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Requirements of valid deed parties include the Grand Tour as the seller, the grantor conveying title to the grantee through a legal instrument known as a deed. The grantee is the entity receiving title to real estate, with key legal requirements including capacity of the grantor, identification of the grantee, form of ownership, granting clause, consideration, legal description, signatures, and delivery. The grantor must be of sound mind and lawful age, with the identification of the grantee requiring sufficient information for certainty. If the grantor lacks legal capacity or the grantee is not clearly identified, the title transfer may be voidable or require court approval.