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Aug 6th, 2022
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How to Control Needed Field Deed For Free

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(upbeat music) - All right, welcome to todays video. Thanks for joining us again. As I said in the opener, were going to be discussing two key concepts that you have to know for your real estate licensing exam. And quite frankly, it is something that is pretty something you need to know in the real estate profession itself. And that is public and private land use controls. Now, understand from a previous video that I did on what we call the Bundle of Rights. That video outlined all the things that you as a private owner of real property, the interest in the things that you can do with that property. You can lease it, excuse me. You can lease it, you can mortgage it. You could rent the property out. You could, you have subsurface rights and air rights and surface, all that stuff. All that stuff we discussed as the bundle of rights. All the things that youre legally allowed to do because of the interest you have in that property. Well, as the history of the company or the country pro

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The documents can be prepared by anyone as long as the required information is written in the deed as outlined in 66-5-103. Once the forms have been prepared, along with the Legal Description of the property, it may be signed with two (2) witnesses or a notary public.
The Tennessee State Library and Archives has microfilmed copies of older deeds for every county in Tennessee. The deeds records are arranged by the name of the seller/buyer (grantor/grantee).
A Tennessee quitclaim deed form transfers the current owners entire interest in the property with no warranty or covenants of title. The new owner (the grantee) receives whatever ownership interest the current owner (the grantor) can legally transfer.
A general warranty deed provides the highest level of protection for the buyer because it includes docHub covenants or warranties conveyed by the grantor to the grantee.
A special warranty deed only guarantees that there are no encumbrances on the property for the period of time the seller had the property tile in their name. This means that the seller is not liable for any title issues that could have happened before they took ownership.
In the State of Tennessee, a quitclaim deed must be either docHubd by a Notary Public or signed by the seller of the property in front of two witnesses ( 66-22-101). Once one of these criteria has been met, the document must be filed with the Register of Deeds Office along with the proper filing fees ( 66-5-106).
To record a warranty deed, quit claim deed, deed of trust, amendment, lease, restriction, agreement, lien, and judgment, the fee is $5 per page. There is a $2 computer fund charge. The minimum amount charged to record one of the above-mentioned items is $10. The state tax on a deed is $3.70 per $1,000 of consideration.
A Deed of Assignment can only be prepared by a lawyer in Nigeria. The legal counsel of the buyer drafts out this document, deed of assignment, to represent the interest of his client. Thereafter, the legal counsel of the seller scrutinizes and executes this document to project mutual consensus, between the duo.
The key legal requirements for a document to be a formal deed are: The document must be in writing. The document must make clear that it is intended to be a deed known as the face value requirement. The document must be properly executed as a deed. The document must be delivered.
In the State of Tennessee, a quitclaim deed must be either docHubd by a Notary Public or signed by the seller of the property in front of two witnesses ( 66-22-101). Once one of these criteria has been met, the document must be filed with the Register of Deeds Office along with the proper filing fees ( 66-5-106).

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