and grantee, and the consideration given for the transfer. It also guarantees that the granter has the legal right to transfer the property and that it is free from any liens or encumbrances, except those expressly mentioned in the deed. There are different types of Grant Deeds used in Louisiana, depending on specific circumstances or additional conditions involved in the property transfer: 1. General Warranty Deed: This type of Grant Deed provides the highest level of protection to the grantee. It not only ensures that the granter holds clear title to the property but also guarantees that the property is free from any defects in title throughout its entire history. 2. Special Warranty Deed: With a Special Warranty Deed, the granter guarantees that there are no defects in title during the period of their ownership. However, it does not provide protection against any defects or claims that may have occurred before the granter acquired the property. 3. Quitclaim Deed: A Quitclaim Deed is often used when there is a family transfer, a change in marital status, or to clear any potential cloud on the title. This type of deed provides the least amount of protection to the grantee, as the granter makes no warranties about the property's title or any potential defects. It is essential to understand the type of Grant Deed being used in a real estate transaction to ensure adequate protection and to address any specific requirements or concerns. Consulting with a qualified real estate attorney or title professional is strongly recommended drafting, review, or execute a Louisiana Grant Deed correctly.A Louisiana Grant Deed is a legal document used to transfer ownership of real property from one party (known as the "granter") to another (known as the "grantee"). This type of deed is commonly used in the state of Louisiana for real estate transactions. A Grant Deed contains specific information about the property, including a detailed legal description, the names of the granter and grantee, and the consideration given for the transfer. It also guarantees that the granter has the legal right to transfer the property and that it is free from any liens or encumbrances, except those expressly mentioned in the deed. There are different types of Grant Deeds used in Louisiana, depending on specific circumstances or additional conditions involved in the property transfer: 1. General Warranty Deed: This type of Grant Deed provides the highest level of protection to the grantee. It not only ensures that the granter holds clear title to the property but also guarantees that the property is free from any defects in title throughout its entire history. 2. Special Warranty Deed: With a Special Warranty Deed, the granter guarantees that there are no defects in title during the period of their ownership. However, it does not provide protection against any defects or claims that may have occurred before the granter acquired the property. 3. Quitclaim Deed: A Quitclaim Deed is often used when there is a family transfer, a change in marital status, or to clear any potential cloud on the title. This type of deed provides the least amount of protection to the grantee, as the granter makes no warranties about the property's title or any potential defects. It is essential to understand the type of Grant Deed being used in a real estate transaction to ensure adequate protection and to address any specific requirements or concerns. Consulting with a qualified real estate attorney or title professional is strongly recommended drafting, review, or execute a Louisiana Grant Deed correctly.
