The most common type of deed used in the selling of property is a grant deed. The grant deed is recorded in the county courthouse after a real estate sale and the buyer gets the original.
Grantor and Grantee
A grantor is the seller of the property. A grantee is the buyer of the property.
Grants do not have to be notarized nor recorded to be valid. Most grantors though
Grant deeds contain a written document that transfers a title, the written names of the grantor and grantee plus a description of the property coved by the grant deed. It also has an execution, delivery and acceptance along with a signature from both the grantee and the grantor.
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Declarations of a Grant Deed
The things a grant deed declares is the property has not been sold to anyone else and the property is not laden with obstructions other than those items already disclosed to the grantee. It also makes the promise that the grantor has the legal right to sell the property listed in the grant deed.
Tyoes of Deeds
There are other types of deeds, warranty deed, quick claim deed, title deed, deed of trust, special warranty deed, and bargain and sale deed, and court order deeds are most of the more used ones. Out of all of these the most common type is a grant deed.