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How to control title deed

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if you are a real estate agent or youre interested in becoming a real estate agent then you have probably heard these two terms title indeed used interchangeably but Im going to explain today what is the difference in the fact that they are not exactly the same thing Im Tiffany Weber Im a real estate attorney in Mooresville North Carolina at Thomas and Weber lets get right into it all right first were going to start with title because this is the foundational concept so title refers to ownership your ownership of the property so title is comprised of a lot of different things if youre sitting in a law school property class right now your professor might describe it to you as the bundle of sticks so when you own property you have this bundle of sticks so one stick might be the right to convey the right to lease the right to encumber the right to position you have all of these different rights to do things with your property and when you have all of the sticks then you own the pr

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How do I file a quitclaim deed in Georgia?

How to Write and File a Quitclaim Deed in Georgia Step 1 Obtain the Georgia Quitclaim Deed Form. Step 2 Fill out Form Details. Step 3 Write Deed Delivery Name and Address. Step 4 Enter Preparers Name and Address. Step 5 Get Signatures and Have Deed docHubd. Step 6 Pay Real Estate Transfer Tax.

What does it mean if your name is on the deed but not the mortgage?

If your name is on the deed but not the mortgage, it means that you are an owner of the home, but are not liable for the mortgage loan and the resulting payments. If you default on the payments, however, the lender can still foreclose on the home, despite that only one spouse is listed on the mortgage.

Are deed and title the same thing?

The deed and title of a home are closely related, but have important differences. When you own a home, the deed is the physical document that proves ownership. The title is the concept of legal ownership that the deed grants you.

Which type of deed would be the best to convey property?

A warranty deed ensures that the title conveyed over property is full and free from encumbrances. It establishes trust between a buyer and a seller because the seller covenants that he will protect the buyer against any claim on the property. In short, a warranty deed makes a seller accountable to the buyer.

What type of deed is most commonly used?

A warranty deed is a transfer of title where the seller pledges to the buyer that the property is owned free and clear of all liens. This deed is the most commonly used deed with the issuance of title insurance.

Which type of deed provides the greatest protection?

A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document.

What is the strongest form of deed?

What Is the Strongest Type of Deed? For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While its the best deed for the grantee, it gives the grantor the most liability.

What is the best type of deed to get?

A Warranty Deed is the best of the best. It protects you from all future and past issues with property title and any outstanding debts or liens.

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