Mastering deed preparation begins by recognizing the need to prepare your production team to think and perform at we presented to you in this white paper: 1. Each deed prepared by our deed preparation service was designed by attorneys with each legal requirement in mind and uses the right language for the warranty of title. Rates vary by state and law office but typically fall in the range of $200 to $400 per hour. The provided information will be used to assist and accelerate the deed preparation process, however, it does not create an attorney client relationship. There are several different forms of deeds, and it is important for your title company, such as Colony Title Associates, to be knowledgeable about which one is the right fit for your property needs. Should your deed be a grant, warranty, quitclaim, or gift deed? Unlike a grant or warranty deed, it does not specify which rights are being transferred, but rather it confirms that the grantor agrees to give up any rights that he or she may hold. Colony handles closings for several lenders, including banks, credit unions and mortgage brokers. Deed Preparation – This fee is for drafting the document that conveys the property from the seller to the buyer and states the warranties and rights that the seller is granting the buyer. This entry was posted on While the content of a grant deed can vary between different states, it generally includes a “granting” clause that transfers the title, the names of the grantor (seller) and grantee (buyer), a description of the property, and signatures. Get un‐stuck. Colony is the preferred choice for many real estate brokers in the area. Colony Title ©2021 | Website Design & Marketing provided by Adventure Web Interactive, Three Ways Couples Can Jointly Hold Title in Maryland, Qualities That a Competent Insurance Agent Will Have, Making Sure You Hire a Solid Loan Officer, Why You Should Consider Title Insurance for Your Commercial Property. Basically, this process ensures that every “i” is dotted and every “t” crossed when it comes to your property deed. Arizona Beneficiary Deed Preparation. Did you know that there are different kinds of deeds? The experts at Colony Title will know. What exactly is deed preparation? A quitclaim deed is often used to transfer ownership of a property among family members, such as between parents and children or among siblings, or to add or remove a spouse from the property title, particularly as a result of marriage or divorce. Accurate Deed Preparation Is Critical in Real Estate Transactions. Fill out the information below. A grant deed is one of the most commonly used deeds for transferring property title. This includes searching for the prior deed and confirming the correct parties and legal description to attach to the new deed. Our Beneficiary Deed preparation service includes: Assistance with obtaining the current deed to the property. A tax deed, where the home is sold to pay off unpaid property taxes. 5 Below are the Deed structures available to you through the Standard Legal document preparation service. Direct Deeds is especially proud to be a Minority Women Owned business and nationally recognized for their commitment to excellent customer service. One of those steps is the deed preparation. A real estate deed is a legal document that transfers ownership of a property from one party to another. What exactly is deed preparation? Our two decades experience and being the largest deed preparation company in America, makes us your best choice for all of your deed preparation needs. You can follow any responses to this entry through the Get your deed in minutes. Just answer several questions online and the US Legal specialist will contact you for more information on the transaction to get your deed prepared and filed for you. However, it is important to know how these deeds differ and ensure that you receive all the necessary documentation to give you full ownership of your home. Baltimore Title Insurance . We offer services to cover everything required to create a deed, calculate any transfer taxes and record the deed. 3 Make it Official. As it relates to real estate, a deed is a legal document prepared by a lawyer, which when signed by the seller, conveys title to the property to the buyer. A Title Company also maintains and supplies the necessary documentation for deed preparation, including all relevant actions, to change possession. There’s a lot of excitement that comes with buying or selling a home. For more information on deed preparation, v isit the website of Meek Law Firm South. A gift deed, where the property is transferred without any payment of money, such as between relatives. Why … A lawyer either charges a flat fee or an hourly fee to prepare a quitclaim deed. Founded in 1995, Colony Title Group handles in excess of 2000 real estate closings per year in the central Maryland area. Preparing a Deed with a special explanation about Quit Claim Deeds. In general, a warranty deed includes a statement that there are no undisclosed liens or encumbrances on the home, that the grantor is the owner of the property, and if this information is incorrect, the grantor will compensate the grantee. Warranty deeds are similar, but they also place responsibility on the seller for potential legal issues. Posted