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Examples of a deed are deeds of hypothecation for creating charge on movable properties in favour of the banks/financial institutions etc. An agreement by its name suggests that there should be at least two parties signing/approving the same. Examples of an agreement are agreement to sale, loan agreement etc.

Usually, a deed is executed for consideration, but this is not essential for a valid transfer. Moreover, even when consideration is given for the property, this point need not be mentioned in the deed.

Oklahoma law recognizes three general forms of deeds?warranty deeds, special warranty deeds, and quitclaim deeds?that a property owner can use to transfer real estate. The three deed forms differ in the warranty of title provided by the current owner (the grantor) to the new owner (the grantee).

An Oklahoma deed must be written exclusively in the English language. Conveyance Information. A deed must provide sufficient details of the conveyance?including the current owner's and new owner's names, the date of the transfer, and a clause vesting title to the property in the new owner.

Essential Elements of a Valid Deed Use of the proper statutory form of deed. Competent parties: grantor and grantee. Words of grant or operative words of conveyance. Sufficient description of the property to be conveyed. Proper execution. Delivery and acceptance.

Oklahoma deeds require the following: Upon delivery of the signed and notarized deed to the grantee, the deed becomes effective and is a legally binding document. The deed must be recorded with the county register to notify all third parties that the grantor has released all claims to the property to another individual.

A New York deed must have a statement of consideration that says that the new owner is providing value in exchange for the property. Deeds often state nominal consideration within the deed's transfer language and set forth the actual consideration in the transfer tax affidavit that accompanies the deed.