What is a Grant Deed?
Grant deed is a type of legal document that is used to transfer real estate property from one person or entity to another person or entity in some states of the United States. The Grant Deed is most popular deed in the State of California. This type of deed is mostly used for selling or buying a real estate property as it grants that the title of the deed is clear from all kind of liens.
The person who is selling the property is called the grantor and who is buying the property is called the grantee. The grantor need to sign the deed in front of the notary public by the grantor and then it should be notarized and recorded in the Recorders Office of the State to make the Grant deed valid. The deed should be notarized to prove that the document is real and not forged The time limit to record the deed varies in different states but the sooner you record the deed the better for you.
The buyers need protection and that is why they prefer using grant deed instead of quit claim deed. The grant deed states that the seller has the absolute right to sell the property and it has no liens. Some people also like to use Warranty deed in place of Grant deed for buying or selling property.
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