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.
Mecklenburg North Carolina Grant Deed is a legal document used to transfer ownership of real estate property from one party (the granter) to another party (the grantee) in Mecklenburg County, North Carolina. This type of deed guarantees that the property is free from any liens or encumbrances (unless stated otherwise) and provides a legally binding proof of ownership transfer. Keywords: Mecklenburg North Carolina, Grant Deed, real estate property, ownership transfer, granter, grantee, liens, encumbrances, legal document. Types of Mecklenburg North Carolina Grant Deed: 1. General Warranty Deed: This type of grant deed provides the highest level of protection for the grantee. It assures that the granter has the legal right to sell the property and guarantees that the property is free from any defects in title, even if they occurred before the granter acquired the property. Keywords: Mecklenburg North Carolina, Grant Deed, General Warranty Deed, the highest level of protection, legal right, defects in title. 2. Special Warranty Deed: This grant deed also guarantees that the granter has the legal right to sell the property, but it only assures the grantee against defects or claims that occurred during the granter's ownership of the property. Any defects or claims that existed before the granter acquired the property are not covered. Keywords: Mecklenburg North Carolina, Grant Deed, Special Warranty Deed, legal right, defects or claims, granter's ownership. 3. Quitclaim Deed: This type of grant deed provides the least level of protection for the grantee. The granter transfers whatever interest they have in the property to the grantee, but makes no warranties or guarantees about the property's title or any potential defects. It is often used in situations where the granter is unsure about the property's ownership status. Keywords: Mecklenburg North Carolina, Grant Deed, Quitclaim Deed, the least level of protection, interest in the property, no warranties or guarantees, ownership status. It is important to note that while these are the common types of Mecklenburg North Carolina Grant Deeds, specific circumstances or transactions might require the use of other types of deeds or additional legal documentation. It is recommended to consult a qualified real estate attorney or professional when dealing with property transfers in Mecklenburg County, North Carolina.Mecklenburg North Carolina Grant Deed is a legal document used to transfer ownership of real estate property from one party (the granter) to another party (the grantee) in Mecklenburg County, North Carolina. This type of deed guarantees that the property is free from any liens or encumbrances (unless stated otherwise) and provides a legally binding proof of ownership transfer. Keywords: Mecklenburg North Carolina, Grant Deed, real estate property, ownership transfer, granter, grantee, liens, encumbrances, legal document. Types of Mecklenburg North Carolina Grant Deed: 1. General Warranty Deed: This type of grant deed provides the highest level of protection for the grantee. It assures that the granter has the legal right to sell the property and guarantees that the property is free from any defects in title, even if they occurred before the granter acquired the property. Keywords: Mecklenburg North Carolina, Grant Deed, General Warranty Deed, the highest level of protection, legal right, defects in title. 2. Special Warranty Deed: This grant deed also guarantees that the granter has the legal right to sell the property, but it only assures the grantee against defects or claims that occurred during the granter's ownership of the property. Any defects or claims that existed before the granter acquired the property are not covered. Keywords: Mecklenburg North Carolina, Grant Deed, Special Warranty Deed, legal right, defects or claims, granter's ownership. 3. Quitclaim Deed: This type of grant deed provides the least level of protection for the grantee. The granter transfers whatever interest they have in the property to the grantee, but makes no warranties or guarantees about the property's title or any potential defects. It is often used in situations where the granter is unsure about the property's ownership status. Keywords: Mecklenburg North Carolina, Grant Deed, Quitclaim Deed, the least level of protection, interest in the property, no warranties or guarantees, ownership status. It is important to note that while these are the common types of Mecklenburg North Carolina Grant Deeds, specific circumstances or transactions might require the use of other types of deeds or additional legal documentation. It is recommended to consult a qualified real estate attorney or professional when dealing with property transfers in Mecklenburg County, North Carolina.
