Deeds (Cheat Sheets) Flashcards

1
Q

What is a deed?

A

F D A

The document that transfers title of real property from one party to another. It must meet the formality requirements, be delivered, and accepted to be effective.

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2
Q

What are the formality requirements of a deed?

A

In order to satisfy the formalities, a deed must be in writing, signed by the grantor, and specify the parties and land (within reason).

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3
Q

When does delivery of a deed occur?

A

Delivery occurs when the grantor’s intent to make the deed presently effective is ascertained. Intent can be inferred even if actual possession of the document itself is postponed.

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4
Q

How can a deed be accepted?

A

Acceptance is generally presumed unless parties expressly state otherwise. It occurs on date deed is delivered into escrow.

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5
Q

What are the types of deeds?

A

general warranty

special warranty

quitclaim

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