How Do You Transfer A Title Of Real Estate?
The transfer of a real estate title occurs when the legal ownership rights to a property are conveyed from one person or entity to another. A title refers to the legal evidence of ownership in real estate, and the instrument used to transfer the title is a deed. According to “Mastering Real Estate Principles” by Gerald R. Cortesi, it is also important to note, “A deed can transfer title only if it is in proper legal form and conforms to the requirements of the state in which the property is located.” Check your state law regarding deeds. According to Cortesi, a deed must include all of the parts that are required by various state laws; however there are basic requirements that must also be met for a deed to be considered valid. The deed must be in writing, and must state who is transferring the title, the grantor, and who is receiving the title, the grantee. Identify the grantor of the deed. The grantor of the deed must have the legal capacity to transfer the title, and cannot be a min
