Legal Do’s And Don’ts Of Real Estate Deeds

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A deed is an important part of real estate transactions. It is key to defining and understanding the details involved in the transfer of ownership of property or assets. Read on to learn about some of the legal do’s and don’ts of creating and abiding by a real estate deed, as explained by someone who understands real estate law from Daniel Burke, Attorney at Law

How a Professional Real Estate Attorney Can Help

Creating a real estate deed can be done by yourself but to ensure it’s accurate and legally binding, you need an attorney to review the process and prepare the document correctly. A professional real estate lawyer can walk you through the steps to creating your document and help you understand the different types of deeds. 

By hiring an attorney to create your real estate deed, you can be confident your deed will be written accurately and fulfill all legal requirements. 

What Not To Do When Creating A Real Estate Deed

Don’t download a sample deed without professional preparation. While downloadable documents are available, these templates may not be suitable for your deed type. Also, without proper legal assistance, you could be putting yourself at risk of losing ownership rights to your property.

Know Why You Need A Deed

A deed is a legal instrument, almost always physically written, that proves legal ownership of property or an asset. Without a deed, your property is not protected by law and as such, you are at risk of losing your assets or property to the previous owner or a third party. Depending on the type of deed you’re creating, your document provides you with certain legal protections.

Don’t trust you have property rights without a deed to defend yourself. A real estate deed describes in detail your property boundaries and its location for future reference. To be considered legal, a real estate deed must meet specific requirements. Make sure your deed is valid and enforceable by hiring a real estate attorney.

Why Deeds Are Important

When it comes to creating a real estate deed, it’s important to understand the different types of deeds. Depending on your individual situation, you may need one of the following:

  • Grant Deed
  • Quitclaim Deed
  • Warranty Deed
  • Transfer on Death Deed
  • Correction Deed

Each of these deeds applies to specific situations and types of properties, therefore it’s imperative to work with a professional. With help from an attorney, you can understand which deed is right for your situation and how to begin the creation process. A real estate attorney will work with you to review your deed for your property or assets.

The Review Process

Don’t skip the review process. You need a real estate lawyer to review the deed so you can ensure everything is correct. Find a real estate attorney near you to work with you through the creation and review process. 

The Requirements Of Your Deed

Deeds must be clearly written and easily understood, while also meeting all legal requirements. Because it is a major legal document, you need witnesses, the parties involved, a notary public and your attorney included in the process of fulfilling your deed.

Record Your Deed

Don’t forget to record your deed in the county where the property is located. If you skip this step, your property isn’t protected from the previous owners. By hiring a real estate attorney, you can be confident the process of deed creation and review is done correctly and thoroughly. 

Creating Your Deed

If you’re interested in creating your own deed, trust a real estate attorney to help you through the process. Protect your property or assets with a real estate deed created and reviewed by a professional.