A common issue plaguing estate planning attorneys and title attorneys is the "pocket deed" (a nondelivered deed), which is a deed executed by a titleholder during his or her life, where the grantor instructs the deed to be delivered to the grantee upon the titleholder's death or some other condition.
He testified that he forgot his notary seal at the time and took the deed to his office to affix the notary seal.
* The Delivery Requirement Can Be Satisfied, Even When a Condition Is Imposed by the Grantor, When the Proponent of the Deed Can Demonstrate the Grantor Relinquished All Control as to Satisfaction of the Condition Requirement, and the Ability to Revoke the Deed--The requirement for a condition precedent to be satisfied, such as payment for a conveyance of real property, is certainly not unusual; however, instances in which the condition is not to be satisfied until after the death of the grantor may be sufficient to satisfy the delivery requirement of a deed to a grantee.
He kept the deed in his sole possession and control until November 29, 1963, when he gave the deed to his son, Buddy, and instructed him to put documentary stamps on the deed, which he did.
* A Deed Does Not Have to be Delivered Directly to the Grantee, by the Grantor, to Satisfy the Delivery Requirement; Rather, an Unconditional Delivery to a Third Party, Such as an Escrow Agent, Is Sufficient--Physical delivery of a deed to a grantee is not necessary to effectuate a valid transfer of title; however, it is imperative for the grantor to demonstrate the unconditional intent to convey the property.
Creating a positive environment is essential for the good deed to
Secondly, in order for a title deed to
be divided, say a title deed of a plot of land into ten title deeds representing the apartments that have been constructed upon it, the building must receive a Certificate of Final Approval that it has been constructed according to the relevant permits and that all property taxes relating to this property are paid prior to the division of the title deed.
Cost of procuring a title deed to
an investor varies between 1 per cent and 2 per cent of the cost of the property purchased, depending on what is stated in their sales and purchase contract (SPA).
On acceptance of the RSC'S offer, the employee signed and delivered a blank deed to
MARTIN Shaw returns as maverick and liberal Judge John Deed to
take on the establishment -and try a few cases.
And an indulgence reduces punishment by the same amount as is reduced by the prayer or deed to
which it is attached.
An insufficient legal description of the property, a lack of subscribing witnesses, and failure to obtain joinder of the grantor's spouse on a deed to homestead property are a few examples of this type of defect.
One common mistake is the attempted use of a corrective deed to divest an unintended grantee.
As mentioned previously, a proper acknowledgement is not required for validity but to entitle the deed to be recorded so as to provide constructive notice.
P, claiming he was entitled to develop up to 62 residences on smaller lots, executed a deed to
the county purporting to limit development to 30 residences.