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Grant Deed (Property)

A legal document that transfers ownership of a property from one person to another, containing details such as the names of the parties involved and a legal description of the property.

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Service Description

A Grant Deed is a legal document that is used to transfer ownership of real estate property from one person or entity to another. This type of deed is commonly used in real estate transactions and is considered a legally binding document in the transfer of ownership of a property.

The Grant Deed contains important information such as the names of the parties involved in the transaction, the legal description of the property being transferred, and the consideration or payment for the transfer. The grantor, or the person or entity transferring the property, signs the Grant Deed and certifies that they have the legal authority to transfer the property to the grantee, or the person or entity receiving the property.

It is important to note that a Grant Deed does not guarantee that the title to the property is free from any liens or encumbrances. It only confirms that the grantor has the legal authority to transfer the property and that they have not transferred the property to anyone else.

To ensure that the property being transferred has a clear title, a title search or title insurance is recommended. This will verify that there are no liens or encumbrances on the property and that the title is clear for transfer.

In conclusion, a Grant Deed is a vital legal document in real estate transactions that must be executed with caution. It is important to seek legal advice before signing a Grant Deed to ensure that all legal requirements have been met and that the transfer of the property is done correctly.

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