What is a property deed
Property Deeds are legal documents that convey or transfer the title to real estate property from one party to another. Once the property deed is executed in the presence of a notary and recorded at the County Recorder’s office, the individuals named on the deed own the title to the property. A new deed must be executed to transfer the title again. The deed contains a description of the property, the identification of its location or property lines, the grantor (seller), the grantee (buyer), the addresses of the involved parties, and specific words of conveyance. The words of conveyance state that the grantor is conveying an interest in the property to the grantee. The grantor is the party that is handing over their interest in the property, whether by selling it or giving it as a gift. The grantee is the party that is accepting the property, either by purchasing it or receiving it as a gift. A variety of deeds exist, each of which offer different legal rights. The most common property