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Validity of Scripture: A Breakdown of the Requirements

La escritura (o «deed» en inglés) juega un papel crucial al representar la transmisión del derecho de propiedad de un inmueble de un propietario a otro. Para que una escritura sea válida, debe cumplir ciertos requisitos esenciales. Aquí, profundizaremos en cada uno de estos requisitos para entender su importancia en el proceso de transferencia de la propiedad.

1. Grantor (Assignor)

The transferor is the person or entity that transfers the property. You must be clearly identified and have legal capacity to sell the property.

2. Grantee

The transferee is the person or entity that receives the property. Like the assignor, he must be clearly identified in the deed.

3. In Writing

For a deed to be valid, it must be in writing. Verbal agreements are not recognized in the transfer of real estate.

4. Legal Description

The property in question must be described accurately, using legal terms, to ensure that it is identified unambiguously.

5. Granting Clause

Esta cláusula indica la intención del cedente de transferir la propiedad al cesionario. Suele contener frases como «por la presente concede y transfiere».

6. Consideration

Consideration refers to the price or value given in exchange for the property. It can be money, goods, services or other values.

7. Grantor's Signature

For a deed to be valid, the grantor must sign it, demonstrating his or her intent to transfer ownership.

8. Acknowledgment

This is a formal act in which a notary public or authorized official verifies the identity of the grantor and confirms that he or she has signed the deed of his or her own free will.

9. Delivery and Acceptance

For the transfer to be effective, the transferor must deliver the deed to the transferee, and the latter must accept it. Mere signing does not complete the transfer; Delivery and acceptance are essential.

Conclusion

The validity of a deed is essential to ensure a smooth and legitimate transfer of ownership. By understanding each of these requirements, both transferors and transferees can ensure a safe and efficient real estate transaction. It is always advisable to take appropriate legal advice when dealing with property transfers to ensure that all of these criteria are met.

Legal and Tax Disclaimer

Please be advised that the content presented in this blog is for informational purposes only and should not be construed as legal or tax advice. The articles and information provided here are written from the perspective of a real estate agent affiliated with Keller Williams, and do not represent legal or tax counsel.

As the author, I am a licensed real estate professional under Keller Williams, holding Brokerage DRE License Number: #02197031. However, it is important to note that my expertise is in the field of real estate, and not in legal or tax matters. The insights and opinions shared on this blog are based on my experiences and knowledge in the real estate industry and should be treated as general guidance rather than definitive legal or tax advice.

For specific legal or tax concerns relating to any real estate transactions or investments, readers are strongly encouraged to consult with a qualified attorney or tax advisor who can provide tailored advice based on your individual circumstances and the latest legal and regulatory requirements.

La información en este blog se proporciona «tal cual» sin garantía de ningún tipo, y yo, junto con Keller Williams y sus afiliados, rechazamos toda responsabilidad por cualquier pérdida, daño o malentendido que surja del uso de la información contenida aquí.

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