Author Question: Why is it good practice to include the identification of the preparer of the deed on the first page ... (Read 46 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?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

For a complete list of videos, visit our video library