Deed validity and recordation Flashcards
A formal declaration made before a notary public by a person signing a document. This prevents fraudulent and forged documents, such as a deed
Acknowledgment/notarization
Express knowledge of a fact. Compare constructive notice
Actual notice
A sworn statement under oath that indicates the purchase price paid by the buyer in a transaction; must be filed with the deed and signed by both buyer and seller
Affidavit of value
Notice given by recording or document
Constructive notice
The legal active transferring title of property to the grantee. The final step in the transfer of title
Delivery and acceptance of deed
A person receiving a Grant a real property from the grantor
Grantee
A person transferring title to real property
Grantor
The active entering a written document into the public record for example giving constructive notice
Recordation