on October 18, 2017 October 26, 2017 by AJIT ARJUN CHAUGULE [ADVOCATE AND CHS LEGAL ADVISOR] CONVEYANCE DEED – The founder Tee Tillman has over 23 years experience in the title and real estate law fields. Preparing and recording deeds requires knowledge, experience, and abilities. Grant deeds are pretty common. NJ Deed Preparation for divorce, add or remove child, probate, transfer to LLC, etc. Although you can prepare such a deed on your own, thanks to the many deed of sale sample letters available out there, it’s important to protect yourself by at least having a legal professional review it before you make it official. A real estate deed is a document that shows who the rightful owner of a property is. A grantor would ideally prefer to give a quitclaim deed because it frees them of liability for any title problems. Thursday, April 3rd, 2014 at In addition, if the non-lawyer is preparing a deed for an LLC or corporation he owns which is selling the real estate, he is engaging in the practice of law without a license. An insurance company that finds a “cloud” in the title of a property it is looking to insure might also ask the person to quit his or her possible claims via a quitclaim deed. You can leave a response, or trackback from your own site. I agree that deed preparation by a non-lawyer is a poor decision. Complete all state and county forms 4. Deed Preparation While there are various types of deeds, their purpose is the same: to make sure that ownership of the property is transferred from grantor to grantee. If you have questions, the Maryland real estate insurance experts at Colony Title Associates can be reached by calling 410 884-1160 or visit ColonyTitle.com today! It states that the property has not been sold by the seller to anyone else and that the property is not burdened by any undisclosed encumbrances (e.g., a mortgage or lien). A quitclaim deed is used to guarantee that the seller no longer claims any ownership over the property. And a gift deed is used often in cases of inheritance, when no money is involved in the transfer of property. When you buy a property from another party, they have to legally hand over the property. On the other hand, the grantee is best protected by a general warranty deed. Our online deed preparation service has the features you need to create the right deed for your state and your specific situation. A real estate deed is a legal document prepared by a lawyer, which when signed by the seller, and recorded with the County Clerk, conveys title to the property to the buyer. In common law, a deed (anciently "an evidence") is any legal instrument in writing which passes, affirms or confirms an interest, right, or property and that is signed, attested, delivered, and in some jurisdictions, sealed.It is commonly associated with transferring (conveyancing) title to property.The deed has a greater presumption of validity and is less rebuttable than an instrument … Depending upon the Deed type you choose to manage your own particular property transfer needs, Standard Legal will provide a questionnaire to collect some basic information about the property and the type of transfer desired. Title companies routinely prepare quitclaim deeds in many states. To avoid any complications or unwanted court actions, you need to work with a lawyer who is experienced in deed preparation. We offer a thoroughgoing review or preparation of leases as well, in accordance with the firm’s landlord-tenant law practice. A deed-in-lieu of foreclosure, which may be used by a seller who is in danger of losing his or her home as a result of falling behind on mortgage repayments. deed: [verb] to convey or transfer by a signed instrument containing a legal transfer, bargain, or contract : to convey or transfer by deed (see 1deed 4). RSS 2.0 feed. A grant deed is most commonly seen when the grantee is acquiring title in a tax or foreclosure sale. As soon as you complete our easy question-and-answer interview, your document is sent to your e-mail address. Having the deed in your name signifies that the house and attached property legally belongs to you. Know the correct deed requirements 2. Fees for title companies vary, but a market scan shows an average of $100 to $200 for a simple quitclaim deed. 603 Deed Preparation jobs available on Indeed.com. See more below about our Tampa deed preparation services, or call our office at 813-252-6789. Deed Preparation Options. What Is Deed Preparation? Other types of deeds that are used to transfer ownership include: EasyDocs123.com uses attorneys to prepare the deeds and to verify everything is done according to state regulation in the state where the property is located. A deed is a signed legal document that transfers the title of an asset to a new holder, granting them the privilege of ownership. A deed is a written document used to convey an interest in real property A transaction involving the purchase and sale of real property is usually concluded by delivery of a deed from the seller to the buyer There are 4 basic types of deeds (also known as statutory deeds): bargain and sale deed … As the name implies, a title company has to ensure that the title to a building is valid and does not change. Grant Deed, Quitclaim Deed, Affidavit Death of Joint Tenant, Trust Transfer Deed, Transfer