Author Question: Why is it good practice to include the identification of the preparer of the deed on the first page ... (Read 50 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?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

For a complete list of videos, visit our video library