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Does a grantee still own the property granted by a grantor if grantor is dead?
Generally, yes. The grantor on a deed is the one who owns the property and is transferring it to the grantee. Once the deed has been executed and delivered to the grantee the grantee is the new owner and they must record the deed in the land records as proof of their ownership. The subsequent death of the grantor has no effect on the grantee's ownership.
Does a Ouit Claim Deed become legal when it is witnessed and signed before a notary or when it is registered at the courthouse?
A deed becomes "legal" when it is fully executed and delivered to the grantee. At that moment the ownership is transferred to the grantee but it can only be held against the grantor until it is recorded. It becomes notice to the world that the land has a new owner as soon as it's recorded in the land records.See related question link.A deed becomes "legal" when it is fully executed and delivered to the grantee. At that moment the ownership is transferred to the grantee but it can only be held against the grantor until it is recorded. It becomes notice to the world that the land has a new owner as soon as it's recorded in the land records.See related question link.A deed becomes "legal" when it is fully executed and delivered to the grantee. At that moment the ownership is transferred to the grantee but it can only be held against the grantor until it is recorded. It becomes notice to the world that the land has a new owner as soon as it's recorded in the land records.See related question link.A deed becomes "legal" when it is fully executed and delivered to the grantee. At that moment the ownership is transferred to the grantee but it can only be held against the grantor until it is recorded. It becomes notice to the world that the land has a new owner as soon as it's recorded in the land records.See related question link.
Does the grantee have to sign the quitclaim deed?
Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.Generally, the grantor signs the deed unless it contains an agreement that the grantee must agree to to make the agreement binding on the grantee.
Does a person who inherit a living estate name go on deed?
Yes, a person who inherits a living estate can be named on the deed. When a living estate is created, the grantor retains certain rights while transferring ownership to another party, typically the remainderman. If the remainderman inherits the living estate after the grantor's death, they would generally need to be formally added to the deed through a legal process. This ensures their ownership rights are recognized and documented.
Does a person who signs a quit claim deed have right to the property?
Not necessarily, a quit claim deed just assigns all interest from one party to another. I can give you a quit claim deed to the Brooklyn Bridge, assigning you all of my interest in that property. The deed would be legal in that I am assigning all of my interest in the bridge, but you wouldn't have any more interest in the bridge AFTER receiving the deed than you did before, since I do not have any interest in the bridge. If there are other encumbrances against the property, a quit claim deed does not remove those encumbrances and in fact may result in the acceleration of a mortgage repayment, if a current mortgage exists against the property.A Quitclaim deed is often used when people want to change the wording on a deed or to enable the other party to sell the house without needing the signature of anyone else on the deed. I have seen them used to "clean up" the names on a title for the sale of a home or for refinancing. As stated above, the effects of a quitclaim do not eliminate the lien the bank has on the house if the house is not paid for. It does not remove or change the names on the mortgage and those people's responsibility to pay. Clarification:If the grantor on the quitclaim deed owns all the interest in the property in fee then YES you would acquire ownership of the property. If there were any liens and encumbrances you would acquire the land subject to them. In some parts of the country quitclaim deeds are often used to convey real property.
What is a bargain and sale deed?
This is a means of transferring ("selling") real estate from one owner to another without triggering specific warranties of any kind, although it does appear to convey whatever ownership the grantor actually has, without using the words convey or grant. It is somewhat different from a quitclaim deed in which the grantor does not claim to have actually had any interest in the property, but grants whatever he may have had, if any, to the grantee.
What is a bargain sale deed?
This is a means of transferring ("selling") real estate from one owner to another without triggering specific warranties of any kind, although it does appear to convey whatever ownership the grantor actually has, without using the words convey or grant. It is somewhat different from a quitclaim deed in which the grantor does not claim to have actually had any interest in the property, but grants whatever he may have had, if any, to the grantee.
Do quit claim deeds expire when the grantor dies?
No. The grantor on a quitclaim deed transfers ownership to the grantee by virtue of the deed. The grantee is the new owner until they transfer the property to someone else by executing a new deed.No. The grantor on a quitclaim deed transfers ownership to the grantee by virtue of the deed. The grantee is the new owner until they transfer the property to someone else by executing a new deed.No. The grantor on a quitclaim deed transfers ownership to the grantee by virtue of the deed. The grantee is the new owner until they transfer the property to someone else by executing a new deed.No. The grantor on a quitclaim deed transfers ownership to the grantee by virtue of the deed. The grantee is the new owner until they transfer the property to someone else by executing a new deed.
Does the grantor have any rights to build on the property?
Not unless he reserved that right in his deed.The grantor is the party who transfers ownership of land to the grantee in a deed. He cannot build on the land because he no longer owns it. The grantee is the new owner.Not unless he reserved that right in his deed.The grantor is the party who transfers ownership of land to the grantee in a deed. He cannot build on the land because he no longer owns it. The grantee is the new owner.Not unless he reserved that right in his deed.The grantor is the party who transfers ownership of land to the grantee in a deed. He cannot build on the land because he no longer owns it. The grantee is the new owner.Not unless he reserved that right in his deed.The grantor is the party who transfers ownership of land to the grantee in a deed. He cannot build on the land because he no longer owns it. The grantee is the new owner.
Do you have to sign an easement?
To be effective an easement must be signed by the grantor, acknowledged and recorded in the land records.
Can a will convey ownership of a house in an irrevocable Trust?
A will cannot convey ownership of a house that is held in an irrevocable trust because the trust itself determines the ownership and management of the property. Once a property is placed in an irrevocable trust, the grantor relinquishes control over it, and any changes to its ownership must be made according to the trust's terms. Therefore, the house would remain under the trust's provisions after the grantor's death, rather than being transferred via a will.
What legal right does a deed provide?
A deed provides ownership rights to the property that is described on the deed as long as the land was owned by the grantor.
