Nevada grant deed 2025

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Both types of legal documents serve the same function of transferring ownership of real property. The fundamental difference between quitclaim deeds and grant deeds is the level of protection and warranty provided to the grantee.
Transferring ownership of real property incident to divorce often involves the use of a Quitclaim Deed. Divorce professionals frequently request this deed when transferring property in a divorce settlement.
With a grant deed, the grantor, or seller, transfers his ownership in the property to the grantee, or buyer, guaranteeing that he actually owns the property. This provides protection for the grantee, or buyer, because it ensures she is getting what she is buying, and a title company has the ability to insure her title.
The fundamental difference is that a Grant Deed ensures the grantor has a legal interest in the property, while a Quitclaim Deed releases only the potential interest one might have in a property without any warranties.
With a grant deed, the grantor is granting their interest in a property to the grantee. It is guaranteeing that the property hasnt been transferred to any other grantee, and that it is free from any encumbrances, such as liens or taxes.
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Ordinarily, a deed cannot be given effect unless it is accepted by the grantee. An exception to this rule is made when the grantee is a minor or mentally incompetent. Acceptance of a deed may be shown by acts, words or conduct of the grantee showing an intent to accept.

nevada grant deed