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What are the Three Most Common Types of Deeds? General Warranty Deed.Special Warranty Deed.Quitclaim Deed.

A deed is a signed legal document that transfers ownership of an asset to a new owner. Deeds are most commonly used to transfer ownership of property or vehicles between two parties. The purpose of a deed is to transfer a title, the legal ownership of a property or asset, from one person or company to another.

If a deed is missing and can't be recorded, title can't be transferred. Hoping an unrecorded deed doesn't get lost could be devastating to your estate planning. Until the unrecord deed is processed, and title transferred, the holders of the title still own the property. They can mortgage the property or sell it.

Deed is defined as a document of ownership. An example of a deed is a contract to state ownership of land. noun. An instrument conveying an interest in real property. noun.

New Statute of Limitations SB 885 provides that four years after the recording of a quitclaim deed in the public records of the county where the real property is located, the quitclaim deed: No longer affects the question of the good faith of a subsequent purchaser or creditor.

Section 13.001 - Validity of Unrecorded Instrument (a) A conveyance of real property or an interest in real property or a mortgage or deed of trust is void as to a creditor or to a subsequent purchaser for a valuable consideration without notice unless the instrument has been acknowledged, sworn to, or proved and filed

What Is A Good Deed? A good deed is an action you take for the betterment of another person or society as a whole. However, good deeds need to be perceived as good even if the intent is positive.

A valid deed in Texas must name the parties involved (grantor and grantee), their intent to convey property, sufficiently describe the property to be conveyed, and the deed must be signed and delivered by the grantor.

Quitclaim deeds are valid in other states, and they are also valid in Texas. The problem isn't with the validity of the deed, but with title insurance. Texas title insurance companies are notoriously wary of quitclaim deeds.

If Your Deed Is Not Recorded, the Property Could Be Sold Out From Under You (and Other Scary Scenarios) In practical terms, failure to have your property deed recorded would mean that, if you ever wanted to sell, refinance your mortgage, or execute a home equity line of credit, you could not do so.