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A deed must meet the following requirements to be valid: (1) be in writing; (2) name the parties; (3) give the legal description of the property; (4) specify the legal rights being conveyed; (5) include a consideration; and (6) be signed by a competent grantor and witnessed by two persons.
As a supplemental fee to the RTF, the State imposes a fee on the recording of the deed for the sale of real property when the consideration paid is more than $1,000,000. While the seller pays the RTF, the buyer pays this supplemental fee of 1% of the consideration recited in the deed.
Although different jurisdictions require different elements for a valid deed, the following elements are generally required: The names of the grantor and the grantee, and words of conveyance such as ?grant, convey, assign, transfer, and give,? any of which demonstrate the grantor's intent to pass title to the grantee.
The deed must be signed in ink by the Grantors in the presence of a notary public, with the Grantors' names printed below the signatures. Contrary to popular belief, the Grantors' signatures do not need to be witnessed (other than by a notary). The deed does not need to be signed by the Grantees (buyers).
The California Civil code states that a contract may be rescinded if it ?was given by mistake, or obtained through duress, menace, fraud, or undue influence, exercised by or with the connivance of the party as to whom he rescinds, or of any other party to the contract jointly interested with such party.? (Civ.
The two most common types of deeds in New Jersey are the ?Bargain and Sale? deed, and the ?Quit Claim? deed (often mispronounced as a ?quick-claim? deed?).
Get Your Deed Consumers can also go to the County Clerk's online record search at U.S. Land Records and print out a copy of your deed for free. Now Accepting Visa/Mastercard/Discover. All checks for $10,000 or more must be certified. Questions regarding Federal Liens contact 800-913-6050.
Every deed or instrument of the nature or description set forth in section -1 of this title shall, until duly recorded or lodged for record in the office of the county recording officer in which the affected real estate or other property is situate, be void and of no effect against subsequent judgment creditors ...