Property Deeds
A property deed is the legal document which transfers the property from your seller to you. You should review it carefully at settlement to make sure that your name (or names) are spelled correctly, and that the legal description is correct, including the noted deed of trust and deed transfer costs. If you are taking title with another person (a spouse or a friend) make sure that the status of title is the way you want it, which may entail avoiding a quit claim deed transfer. If you are in doubt as to how title should be structured and your specific deed transfer rights, discuss the matter with your legal adviser before you go to settlement.
Types of Deeds:
- Ladybird Deeds
- Quit Claim Deeds
- General Warranty Deeds
- Special Warranty Deeds
- Deed of Trust
- Deed of Release