Author Question: Why is it good practice to include the identification of the preparer of the deed on the first page ... (Read 53 times)

javeds

  • Hero Member
  • *****
  • Posts: 570
Why is it good practice to include the identification of the preparer of the deed on the first page of the deed?
 
  What will be an ideal response?

Question 2

List and describe the components of the premises clause of a deed.
 
  What will be an ideal response?



efwsefaw

  • Sr. Member
  • ****
  • Posts: 351
Answer to Question 1

It assists the recorder of deeds in returning the recorded deed to the proper parties after
processing. It is also of assistance to title searchers by providing them with information on the existence of potential title insurance and availability of a prior title abstract or report including help if there is some error in the deed that must be corrected.

Answer to Question 2

The date and identification of the parties, where the parties are identified by their legal names. The granting clause recites that the grantor have granted and conveyed the property to the grantee in exchange for the consideration paid. The legal description describes the property being transferred. The recital describes how the grantor obtained title. The under and subject clause lists encumbrances, covenants, easements, and any restrictions. The appurtenances clause states that the grantor transfers not only the land, but all the building, improvements, and rights associated with the ownership, possession and use of the land.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library