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The estate of Allan R. Gifford, Jill G. Green and Timothy P. Gifford conveyed Unit 235 to Thomas D. Brosey and Deborah Brosey for $340,000. Eastland Drive to Mirna J. Corredor and Carlos J. Corredor for $189,900. Thomas H. Rudloff conveyed property on Donnerville Road to Michael J. Spence for $232,000. Steven M. Schoffstall and Christina N. Schoffstall conveyed property on Woodlyn Farm Way to Scott Wengrenovich and Emily Wengrenovich for $853,000. Barbara A. Brenner conveyed property on Nolt Road to Debord Holdings Group LLC for $1. Joan H. Saunders conveyed property on Mercers Mill to Lynn E. Knepp and Rose Y. Knepp for $495,000.
Special Warranty Deed
The estate of Donald E. Snavely and The estate of Donald Eugene Snavely conveyed property on Cardinal Lane to Sandra L. Fichthorn for $1. Kidist Gebryes and Eyasu Woldu conveyed property on a public road to Kidist Gebryes, Eyasu Woldu and Mekdes Woldu for $1. Ryan J. Hoover and Christina M. Gallagher conveyed property on a public road to Ryan J. Hoover, Christina M. Gallagher and Donell Gallagher for $1. Historic East Side Suites LP conveyed property on a public road to Kwoun Real Estate LLC for $1,440,000. Historic East Side Suites LP conveyed property on a public road to Sin Oh Kwoun for $210,000. Parkside At Lampeter LLC conveyed property on a public road to Parkside At Lampeter LLC for $1.
If you’re a business
Gift deeds can be an effective tool in estate planning, allowing individuals to gift assets and thereby reduce the size of their taxable estate. Additionally, assets passed on via a gift deed bypass the probate process, enabling a quicker and more direct transfer to the recipient without court involvement. Titles are also used to discuss ownership of other asset types, such as cars or boats. A car title often refers to the legal document you receive when purchasing a vehicle, naming you the owner.
Property deed vs. title
A title search is an important step when purchasing a property because it can help you identify any liens or other claims against the property’s title. In California, title searches are typically conducted by title companies or attorneys. The process involves reviewing public records to determine the property’s ownership history, as well as any liens or encumbrances on the property.
How Does A Deed To A Property Work?
In a best case scenario, the grantor has a good title and the quitclaim deed is just as effective as a general warranty deed. However, the grantee has no legal protection if it turns out that there’s a problem with the title. A general warranty deed differs from other deeds because it guarantees that there are no other claims to the property. Home buyers should ask sellers to purchase title insurance for the benefit of the new owners to back up their warranty. This way, they don’t have to track the prior owner down to defend them should a claim arise. One of the many things a homeowner can do with a house deed is to use it to sell the house to a new owner, or to gift it to a loved one.
File Reassessment Exclusion Claim, if any, at the Assessor’s Office
Most mortgages have a "due on sale" clause that may be triggered at death. If so, other liquid assets in the estate would need to be used to pay off the debt, the inheritor would need to qualify for a mortgage on their own, or the home would need to be sold. The information and instructions are provided for use in the Sacramento County Superior Court.
Sharon Lear Willoughby-Register of Deeds Register of Deeds - Pender County Government
Sharon Lear Willoughby-Register of Deeds Register of Deeds.
Posted: Thu, 20 Jul 2023 05:06:48 GMT [source]
A house deed is a written document that identifies the legal owner of a specific property. When someone buys a house, both the buyer and the seller must sign a deed. The deed transfers the property’s ownership rights from the original owner to the new owner. A grant deed, used in some states, is similar to a special warranty deed. Generally, a state will use either a grant deed or a special or limited warranty deed, but not both.
Deeds are the primary way homebuyers can indicate true ownership and protect themselves in points of real estate dispute. The buyer and seller of a property should always fill out a house deed to verify the transfer of ownership is accurately completed during a transaction. The deed should then be notarized and filed with the county recorder’s office to maintain public record. House deeds are important because they show who has legal ownership interest in a property. If you’ve been through the home buying process, you’re probably already at least somewhat familiar with house deeds. A house deed is the legal document that transfers ownership of the property from the seller to the buyer.
What are property deeds?
By using the property deed instrument, the current owner of a property can legally grant ownership of the property to a new owner. When you finally get the deed to your house, you know it’s official - you’re now a homeowner! A house deed is a critical document involved in the homebuying process. Thus, you’ll need to know how it works and the different types of deeds that may be used. Keep reading as Trust & Will explains what you need to know about house deeds used in real estate. A house deed and title are two commonly confused aspects of the homebuying process, and rightfully so.
While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. A bargain and sale deed includes a warranty that the grantor owns the property but doesn’t guarantee against claims or liens. It does not protect the grantee against title-related problems that may arise after the transfer. The grantee assumes the risk of any encumbrances or defects in the title. Because of its risky nature, a quitclaim deed is commonly used to transfer property when there is a high degree of trust between the parties involved.
Neighbors conveyed property on Mohler Church Road to Roco Property Investments LLC for $210,000. Harold S. Bauman conveyed property on North State Street to William Chad Miller and Noelle M. Miller for $280,000. Bethany Napolitano and Engle Family Irrevocable Trust conveyed property on State Street to Bethany Napolitano, Erica Martin and Mark Engle for $1. Anthony Newswanger Leid and Susan Z. Leid conveyed property on Maple Grove Road to Anthony Newswanger Leid and Susan Z. Leid for $1.
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