Definition of Grant deed:
A type of deed where the grantor affirms that they have not previously conveyed the property to another person, and the property is not encumbered except as already noted on the deed. Grant deeds are common in California.
The grant deed is written proof that an individual owns a property. The grant deed also provides title guarantees to the new owner — insurance that the property title is free of claims or liens and the new owner has the right to sell or transfer the property to another.
A grant deed is a legal document used to transfer ownership of real property. The grantor is the person transferring the property, and each grantor must sign the deed. A grant deed contains the name of the person or entity transferring the property (the grantor); the legal description of the property being transferred (i.e., lot number, tract number, city, county, and state); and the name of the person or entity that the property is being transferred to (the grantee). The grant deed shows that the title has not already been granted to another person.
How to use Grant deed in a sentence?
- A notary usually witnesses the actual signing of a grant deed.
- A grant deed contains the name of the person or entity transferring the property and a full description of the property's details such as lot number, tract number and city and state.
- A grant deed is a legal document used to transfer ownership of real property and proving that the title has not already been granted to another person.
Meaning of Grant deed & Grant deed Definition