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 Washington Grant Deed is a legal document used to transfer ownership of real property (land or buildings) from one party to another in the state of Washington. This type of deed guarantees that the property being transferred is free of any undisclosed claims or liens, and the granter (seller) has the legal authority to sell the property to the grantee (buyer). Key components of a Washington Grant Deed include the names and addresses of both the granter and grantee, a legal description of the property being transferred, the amount paid (consideration) for the property if applicable, and the granter's signature. Additionally, the deed must be notarized and recorded with the county auditor's office where the property is located to ensure its legal validity. In the state of Washington, there are different types of Grant Deeds that can be utilized, depending on the specific circumstances or requirements of the parties involved: 1. General Warranty Deed: This type of Grant Deed offers the highest level of protection to the grantee. The granter guarantees that they hold clear title to the property and will defend against any future claims or defects in the title. 2. Special Warranty Deed: Unlike the General Warranty Deed, the granter in a Special Warranty Deed only guarantees that they haven't done anything to create defects in the title during their ownership. This means they are not responsible for any encumbrances or claims that existed prior to their ownership. 3. Quitclaim Deed: A Quitclaim Deed is commonly used when there is no money exchanged, or when transferring property between family members or within a divorce settlement. It offers the least amount of protection for the grantee since the granter makes no warranties or guarantees regarding the property's title. It is crucial to determine the type of Washington Grant Deed applicable to a specific situation to ensure the appropriate level of protection and clarity during the property transfer process. Consulting with a real estate attorney or using a trusted online legal service can help ensure the correct type of deed is used and properly executed.A Washington Grant Deed is a legal document used to transfer ownership of real property (land or buildings) from one party to another in the state of Washington. This type of deed guarantees that the property being transferred is free of any undisclosed claims or liens, and the granter (seller) has the legal authority to sell the property to the grantee (buyer). Key components of a Washington Grant Deed include the names and addresses of both the granter and grantee, a legal description of the property being transferred, the amount paid (consideration) for the property if applicable, and the granter's signature. Additionally, the deed must be notarized and recorded with the county auditor's office where the property is located to ensure its legal validity. In the state of Washington, there are different types of Grant Deeds that can be utilized, depending on the specific circumstances or requirements of the parties involved: 1. General Warranty Deed: This type of Grant Deed offers the highest level of protection to the grantee. The granter guarantees that they hold clear title to the property and will defend against any future claims or defects in the title. 2. Special Warranty Deed: Unlike the General Warranty Deed, the granter in a Special Warranty Deed only guarantees that they haven't done anything to create defects in the title during their ownership. This means they are not responsible for any encumbrances or claims that existed prior to their ownership. 3. Quitclaim Deed: A Quitclaim Deed is commonly used when there is no money exchanged, or when transferring property between family members or within a divorce settlement. It offers the least amount of protection for the grantee since the granter makes no warranties or guarantees regarding the property's title. It is crucial to determine the type of Washington Grant Deed applicable to a specific situation to ensure the appropriate level of protection and clarity during the property transfer process. Consulting with a real estate attorney or using a trusted online legal service can help ensure the correct type of deed is used and properly executed.