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What is a contract for deed in NC?

An installment land contract (also known as a land contract, land sales contract, or contract for deed) is a written agreement whereby real property is sold on the installment payment method with the seller retaining legal title to the property until all of the purchase price is paid or until some other agreed point in

What are the essential elements of a valid deed in North Carolina?

7. The basic requirements of a valid deed are (1) written instrument, (2) competent grantor, (3) identity of the grantee, (4) words of conveyance, (5) adequate description of the land, (6) consideration, (7) signature of grantor, (8) witnesses, and (9) delivery of the completed deed to the grantee.

Is an unrecorded deed valid in Alabama?

The Court also considered Alabama cases stating that while there are certain benefits from recording certain real property transactions, Alabama has no law which requires a mortgagee to record his mortgage. To the contrary, the Court noted that Alabama law recognizes that a deed that is unrecorded is good between

Does a deed need to be docHubd in North Carolina?

Almost all instruments presented for recordation first must be acknowledged (docHubd) before the Register of Deeds can record the instrument. Notary Publics are authorized by North Carolina law to perform this duty.

What makes a deed valid in NC?

All deeds, contracts or leases, before registration, except those executed prior to January 1, 1870, shall be acknowledged by the grantor, lessor or the person executing the same, or their signature proven on oath by one or more witnesses in the manner prescribed by law, and all deeds executed and registered according

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