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 New Hampshire Grant Deed is a legal document used to transfer real property ownership from one party to another in the state of New Hampshire. It is commonly employed in real estate transactions, providing proof of property ownership and the intention to transfer title to the new owner. This deed is often used by individuals, businesses, or entities looking to buy or sell property within the state. A Grant Deed guarantees that the person transferring the property, known as the granter, holds legal title to the property and has the right to convey it to the person receiving the property, known as the grantee. By executing this document, the granter conveys all their interest and ownership rights in the property to the grantee. The deed must meet certain legal requirements to ensure validity and enforceability. Different types of New Hampshire Grant Deeds may include: 1. General Warranty Deed: This type of deed offers the highest level of protection to the grantee. It provides the grantee with a guarantee that the granter holds clear and marketable title to the property and will defend it against any past, present, or future claims. 2. Special Warranty Deed: In a Special Warranty Deed, the granter assures the grantee that they have not impaired the title during their ownership. Unlike the General Warranty Deed, the Special Warranty Deed does not protect against claims arising before the granter acquired the property. 3. Quitclaim Deed: A Quitclaim Deed is often used when there is a transfer of property between family members or in situations where the granter is uncertain about the title. This deed makes no warranties or guarantees regarding the granter's ownership interest or the property's marketability. It simply transfers any interest the granter may have in the property to the grantee. When preparing a New Hampshire Grant Deed, it is crucial to provide accurate and detailed information about the property being transferred, including a thorough legal description, the names and addresses of both the granter and grantee, and any stipulations or conditions related to the transfer. It is recommended to seek legal advice or consult with a real estate professional when drafting or executing a Grant Deed to ensure compliance with state laws and to protect the interests of all parties involved.A New Hampshire Grant Deed is a legal document used to transfer real property ownership from one party to another in the state of New Hampshire. It is commonly employed in real estate transactions, providing proof of property ownership and the intention to transfer title to the new owner. This deed is often used by individuals, businesses, or entities looking to buy or sell property within the state. A Grant Deed guarantees that the person transferring the property, known as the granter, holds legal title to the property and has the right to convey it to the person receiving the property, known as the grantee. By executing this document, the granter conveys all their interest and ownership rights in the property to the grantee. The deed must meet certain legal requirements to ensure validity and enforceability. Different types of New Hampshire Grant Deeds may include: 1. General Warranty Deed: This type of deed offers the highest level of protection to the grantee. It provides the grantee with a guarantee that the granter holds clear and marketable title to the property and will defend it against any past, present, or future claims. 2. Special Warranty Deed: In a Special Warranty Deed, the granter assures the grantee that they have not impaired the title during their ownership. Unlike the General Warranty Deed, the Special Warranty Deed does not protect against claims arising before the granter acquired the property. 3. Quitclaim Deed: A Quitclaim Deed is often used when there is a transfer of property between family members or in situations where the granter is uncertain about the title. This deed makes no warranties or guarantees regarding the granter's ownership interest or the property's marketability. It simply transfers any interest the granter may have in the property to the grantee. When preparing a New Hampshire Grant Deed, it is crucial to provide accurate and detailed information about the property being transferred, including a thorough legal description, the names and addresses of both the granter and grantee, and any stipulations or conditions related to the transfer. It is recommended to seek legal advice or consult with a real estate professional when drafting or executing a Grant Deed to ensure compliance with state laws and to protect the interests of all parties involved.