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Yes. If you are the grantee in the deed then you are the new, legal owner.
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∙ 13y ago
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When you receive a deed for a home does that mean you are the owner?
Yes. If you are the named grantee on the deed then you are the new owner.
What do you mean by deed of priority from legal angle?
mortgage
Who is deeded owner?
That would mean a property owner who acquired their interest in the property by virtue of a deed.
Does owner financing and contract for deed mean the same thing?
When a home seller offers "owner financing", they are essentially offering to hold a mortgage note for the deed on the property. The mortgage note is the "contract". The contract pledges the deed to the buyer once they pay in full. Once the "contract" is paid off, then the deed is transferred to the buyer as the new owner.
What does being on a deed mean?
"Being on the deed" means that you are the grantor or grantee in the deed. The grantor is the seller or the owner making a transfer of the property and the grantee is the purchaser or the one who is acquiring an interest in the property.
What does legal efficacy mean?
Most likely it is through a document such as a deed, will, checks etc that grant certain legal rights.Added; Legal efficacy could be defined as: possessing the legal power or capacity to produce a desired effect. (e.g.: a court order would have legal efficacy - a warrant would have legal efficacy) They are issued by a court of law to bring about a desired result (i.e.: therefore they have legal efficacy).
What does it mean when someone says they will deed their interest in the property?
That means they own an interest in real property and they will execute a deed that transfers their interest to a new owner. The proper way to express that transaction is they will "convey" their interest by deed.
What does it mean when you say quitclaim?
A quitclaim deed is a legal instrument by which the owner of a piece of real property called the grantor, transfers any interest to a recipient, called the grantee.The owner/grantor terminates (quits) any right and claim to the property, thereby allowing claim to transfer to the recipient/grantee.
What do you mean by will of deed?
That is an incorrect usage.A Deed is a legal document that transfers land from one living party to another.A Will is a legal document that transfers a decedent's property after their death.That is an incorrect usage.A Deed is a legal document that transfers land from one living party to another.A Will is a legal document that transfers a decedent's property after their death.That is an incorrect usage.A Deed is a legal document that transfers land from one living party to another.A Will is a legal document that transfers a decedent's property after their death.That is an incorrect usage.A Deed is a legal document that transfers land from one living party to another.A Will is a legal document that transfers a decedent's property after their death.
What does it mean when it says that one owner on a deed was deceased intestate?
Intestate means that the person died without having written a will.
What does the word haver mean in legal terms?
This is an outdated legal term that basically means "Possessor" or one who "has possession and or control." In some places it may also mean the holder of a deed or lien.
The word covenant mean?
One of the definitions for the word covenant is "agree, especially by lease, deed, or other legal contract."