on Death Deed or other California deed Includes preparation of Preliminary Change of Ownership Report: $200: Warranty or Out-of-State Deeds (Non-California Deeds) $275: Timeshare Deeds : $275 The deed is the legal document used to … Call (386) 218-6155 to speak to an attorney. Deed Preparation. Ensure your deed is UPL compliant 3. Need deed preparation services? With a Deed preparation option, you’ll get a turnkey solution for all your occasion-specific needs. Basically, this process ensures that every “i” is dotted and every “t” crossed when it comes to your property deed. So, what is a deed? Having the deed in your name signifies that the house and attached property legally belongs to you. A quitclaim deed states that if the seller has an ownership claim, that person agrees to quit that claim. When you order this service you will be contacted to assess your situation and determine what is the correct type of deed for you. Not sure what the best option is for you? A deed search is required when you order a deed prep. Click here to create a warranty deed . One of our real estate attorneys will contact you within one business day. 24 Woodville AvePittsburgh, PA 15220Get Directions, © 2017 EasyDocs123.com All Rights Reserved  |  Privacy Policy. Order Now. These deeds are also commonly used by corporations transferring property among closely related entities or when a property is being transferred into a family trust. Consulting with an attorney or online document preparation service first may save you time. The seller may decide to negotiate with the lender to accept this deed as a way of avoiding foreclosure. Turner Law Firm, PLLC assists people throughout the preparation and recording of deeds. 3:57 pm and is filed under Have your deed prepared by a professional from Colony Title. Researching the proper way to prepare a quit claim deed may take a lot of time and effort. A grant deed ensures that the seller (and only the seller) is entitled to sell that property to you (and only to you). While similar to a grant deed, the warranty deed states that the grantor will warrant and defend title over the property, meaning that the grantor guarantees that the ownership is free of any defects, even if they result from a prior owner. However, it is important to know how these deeds differ and ensure that you receive all the necessary documentation to give you full ownership of … Get Your Documents Fast. If you have to ask this question, you should not be attempting to prepare a deed! We will prepare deeds for you. The mortgage company usually prepares this deed as part of the loan package and delivers it to the title company for you to sign at closing. (Please add $10 for deeds to be recorded outside of Maricopa County.) Direct Deeds is the product of 20 years combined experience of building relationships, fine-tuning expertise and helping people like you get things in order. A deed of sale is a legal document that contains the terms of a contract of sale of a piece of land or an apartment in a block of flats and which must be signed by the … To get started we will need the complete property address and reliable contact information for you. deed description is provided on the survey plat, it must be titled "Deed Description." Therefore, there is a risk with a quitclaim deed that the grantor may not actually have owned the property, or that there may be others who own the property. The main benefit of a quitclaim deed is that it prevents the grantor from later claiming an interest in the property. Remember, deeds are legal documents, so listing an attorney's name as the preparer adds more validity to the deed. A warranty deed states that the seller has good title to the property and has a right to sell it to you. Grant deeds. While there are various types of deeds, their purpose is the same: to make sure that ownership of the property is transferred from grantor to grantee. Let us prepare your deeds right the first time. You can also follow Colony Title on Facebook, Twitter, and LinkedIn, http://www.realtor.com/home-finance/homebuyer-information/deed-preparation-and-real-estate-transfer.aspx?source=web, Tags: Baltimore, Colony Title Group, Tee Tillman, Title Insurance, Title Insurance Company. conveyance deed – entire process from preparation till registration. If a separate document is provided, the description shall be signed and sealed by the licensed professional land surveyor responsible for its preparation. What Is a Deed? One of those steps is the deed preparation. You may be moving for the house of your dreams, for a new and better job, to get your children in a top-rated school or for many other wonderful reasons. Attorney Jonathan Meek has the education and experience to ensure your deed preparation is rock solid. Neal Law Firm will prepare and record your Arizona Beneficiary Deed for $250, including recording fees. Warranty deeds are often used in the Midwest and Eastern states. Once the deed is final, it is time to make it official by signing and recording it. When we contact you additional information will be requested. In most closings, I find that the seller pays this fee, at closing. Apply to Legal Assistant, Associate Attorney, Customer Service Representative and more! 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